The Asian Development Bank on Wednesday slashed its forecasts for growth in emerging Asia, highlighting a significant slowdown in the region's giants, China and India, and warning of the potential for sudden flows in capital out of the area.
Showing posts with label Asian Development Bank (ADB). Show all posts
Showing posts with label Asian Development Bank (ADB). Show all posts
Friday, October 5, 2012
Wednesday, September 14, 2011
Ageing populations could hurt Asian growth, says ADB
Fast aging populations in Asian countries need to be properly managed, to ensure future growth said the Asian Development Bank (ADB).
In its outlook update report, the ADB said structural reforms were needed in coming years.
The bank also cut its growth forecast for developing Asia to 7.5% in 2011, from its earlier projection of 7.8%.
In its outlook update report, the ADB said structural reforms were needed in coming years.
The bank also cut its growth forecast for developing Asia to 7.5% in 2011, from its earlier projection of 7.8%.
Monday, February 14, 2011
Asia's contribution to global economy increasing: ADB
Underlining that Asia is playing a very important role in global economic restructuring, Asian Development Bank (ADB) managing director general Rajat M. Nag said Monday the continent's contribution to the global economy is increasing.
'Asia's share in global economy was 18 percent in 1980, it became 35 percent in 2009 and in 2050 it will be about 60 percent,' Nag said while speaking at an interactive session on 'South-East Asia Economic Integration', organised by the Indian Chamber of Commerce (ICC) here.
'Asia's share in global economy was 18 percent in 1980, it became 35 percent in 2009 and in 2050 it will be about 60 percent,' Nag said while speaking at an interactive session on 'South-East Asia Economic Integration', organised by the Indian Chamber of Commerce (ICC) here.
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