Catalog

Asian Development Outlook 2003 Update

E-mail or fax the Publications Unit at + 632 636 2648 to order the printed version of this publication. Applicable shipping cost will be charged. View Document  Books, Periodicals, Studies, and Reports ISSN: 1655-4809 Pub. Date: 2003 In stock

Despite significant economic shocks and a weaker recovery in the major industrial countries, the Asia and Pacific region remains a bright spot on the world economic map. In 2003, gross domestic product is forecast to grow by 5.3%. This is broadly in line with the Asian Development Outlook 2003 projection made in April this year, and is higher than in other regions in the world.

For 2004, growth projections for Asia and the Pacific have been increased from those in the Asian Development Outlook 2003, on the back of both regional factors and a strengthening recovery in the major industrial countries.

The Asian Development Outlook 2003 Update features:

• an assessment of recent global economic trends and the region’s recent performance and prospects
• macroeconomic assessments, policy developments, and economic outlook for the five subregions in the region—East Asia, Southeast Asia, South Asia, Central Asia, and the Pacific
• an analysis of the impact and cost of SARS in Developing Asia.

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