Asian Development Outlook 2010: Macroeconomic Management Beyond the Crisis

Publication | April 2010

The annual Asian Development Outlook provides a comprehensive analysis of economic performance for the past year and offers forecasts for the next 2 years for the 45 Asian economies that make up developing Asia. This edition sees developing Asia emerging from the recent crisis and posting a strong recovery in the next 2 years, as a moderate global recovery supports a modest revival in global trade.

The annual Asian Development Outlook provides a comprehensive analysis of economic performance for the past year and offers forecasts for the next 2 years for the 45 Asian economies that make up developing Asia.

This edition sees developing Asia emerging from the recent crisis and posting a strong recovery in the next 2 years, as a moderate global recovery supports a modest revival in global trade. Investment is expected to remain strong and private consumption is anticipated to improve. Inflation will pick up, but at manageable levels.

Beyond the crisis, developing Asia faces the challenge of adjusting its monetary, exchange rate, and fiscal policies to foster macroeconomic stability and sustained growth within the broader direction of a return to prudence and discipline.

Contents 

Foreword, Acknowledgments, Contents, Definitions, Acronyms and Abbreviations
Highlights - ADO 2010
Momentum for a sustained recovery?
 Gauging the strength of industrial countries' recovery
 Developing Asia's prospects in the recovery
 Sources of Asia's growth during and beyond the crisis
 A case for monetary and fiscal activism?
Macroeconomic management beyond the crisis
 Introduction
 Monetary policy
 Exchange rate and capital account liberalization
 Fiscal policy
 Key policy messages
Economic trends and prospects in developing Asia
 Central Asia
  Armenia
  Azerbaijan
  Georgia
  Kazakhstan
  Kyrgyz Republic
  Tajikistan
  Turkmenistan
  Uzbekistan
East Asia
  People's Republic of China
  Hong Kong, China
  Republic of Korea
  Mongolia
  Taipei,China
South Asia
  Afghanistan, Islamic Rep. of
  Bangladesh
  Bhutan
  India
  Maldives
  Nepal
  Pakistan
  Sri Lanka
Southeast Asia
  Brunei Darussalam
  Cambodia
  Indonesia
  Lao People's Democratic Republic
  Malaysia
  Myanmar
  Philippines
  Singapore
  Thailand
  Viet Nam
The Pacific
  Fiji Islands
  Papua New Guinea
  Democratic Republic of Timor-Leste
  Small Pacific Countries
Statistical appendix | XLS
 Statistical notes and tables