Title: Asian Development Outlook 2017: Transcending the Middle-Income Challenge (Asian Development Outlook (ADO) Series)
Publisher: Asian Development Bank
Publication Date: 2017
Language: English
ISBN 10: 9292577875
ISBN 13: 9789292577872
Binding: Soft cover
Condition: New

About this title

Synopsis

The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia.

Decades of rapid growth transformed developing Asia from a low-income region to middle income. Sustaining growth to power the transition to high income will depend on much greater improvement in productivity. Innovation, human capital, and infrastructure are the three pillars of productivity growth. Supportive institutions and policies, underpinned by macroeconomic stability, can strengthen all three pillars. Asia's dynamic track record suggests that attaining high income status, while challenging, is achievable.

About the Author

The Asian Development Bank (ADB) is a regional development bank established in 1966 to promote economic and social development in Asian and Pacific countries through loans and technical assistance.

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