Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Asian Development Outlook (Ado) 2020: What Drives Innovation in Asia?

Asian Development Outlook (Ado) 2020: What Drives Innovation in Asia?

Asian Development Bank

Paperback

Series: Asian Development Outlook (Ado), Book 2020

Business GeneralEconomicsGeneral Political Science

ISBN10: 9292621556
ISBN13: 9789292621551
Publisher: Asian Development Bank
Published: Jun 30 2020
Pages: 396
Weight: 2.73
Height: 1.08 Width: 8.50 Depth: 11.00
Language: English
Growth in the region is expected to slow sharply to 2.2% in 2020 under the effects of the current health emergency and then rebound to 6.2% in 2021.

Excluding Asia's high-income newly industrialized economies, growth will drop from 5.7% to 2.4% this year before recovering to 6.7% next year. Headline inflation accelerated in 2019 as food prices edged up but remained low by historical standards. Inflation will climb further to 3.2% in 2020, but declining food prices in the latter half of the year will set the stage for easing inflation in 2021. Downside risks to the outlook are severe, most notably from coronavirus disease 2019 (COVID-19). In these difficult times, when challenges to growth abound, innovation is critical to inclusive and environmentally sustainable growth. While some economies in developing Asia are near or at the global innovation frontier, many others lag behind.

This issue of the Asian Development Outlook includes a Special Topic: The Impact of the Coronavirus OutbreakAn Update.

1 different editions

Also available

Also in

Economics

View All