Regional Economic Outlook Asia And The Pacific October 2022

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 67 pages
File Size : 46,8 Mb
Release : 2022-10-28
Category : Business & Economics
ISBN : 9798400220517

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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 Policy support is gradually being withdrawn as inflation rises and idle capacity is utilized, but monetary policy should be ready to tighten faster if the rise in core inflation turns out to be more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 : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 34 pages
File Size : 46,9 Mb
Release : 2023-05
Category : Business & Economics
ISBN : 9798400238062

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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,International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 1 pages
File Size : 43,8 Mb
Release : 2021-10-19
Category : Business & Economics
ISBN : 9781513593784

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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 : 1 pages
File Size : 55,9 Mb
Release : 2022-12-09
Category : Business & Economics
ISBN : 9798400227080

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

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Regional Economic Outlook by Anonim Pdf

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 32 pages
File Size : 46,7 Mb
Release : 2018-10-12
Category : Business & Economics
ISBN : 9781484375419

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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 : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 44,5 Mb
Release : 2012
Category : Asia
ISBN : OCLC:1019707212

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Regional Economic Outlook by Anonim Pdf

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 28 pages
File Size : 48,5 Mb
Release : 2019-10-23
Category : Business & Economics
ISBN : 9781513513966

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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 : 83 pages
File Size : 46,8 Mb
Release : 2009-04-27
Category : Business & Economics
ISBN : 9781589068568

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Regional Economic Outlook, October 2009, Asia and Pacific by International Monetary Fund. Asia and Pacific Dept Pdf

Asia has rebounded fast from the depth of the global crisis. Initially, the region was hit extremely hard, with output in most countries shrinking by much more than even those nations at the epicenter of the crisis. But starting in February 2009, Asia's economy began to revive. Exports and industrial production have increased again, financial pressures have eased, confidence has largely been restored. What explains this remarkable comeback? What challenges does the recovery pose to Asian policymakers? These are the main questions addressed in the IMF's October 2009 "Regional Economic Outlook: Asia and Pacific." The report discusses the latest developments in Asia, examines the prospects for the period ahead, and considers the policy steps needed to sustain the recovery and rebalance Asia's medium-term growth. Published biannually in May and October.

Author : International Monetary Fund. Research Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 203 pages
File Size : 46,7 Mb
Release : 2020-10-13
Category : Business & Economics
ISBN : 1513556053

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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 : OECD
Publisher : OECD Publishing
Page : 140 pages
File Size : 54,6 Mb
Release : 2021-02-04
Category : Electronic
ISBN : 9789264381070

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Economic Outlook for Southeast Asia, China and India 2021 Reallocating Resources for Digitalisation by OECD Pdf

The 2021 edition of the Outlook addresses reallocation of resources to digitalisation in response to COVID-19, with special focuses on health, education and Industry 4.0. During the COVID-19 crisis, digitalisation has proved critical to ensuring the continuity of essential services.

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 59 pages
File Size : 48,9 Mb
Release : 2022-10-31
Category : Business & Economics
ISBN : 9798400220654

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Regional Economic Outlook: Middle East and Central Asia by International Monetary Fund. Middle East and Central Asia Dept. Pdf

In a worsening global environment, economies in the Middle East and Central Asia are being buffeted by a confluence of shocks: a global slowdown, high and volatile food and energy prices, faster and stronger than expected tightening of financial conditions, and the risk of fragmentation. The region’s emerging market and middle-income economies (EM&MIs) and low-income countries (LICs) are hit hard, with many facing curtailed access to market financing, while oil-exporting countries are being buffered by still-high energy prices. The adverse impact of Russia’s war in Ukraine on the Caucasus and Central Asia (CCA) has thus far been milder than expected. Still, the CCA’s strong ties to Russia entail substantial risks to the region’s outlook. The most urgent policy challenge for all countries is to tackle the cost-of-living crisis by restoring price stability, protecting vulnerable groups through targeted support, and ensuring food security. Policy trade-offs in EM&MIs and LICs have become more pronounced than ever, as they also need to preserve debt sustainability and financial stability. Oil exporters have the opportunity to maximize the benefits of the oil windfall by building buffers and advancing their diversification plans. CCA countries should carefully assess the magnitude and durability of the initial spillovers from the war in Ukraine and adjust their policy mix accordingly. Limited policy space in many countries raises the urgency of structural reforms to bolster economic growth while transforming economies to become more resilient, sustainable, diversified, and inclusive.

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 85 pages
File Size : 47,9 Mb
Release : 2009-04-27
Category : Business & Economics
ISBN : 9781451995206

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Regional Economic Outlook, October 2009 by International Monetary Fund. Asia and Pacific Dept Pdf

Asia has rebounded fast from the depth of the global crisis. Initially, the region was hit extremely hard, with output in most countries shrinking by much more than even those nations at the epicenter of the crisis. But starting in February 2009, Asia's economy began to revive. Exports and industrial production have increased again, financial pressures have eased, confidence has largely been restored. What explains this remarkable comeback? What challenges does the recovery pose to Asian policymakers? These are the main questions addressed in the IMF's October 2009 "Regional Economic Outlook: Asia and Pacific." The report discusses the latest developments in Asia, examines the prospects for the period ahead, and considers the policy steps needed to sustain the recovery and rebalance Asia's medium-term growth. Published biannually in May and October.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 228 pages
File Size : 46,9 Mb
Release : 2015-10-06
Category : Business & Economics
ISBN : 9781513515397

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World Economic Outlook, October 2015 by International Monetary Fund. Research Dept. Pdf

This issue discusses a number of factors affecting global growth, as well as growth prospects across the world’s main countries and regions. It assesses the ongoing recovery from the global financial crisis in advanced and emerging market economies and evaluates risks, both upside and downside, including those associated with commodity prices, currency fluctuations, and financial market volatility. A special feature examines in detail causes and implications of the recent commodity price downturn; analytical chapters look at the effects of commodity windfalls on potential output and of exchange rate movements on trade.

Author : Marijn A. Bolhuis,Hamza Mighri,Henry Rawlings,Ivanova Reyes,Qianqian Zhang
Publisher : International Monetary Fund
Page : 27 pages
File Size : 55,5 Mb
Release : 2024-04-05
Category : Business & Economics
ISBN : 9798400270796

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How Vulnerable is Sub-Saharan Africa to Geoeconomic Fragmentation? by Marijn A. Bolhuis,Hamza Mighri,Henry Rawlings,Ivanova Reyes,Qianqian Zhang Pdf

This paper studies the potential effects of geoeconomic fragmentation (GEF) in the sub-Saharan Africa region (SSA) through quantifying potential long-term economic costs. The paper considers two alternative GEF scenarios in which trade relations are fully or partially curtailed across world economies. Our quantification relies on a multi-country multi-sector general equilibrium model and takes a deep dive into the impact across SSA’s oil-rich, other resource-rich and non-resource-rich countries. The results are based on a detailed dataset including information for 136 tradable primary commodity and 24 manufacturing and services sectors in 145 countries—32 of which are in SSA. We find that under GEF, SSA could experience long-term wellfare losses of approximately 4 percent of GDP, twice the losses of the rest of the world. This strong effect results from the large losses of other resource-rich and non-resource rich countries in SSA, given their high dependence on commodity trade. However, if the world experiences a less severe GEF-induced trade disruption—a strategic decoupling—SSA countries could derive minor gains from the re-shuffling of global market supply, specially in energy products.