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Asian Development Outlook 2017: Transcending the middle income challenge

CollectionsANU Crawford School of Public Policy
Title: Asian Development Outlook 2017: Transcending the middle income challenge
Author(s): Park, Donghyun
Rajah, Roland
Keywords: Middle-income economies
US monetary policy
Date published: Apr-2017
Publisher: Crawford School of Public Policy. College of Asia and the Pacific. The Australian National University
ADB’s flagship economic publication Asian Development Outlook 2017 (ADO) provides a comprehensive analysis of macroeconomic issues in developing Asia and the Pacific, including growth projections by country and region. Decades of rapid growth transformed developing Asia into a largely middle income region, but the pace of expansion has fallen off since the 2008 global financial crisis. This year’s ADO theme: Transcending the Middle Income Challenge, explores the obstacles middle-income economies face to sustain healthy growth and offers policy advice to overcome them. The ADO presentation by Donghyun Park, Principal Economist from ADB’s Economic Research and Regional Cooperation will address: > Economic prospects for developing Asia and the Pacific > Risks to the outlook from threats of protectionism > Implications of US monetary policy changes > Factors conducive to rapid growth in middle income economies > Policy options for innovation, education, and infrastructure to spur middle income economies’ growth Roland Rajah, Economist from ADB’s Pacific Liaison and Coordination Office in Sydney, Australia will discuss developments and forecasts for the Pacific region. ADO presents analysis of 45 economies, including the People’s Republic of China, India, and Indonesia. The report also examines the prospects for developing Asia by subregion: Central Asia, East Asia, South Asia, Southeast Asia, and the Pacific.


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