Regional Economic Outlook, October 2019, Asia Pacific

Author: International Monetary Fund. Asia and Pacific Dept

Prolonged uncertainty, distortionary trade, and growth deceleration in the economies of trading partners are influencing economic growth in Asia & the Pacific.

Volume/Issue: Volume 2019 Issue 003

Publication date: October 2019

ISBN: 9781513513966

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Topics covered in this book

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Exports and Imports , Finance , REO , exchange rate , economy , monetary policy , financial condition , market , foreign exchange , capital flow , service sector , IMF staff calculation , fiscal policy , foreign direct investment , financial crisis , labor market , exchange rate volatility , distortionary trade measure , reaction function , Capital flows , Emerging and frontier financial markets , Exchange rates , Capital flow management , Global , South Asia , Asia and Pacific , Southeast Asia

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Summary

Growth in Asia is expected to moderate to 5.0 percent in 2019 and 5.1 percent in 2020 (0.4 and 0.3 percentage point lower than projected last April, respectively). A marked deceleration in merchandise trade and investment, driven by distortionary trade measures and an uncertain policy environment, is weighing on activity, particularly in the manufacturing sector.