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Asian Development Outlook 2002

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ISBN: 0-19-593701-5
ISSN: 0117-0481
Pub. Date: 2002
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This 14th edition of the Asian Development Outlook provides a comprehensive analysis of 41 economies in Asia and the Pacific, based on the Asian Development Bank’s in-depth knowledge of the region. For the first time, the Outlook includes a section on Afghanistan. It also provides a broad diagnosis of macroeconomic conditions and growth prospects as they relate to progress in poverty reduction in the economies of the region.

Economic growth in developing Asia and the Pacific slowed markedly in 2001 after a strong performance in 1999 and 2000. This is mainly on account of a sharp erosion of external demand as industrial economies experienced recession or very slow growth. There are, however, several exceptions to the general trend with a number of economies, notably the People’s Republic of China, maintaining relatively high growth. In some economies, domestic demand, responding to expansionary policy, emerged as a more important source of growth. The outlook for 2002 and 2003 is for renewed optimism.

The Outlook includes a special chapter reviewing preferential trade agreements, with particular reference to Asia and the Pacific. As international trade grew rapidly in the 1990s, so did the number of such agreements, especially in the region. The chapter analyzes the impact of such agreements, in the context of the multilateral trade negotiations being carried out under the auspices of the World Trade Organization.

The Asian Development Outlook 2002 features:

  • A review of global economic trends as well as an overview of aggregate trends and medium-term prospects by main subregion in Asia and the Pacific.

  • Macroeconomic profiles and prospects for 41 economies in the region, including growth, saving and investment, employment, inflation, monetary and fiscal developments, and trade and balance of payments, as well as an analysis of policy issues.

  • An analysis of preferential trade agreements as they relate to the Asia and Pacific region.

  • A statistical appendix detailing historical trends and projections for major economic indicators.

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Contents

Foreword [ PDF: 14kb | 1 page ]

Acknowledgments, Contents, Acronyms and Abbreviations, and Definitions [ PDF: 57kb | 10 pages ]

Part I    Developing Asia and the World

Developing Asia and the World
Overview of 2001 Developing Asian Economic Trends
External Conditions in 2001 and 2002
Subregional Trends and Prospects
Medium-Term Outlook and Risks for Developing Asia

Part II    Economic Trends and Prospects in Developing Asia

East Asia [ PDF: 361kb | 18 pages ]

People's Republic of China
Hong Kong, China
Republic of Korea
Mongolia
Taipei,China

Southeast Asia [ PDF: 629kb | 36 pages ]

Cambodia
Indonesia
Lao People's Democratic Republic
Malaysia
Myanmar
Philippines
Singapore
Thailand
Viet Nam

South Asia [ PDF: 589kb | 30 pages ]

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Central Asian Republics [ PDF: 434kb | 18 pages ]

Azerbaijan
Kazakhstan
Kyrgyz Republic
Tajikistan
Turkmenistan
Uzbekistan

The Pacific [ PDF: 735kb | 29 pages ]

Cook Islands
East Timor
Fiji Islands
Kiribati
Marshall Islands
Federated States of Micronesia
Nauru
Papua New Guinea
Samoa
Solomon Islands
Tonga
Tuvalu
Vanuatu

Part III    Preferential Trade Agreements in Asia and the Pacific [ PDF: 930kb | 40 pages ]

Introduction
Trends in Trade and the Expansion of PTAs
Diversity in of PTAs
The Economic and Broader Effcts of PTAS: Theoretical Arguments
Effects of PTAs on Trade in Asia and the Pacific: Some Evidence
Conclusions
References

Statistical Appendix [ PDF: 1,153kb | 29 pages ]


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© Asian Development Bank 2002

First published in 2002
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All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of the Asian Development Bank.

This book was prepared by the staff of the Asian Development Bank, and the analyses and assessments contained herein do not necessarily reflect the views of the Board of Directors or the governments that they represent. The Asian Development Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility whatsoever for any consequence for their use. The term “country” does not imply any judgment by the Asian Development Bank as to the legal or other status of any territorial entity.

Published for the Asian Development Bank by Oxford University Press

British Library Cataloguing in Publication Data available

Library of Congress Cataloging-in-Publication-Data available

ISBN 0-19-593701-5
ISSN 0117-0481


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