Asian Development Outlook 2018 Update: Maintaining Stability amid Heightened Uncertainty
(eBook)

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Published
Asian Development Bank, 2018.
Status
Available Online

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Format
eBook
Language
English
ISBN
9789292613358

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APA Citation, 7th Edition (style guide)

Various Authors., & Various Authors|AUTHOR. (2018). Asian Development Outlook 2018 Update: Maintaining Stability amid Heightened Uncertainty . Asian Development Bank.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Various Authors and Various Authors|AUTHOR. 2018. Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty. Asian Development Bank.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Various Authors and Various Authors|AUTHOR. Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty Asian Development Bank, 2018.

MLA Citation, 9th Edition (style guide)

Various Authors, and Various Authors|AUTHOR. Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty Asian Development Bank, 2018.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work IDc1093652-c728-5546-54b0-627f3c18635d-eng
Full titleasian development outlook maintaining stability amid heightened uncertainty
Authorauthors various
Grouping Categorybook
Last Update2022-10-18 21:40:45PM
Last Indexed2024-04-20 02:47:18AM

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First LoadedJul 3, 2023
Last UsedJul 18, 2023

Hoopla Extract Information

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    [synopsis] => Growth in developing Asia is holding up against external headwinds. Robust domestic demand supported the region's large economies, and oil prices above expectations boosted prospects for many oil and gas exporters. Consumer prices are picking up with rising global fuel and food prices, but moderate inflation in several Asian economies has kept the regional average in check. Downside risks to the outlook are intensifying. If tightened more than investors expect, US monetary policy could accelerate capital outflow from Asian economies and put further depreciation pressure on regional currencies. Any escalation of the trade conflict could disrupt cross-border production links. Most economies remain robust, but policy makers must be ready to respond. In the years since the Asian financial crisis of 1997–1998, sound domestic macroeconomic fundamentals and buoyant external conditions have supported developing Asia's rise to become an engine of the global economy. However, the changing global landscape poses new challenges to the maintenance of macroeconomic stability. This update explores the key pockets of vulnerability and the policy options available to manage them. To fortify the region against heightened uncertainty, policy makers may need to deploy the full range of policy tools, while forging and safeguarding the sound fundamentals that support economic, social, and political stability.
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