Asian Development Outlook (ADO) September 2024 - Softcover

Asian Development Bank

Softcover

ISBN 10: 9292709062 ISBN 13: 9789292709068

Publisher: Asian Development Bank, 2024

Synopsis

This edition shows that growth in Asia and the Pacific remains robust amid strong domestic demand and continued recovery in exports.

Technology exporters are particularly benefiting from higher global semiconductor sales driven by the artificial intelligence boom. Inflation in the region is expected to ease further, supported by the lagged effects of previous monetary policy tightening and declining global food and energy prices. However, risks loom, including potential increases in protectionism depending on the outcome of the United States presidential election, escalating geopolitical tensions, further weakness in the property market in the People's Republic of China, and adverse weather and climatic conditions.

Edition details

• Publisher: Asian Development Bank
• Publication date: 2024
• Language: English
• ISBN 10: 9292709062
• ISBN 13: 9789292709068
• Binding: Paperback
• Number of pages: 210