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19 July 2021 | dataset

ASIAN DEVELOPMENT OUTLOOK 2018. HOW TECHNOLOGY AFFECTS JOBS

The economic growth outlook for developing Asia remains vibrant. AsianDevelopment Outlook 2018 foresees continued momentum after growth accelerated to 6.1% in 2017. The region is expected to expand by 6.0% in
2018 and 5.9% in 2019. Excluding Asia’s high-income newly industrialized economies, the prospects for growth are even higher, at 6.5% in 2018 and 6.4% in 2019. Traction for economic expansion will come from strong external demand, which is supported by a further pickup in growth this year in the major industrial economies, and robust domestic demand. Growth in the People’sRepublic of China is seen to continue its gradual moderation, to 6.6% this year and 6.4% next, as the authorities take actions to address financial risks, while India recovers from a temporary growth setback in2017, rebounding to 7.3% in 2018 and 7.6% in 2019.

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ASIAN DEVELOPMENT OUTLOOK 2018. HOW TECHNOLOGY AFFECTS JOBS

The economic growth outlook for developing…

Field Value
Publisher Asian Development Bank
Modified 19 July 2021
Release Date 19 July 2021
Identifier 22d00c30-75d8-4dc0-a1c0-8c8ff72b32ad
License Public
[Open Data]