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Asian Development Outlook 2012 Highlights

Asian Development Outlook 2012 Highlights

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Developing Asia will largely maintain its growth momentum in the next couple of years despite weak global demand. From a moderate 7.2% in 2011, growth in the region will ease to 6.9% in 2012 before picking up to 7.3% in 2013.
Developing Asia will largely maintain its growth momentum in the next couple of years despite weak global demand. From a moderate 7.2% in 2011, growth in the region will ease to 6.9% in 2012 before picking up to 7.3% in 2013.

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Categories:Types, Research
Published by: Asian Development Bank on May 15, 2013
Copyright:Attribution Non-commercial

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05/15/2013

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ASIAN DEVELOPMENT
Outlook 
2012
HIGHLIGHTS
 
Developing Asia will largely maintain its growth momentum in thenext couple o years despite weak global demand. From a moderate7.2% in 2011, growth in the region will ease to 6.9% in 2012 beorepicking up to 7.3% in 2013.Ination or most regional economies subsided in the second hal o 2011 as international commodity price rises slackened, but threats o oil supply disruptions risk urther price spikes. Volatile oreign capitalows remain a concern as investors shit their risk perceptions inresponse to the changing global environment.The greatest risk to the outlook is uncertainty surrounding theresolution o sovereign debt problems in the eurozone. But in theabsence o any sudden shocks, developing Asia can manage the eectson its fnancial markets and trade ows. There is no clear case orpolicy makers in the region to pursue short-term fscal or monetarystimulus measures.Developing Asia has made great strides in raising living standardsand reducing poverty, but swelling income disparities threaten toundermine that success. Regional policy makers need to ensure thatthe benefts o growth are widely shared.
 ADO 2012—Highlights

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