Asia-Pacific Regional Outlook

Looking ahead, prospects are relatively bright.
READ MORE...
Volume/Issue: Volume 2005 Issue 075
Publication date:
ISBN:
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , PP , U , S , dollar , economic growth , headline inflation , market share , oil price , Taiwan POC , private sector , central bank , People's Bank of China , labor market , investment funds , fiscal policy , Exports , Oil prices , Current account surpluses , Current account , Current account balance , Asia and Pacific , Global , Europe

Summary

Looking ahead, prospects are relatively bright. Regional growth is expected to amount to 6 percent both this year and next, propelled by vigorous exports and strong domestic demand in China and India. Meanwhile, headline inflation is expected to remain around 3—3½ percent, as lower food prices offset the impact of higher oil prices. At the same time, the region’s current account balance is forecast to remain around 3 percent of GDP, albeit with large changes in its distribution.