Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
2Activity
0 of .
Results for:
No results containing your search query
P. 1
Asian Development Outlook 2003 Update

Asian Development Outlook 2003 Update

Ratings: (0)|Views: 59|Likes:
Despite significant economic shocks and a weaker recovery in the major industrial countries, the Asia and Pacific region remains a bright spot on the world economic map. In 2003, gross domestic product is forecast to grow by 5.3%. This is broadly in line with the Asian Development Outlook 2003 projection made in April this year, and is higher than in other regions in the world. For 2004, growth projections for Asia and the Pacific have been increased from those in the Asian Development Outlook 2003, on the back of both regional factors and a strengthening recovery in the major industrial countries.
Despite significant economic shocks and a weaker recovery in the major industrial countries, the Asia and Pacific region remains a bright spot on the world economic map. In 2003, gross domestic product is forecast to grow by 5.3%. This is broadly in line with the Asian Development Outlook 2003 projection made in April this year, and is higher than in other regions in the world. For 2004, growth projections for Asia and the Pacific have been increased from those in the Asian Development Outlook 2003, on the back of both regional factors and a strengthening recovery in the major industrial countries.

More info:

Published by: Asian Development Bank on Feb 24, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

03/23/2014

pdf

text

original

 
UpdateUpdate
Outlook
2003
 
ii Asian Development 
Outlook 2003 Update
is
Asian Development Outlook 2003 Update
was prepared by the sta of the Asian Development Bank, and the analyses and assessmentscontained herein do not necessarily reect the views of the Board of Directorsor the governments that they represent. e Asian Development Bankdoes not guarantee the accuracy of the data included in this publicationand accepts no responsibility whatsoever for any consequence for their use.e term “country” does not imply any judgment by the Asian Development Bankas to the legal or other status of any territorial entity.ISSN 1655-4809Publication Stock No. 090803Printed in Manila© Asian Development Bank 2003
 
iii 
Foreword
e analyses of macroeconomic trends, policy developments, and short-term forecasts for thedeveloping member countries of the Asian Development Bank (ADB) that were presentedin the
Asian Development Outlook 2003
(
ADO 2003
) published in April 2003 are reviewedin this
Update
. Despite signicant economic shocks linked to the conict in Iraq, higher oilprices, and the outbreak of the severe acute respiratory syndrome (SARS) epidemic, growthin the Asia and Pacic region continued to be robust during the rst three quarters of 2003.is achievement is remarkable as it occurred despite a weaker than expected recovery in themajor industrial countries in the rst half of 2003. Hence, the projection for aggregate grossdomestic product (GDP) growth for 2003 is unchanged compared to that made in
ADO 2003
,and the GDP forecast for 2004 has now been revised upward.is
ADO 2003
 
Update
was prepared by the sta of the Asian Development Bank fromEast and Central Asia Department, Mekong Department, Pacic Department, South AsiaDepartment, Southeast Asia Department, the various resident missions of ADB and the Eco-nomics and Research Department (ERD). e analysis in the
Update
has been coordinatedby ERD with the ADO team led by Jean-Pierre Verbiest, Assistant Chief Economist, Macro-economics and Finance Research Division, comprising Douglas Brooks, Emma Xiaoqin Fan,and Akiko Terada-Hagiwara. e economists who contributed individual country analysisinclude Amanah Abdulkadir (Indonesia), Ramesh Adhikari and Dao Viet Dung (Viet Nam),Giovanni Capannelli and Diwesh Sharan (the Pacic), Yolanda Fernandez-Lommen (Mon-golia), Naved Hamid and Saya Aab (Pakistan), Rajiv Kumar (Central Asia), SukandaLewis (Cambodia), Xuelin Liu (Philippines), Jayant Menon and Rattanatay Luanglatbandith(Lao PDR and ailand), Sudipto Mundle and Hiranya Mukhopadhyay (India), Sungsup Ra(Nepal), Purnima Rajapakse and Zhahid Hossain (Bangladesh), Min Tang and Jian Zhuang(People’s Republic of China), and J. Ernest Zveglich and Shenuka Chanmugam (Sri Lanka).e special chapter on the impact of the SARS epidemic was prepared in cooperation withOxford Economic Forecasting. Charissa N. Castillo coordinated the overall publication of the
Update
.Technical and research support was provided by Maritess Manalo, Ludy Pardo, PilipinasQuising, and Lea Sumulong, assisted by Roshan Ara, Laura Britt-Fermo, Carmela Espina,Ernalyn C. Lising, Heidee Lozari, Marife Principe, Cynthia Reyes, Sinha Roy Saikat, andSouksavanh Vixathep.Richard Niebuhr and Josef Yap added substantive inputs in their capacity as economiceditors. Jonathan Aspin did the copy editing and Elizabeth Leuterio was responsible forbook design; she was assisted in typesetting by Mercedita Cabañeros. Eva Olanda, assistedby Zenaida Acacio, Patricia Baysa, and Susan Torres, provided administrative and secretarialsupport. e cooperation of the Printing Unit under the supervision of Raveendranath Rajancontributed signicantly to the timely publication of the
Update
. e Oce of External Rela-tions planned and conducted its dissemination.Ifzal AliChief EconomistEconomics and Research DepartmentManila30 September 2003

Activity (2)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->