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Asian Development Outlook Special Note: Developing Asia's Recovery Gains Momentum

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  • Asian Development Outlook Special Note: Developing Asia's Recovery Gains Momentum
  • Asian Development Bank (ADB)


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Title Asian Development Outlook Special Note: Developing Asia's Recovery Gains Momentum
Similar Titles
Material Type Reports
Publisher

Asian Development Bank (ADB)

Date 2010
Series Title; No Asian Development Outlook
Language English
File Type Link
Subject Economy < General

Abstract

Recently released macroeconomic indicators suggest the 2010 growth outlook for developing Asia is stronger than anticipated in the Asian Development Outlook (ADO) 2010 released in April. Gross domestic product (GDP) in the region is now projected to grow 7.9%, up from the 7.5% originally forecast. Better-than-expected results in the first quarter?driven by buoyant exports, strong private demand, and sustained stimulus policy efects?are behind the revision.