Regional Economic Outlook Asia And Pacific April 2024

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 35 pages
File Size : 49,6 Mb
Release : 2024-04-29
Category : Business & Economics
ISBN : 9798400272349

Get Book

Regional Economic Outlook, Asia and Pacific, April 2024 by International Monetary Fund. Asia and Pacific Dept Pdf

Growth in Asia and the Pacific outperformed expectations in late 2023, reaching 5.0 percent for the year. Inflation has continued to decline, albeit at varying speeds: some economies are still seeing sustained price pressures, while others are facing deflationary risks. In 2024, growth is projected to slow modestly to 4.5 percent. Near-term risks are now broadly balanced, as global disinflation and the prospect of monetary easing have increased the likelihood of a soft landing. Spillovers from a deeper property sector correction in China remain an important risk, however, while geoeconomic fragmentation clouds medium-term prospects. Given the diverse inflation landscape, central bank policies need to calibrate policies carefully to domestic needs. Fiscal consolidation should accelerate to contain debt burdens and debt service cost, in order to preserve budgetary space for addressing structural challenges, including population aging and climate change.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 51,6 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:810317805

Get Book

Regional Economic Outlook by Anonim Pdf

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 34 pages
File Size : 53,9 Mb
Release : 2023-05
Category : Business & Economics
ISBN : 9798400238062

Get Book

Regional Economic Outlook: Asia and Pacific, May 2023 by International Monetary Fund. Asia and Pacific Dept Pdf

Growth in Asia and the Pacific is projected to increase this year to 4.6 percent, up from 3.8 percent in 2022, an upgrade of 0.3 percent from the October 2022 World Economic Outlook. This means the region would contribute over 70 percent to global growth. Asia’s dynamism will be driven primarily by the recovery in China and resilient growth in India, while growth in the rest of Asia is expected to bottom out in 2023, in line with other regions. However, this dynamic outlook does not imply that policymakers in the region can afford to be complacent. The pressures from diminished global demand will weigh on the outlook. Headline inflation has been easing, but remains above targets in most countries, while core inflation has proven to be sticky. Although spillovers from turmoil in the European and US banking sectors have been limited thus far, vulnerabilities to global financial tightening and volatile market conditions, especially in the corporate and household sectors, remain elevated. Growth is expected to fall to 3.9 percent five years out, the lowest medium-term forecast in recent history, thus contributing to one of the lowest medium-term global growth forecasts since 1990.

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 61 pages
File Size : 42,8 Mb
Release : 2012-04-27
Category : Business & Economics
ISBN : 9781616352509

Get Book

Regional Economic Outlook, April 2012, Asia and Pacific by International Monetary Fund. Asia and Pacific Dept Pdf

Barring the realization of downside risks to the global economy, growth in the Asia and the Pacific region is expected to gain momentum over the course of 2012, according to this report, and now projected at 6 percent in 2012, rising to about 61⁄2 percent in 2013. Stronger economic and policy fundamentals have helped buffer the region's economies against the global financial crisis, by limiting adverse financial market spillovers and ameliorating the impact of deleveraging by European banks, but a sharp fall in exports to advanced economies and a reversal of foreign capital flows would have a severe impact on the region. The region's policymakers now face the difficult task of calibrating the amount of insurance needed to support stable, noninflationary growth. Some Asian and Pacific economies can afford to lengthen the pause in the normalization of their macroeconomic policies that was initiated when the global recovery stalled late in 2011; others may need a faster return to more neutral policy stances. Similarly, the pace of fiscal consolidation should be calibrated to country-specific circumstances. Additional chapters in the report discuss whether China is rebalancing and the particular challenges facing Asian low-income and small island economies.

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 67 pages
File Size : 54,8 Mb
Release : 2022-10-28
Category : Business & Economics
ISBN : 9798400220517

Get Book

Regional Economic Outlook: Asia and the Pacific, October 2022 by International Monetary Fund. Asia and Pacific Dept Pdf

After the strong rebound of 6.5 percent posted in 2021, growth in Asia and Pacific is expected to moderate to 4.0 percent in 2022 amid an uncertain global environment and rise to 4.3 percent in 2023. Inflation has risen above most central bank targets, but is expected to peak in late 2022. As the effects of the pandemic wane, the region faces new headwinds from global financial tightening and an expected slowdown of external demand. While Asia remains a relative bright spot in an increasingly lethargic global economy, it is expected to expand at a rate that is well below the average rate of 51⁄2 percent seen over the preceding two decades. Policy support is gradually being withdrawn as inflation rises and idle capacity is utilized, but monetary policy should be ready to tighten faster if the rise in core inflation turns out to be more persistent. The region’s rising public debt lev¬els call for continued fiscal consolidation, so interven¬tions to mitigate global food and energy shocks should be well targeted, temporary, and budget neutral. Structural reforms are needed to boost growth and mitigate the scarring that is expected from the pan¬demic, especially making up for lost schooling through investments in education and training, promoting diversification, addressing the debt overhang from the pandemic, and harnessing digitalization. Strong multilateralism—including through international organizations, the Group of Twenty and regional processes—will be needed to mitigate geo-economic fragmentation and deliver much needed progress on climate change commitments.

Author : World Bank
Publisher : World Bank Publications
Page : 118 pages
File Size : 42,6 Mb
Release : 2024-04
Category : Business & Economics
ISBN : 9781464821028

Get Book

World Bank East Asia and Pacific Economic Update, April 2024 by World Bank Pdf

Most economies in developing East Asia and Pacific (EAP) are growing faster than the rest of the world but slower than before the pandemic. Slowing global growth, still tight financial conditions, and an increase in trade protection and industrial support in large and rich countries are key aspects of the external environment shaping the region's economic performance. Amplified public and private debt, constrained macroeconomic policy, and increased policy uncertainty are the major domestic issues. EAP's current macroeconomic challenges risk obscuring the microeconomic foundations of longer-term growth. Over the last decade, EAP's growth has been driven by investment and capital deepening rather than by increased productivity of firms. Now private investment is weak and productivity declining†“further inhibiting the incentive to invest. Firms are the protagonists of productivity growth. Some of the weaker firms in EAP countries are beginning to catch up with stronger firms. But the stronger firms in the region are failing to take full advantage of new technologies: regional leaders risk becoming global laggards. Bold policy action to unleash competition, improve infrastructure and reform education with measured state support could revitalize the region's economy.

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 55,8 Mb
Release : 2012
Category : Asia
ISBN : OCLC:1019707212

Get Book

Regional Economic Outlook by Anonim Pdf

Author : Mr.Ranil M Salgado
Publisher : International Monetary Fund
Page : 145 pages
File Size : 47,8 Mb
Release : 2016-05-03
Category : Business & Economics
ISBN : 9781484339398

Get Book

Regional Economic Outlook, April 2016, Asia and Pacific by Mr.Ranil M Salgado Pdf

Although Asia remains a growth leader in the global economy, growth is expected to ease slightly to 5.5 percent during 2016, with countries affected to varying degrees by a still weak global recovery, slowing global trade, and the short-term impact of China’s growth transition. Structural reforms are needed if Asia is to maintain its position in the global economy, including reforms aimed at enhancing productive capacity. Needed reforms range from state-owned enterprise and financial sector reform in China to labor and product market reforms in Japan and reforms to remove supply bottlenecks in India, ASEAN, frontier economies, and small states.

Author : International Monetary,International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 1 pages
File Size : 48,8 Mb
Release : 2021-10-19
Category : Business & Economics
ISBN : 9781513593784

Get Book

Regional Economic Outlook, October 2021, Asia and Pacific by International Monetary,International Monetary Fund. Asia and Pacific Dept Pdf

Fall 2021 Regional Economic Outlook: Asia and Pacific--Navigating Waves of New Variants: Pandemic Resurgence Slows the Recovery

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 32 pages
File Size : 52,9 Mb
Release : 2018-10-12
Category : Business & Economics
ISBN : 9781484375419

Get Book

Regional Economic Outlook, October 2018, Asia Pacific by International Monetary Fund. Asia and Pacific Dept Pdf

Growth in the first half of 2018 was softer than in 2017, especially in advanced economies. In contrast, growth remained robust in emerging market economies and broadly in line with expectations. After rising to 6.9 percent in 2017, growth in China continued to be strong into the first half of 2018 but has likely slowed since, given the latest high-frequency indicators, including weakening investment growth. In Japan, after exceeding potential for two years, growth dropped into negative territory in the first quarter of 2018 before rebounding sharply in the second quarter. In India, growth continues to recover steadily after the disruptions related to demonetization and the rollout of the goods and services tax in the last fiscal year.1 And in ASEAN-4 economies (Indonesia, Malaysia, the Philippines, Thailand), growth generally lost momentum in the first half of 2018, except in Thailand.

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 28 pages
File Size : 52,8 Mb
Release : 2019-10-23
Category : Business & Economics
ISBN : 9781513513966

Get Book

Regional Economic Outlook, October 2019, Asia Pacific by International Monetary Fund. Asia and Pacific Dept Pdf

Growth in Asia is expected to moderate to 5.0 percent in 2019 and 5.1 percent in 2020 (0.4 and 0.3 percentage point lower than projected last April, respectively). A marked deceleration in merchandise trade and investment, driven by distortionary trade measures and an uncertain policy environment, is weighing on activity, particularly in the manufacturing sector.

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 88 pages
File Size : 55,7 Mb
Release : 2014-04-27
Category : Business & Economics
ISBN : 9781475541571

Get Book

Regional Economic Outlook, April 2014, Asia and Pacific by International Monetary Fund. Asia and Pacific Dept Pdf

The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent economic developments and prospects for the region are discussed as a whole, as well as for specific countries. The reports include key data for countries in the region. Each report focuses on policy developments that have affected economic performance in the region, and discusses key challenges faced by policymakers. The near-term outlook, key risks, and their related policy challenges are analyzed throughout the reports, and current issues are explored, such as when and how to withdraw public interventions in financial systems globally while maintaining a still-fragile economic recovery.These indispensable surveys are the product of comprehensive intradepartmental reviews of economic developments that draw primarily on information the IMF staff gathers through consultation with member countries.

Author : International Monetary Fund. Research Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 203 pages
File Size : 43,6 Mb
Release : 2020-10-13
Category : Business & Economics
ISBN : 1513556053

Get Book

World Economic Outlook, October 2020 by International Monetary Fund. Research Dept. Pdf

The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 208 pages
File Size : 54,6 Mb
Release : 2019-10-15
Category : Business & Economics
ISBN : 9781513516172

Get Book

World Economic Outlook, October 2019 by International Monetary Fund. Research Dept. Pdf

Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.

Author : Mr.Ranil M Salgado
Publisher : International Monetary Fund
Page : 120 pages
File Size : 55,6 Mb
Release : 2017-05-08
Category : Business & Economics
ISBN : 9781475575064

Get Book

Regional Economic Outlook, April 2017, Asia and Pacific by Mr.Ranil M Salgado Pdf

The Asia-Pacific region continues to be the world leader in growth, and recent data point to a pickup in momentum. We expect the region to expand by 5.5 percent in 2017, up from 5.3 percent in 2016. Accommodative policies will underpin domestic demand, offsetting tighter global financial conditions. However, the risks to the outlook, on balance, are slanted to the downside. A possible shift toward protectionism in major trading partners could suppress Asia’s trade, while the continued tightening of global financial conditions and economic uncertainty could trigger capital flow volatility. A bumpier-than-expected transition in China would also have large negative spillovers to the region. Beyond the short term, many parts of Asia face secular headwinds from population aging and slow productivity growth. These challenges call for domestic policies that support growth while boosting resilience and inclusiveness. To sustain long-term growth, structural reforms are needed to deal with challenges from demographic transition and to boost productivity.