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The Asian Development Outlook analyzes economic and development issues in developing countries in Asia. This includes forecasting the inflation and gross domestic product growth rates of countries throughout the region, including the People’s Republic of China and India.
The growth outlook for developing countries in Asia remains steady, with the aggregate gross domestic product expected to grow by 6.1% in 2014, the same as in the previous year but a slight downward revision from the previous 6.2% forecast.
Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies in the region move ahead with structural reforms.
Developing countries in Asia remain on track toward steady growth in 2014 despite slower-than-expected growth in the United States in the first quarter. In 2014, 6.2% growth is forecast and 6.4% in 2015.
Developing countries in Asia will extend their steady economic growth in 2014 as higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the People’s Republic of China.
Developing countries in Asia will extend their steady economic growth in 2014 as higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the People’s Republic of China.
Developing countries in Asia will extend their steady economic growth in 2014 as higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the People’s Republic of China.
An improving growth outlook in Japan and the United States paired with stronger-than-expected performance in the People’s Republic of China support a steady growth outlook for developing countries in Asia.
Softer than expected economic activity in the People’s Republic of China and India and jitters over the United States’ quantitative easing program will weigh on Asia and the Pacific’s growth prospects in the near term.
Softer than expected economic activity in the People’s Republic of China and India and jitters over the United States’ quantitative easing program will weigh on Asia and the Pacific’s growth prospects in the near term.
Continued tepid demand from the major industrial economies coupled with slower growth in the People's Republic of China are weighing on the outlook for developing countries in Asia.