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Asian Development Outlook 2014: Fiscal Policy for Inclusive Growth

dc.contributor.authorAsian Development Bank
dc.coverage.spatialAfghanistan
dc.coverage.spatialArmenia
dc.coverage.spatialAzerbaijan
dc.coverage.spatialBangladesh
dc.coverage.spatialBhutan
dc.coverage.spatialBrunei Darussalam
dc.coverage.spatialCambodia
dc.coverage.spatialCook Islands
dc.coverage.spatialChina
dc.coverage.spatialGeorgia
dc.coverage.spatialIndia
dc.coverage.spatialIndonesia
dc.coverage.spatialFiji
dc.coverage.spatialHong Kong
dc.coverage.spatialKazakhstan
dc.coverage.spatialKiribati
dc.coverage.spatialRepublic of Korea
dc.coverage.spatialKyrgyzstan
dc.coverage.spatialLao People’s Democratic Republic
dc.coverage.spatialNew Zealand
dc.coverage.spatialMalaysia
dc.coverage.spatialMaldives
dc.coverage.spatialMarshall Islands
dc.coverage.spatialMicronesia (Federated States of)
dc.coverage.spatialMongolia
dc.coverage.spatialMyanmar
dc.coverage.spatialNauru
dc.coverage.spatialNepal
dc.coverage.spatialPakistan
dc.coverage.spatialPalau
dc.coverage.spatialPapua New Guinea
dc.coverage.spatialPhilippines
dc.coverage.spatialSamoa
dc.coverage.spatialSingapore
dc.coverage.spatialSolomon Islands
dc.coverage.spatialSri Lanka
dc.coverage.spatialTaipei,China
dc.coverage.spatialTajikistan
dc.coverage.spatialThailand
dc.coverage.spatialTimor-Leste
dc.coverage.spatialTonga
dc.coverage.spatialTurkmenistan
dc.coverage.spatialTuvalu
dc.coverage.spatialUzbekistan
dc.coverage.spatialVanuatu
dc.coverage.spatialViet Nam
dc.coverage.spatialAsia and the Pacific
dc.date.accessioned2016-10-11T20:09:08Z
dc.date.available2016-10-11T20:09:08Z
dc.date.issued2014
dc.identifier.urihttp://hdl.handle.net/20.500.11822/8909
dc.descriptionDeveloping Asia is expected to extend its steady growth. The region's growth is projected to edge up from 6.1% in 2013 to 6.2% in 2014 and 6.4% in 2015. Moderating growth in the People’s Republic of China (PRC) as its economy adjusts to more balanced growth will offset to some extent the stronger demand expected from the industrial countries as their economies recover. Risks to the outlook have eased and are manageable. The monetary policy shift in the United States (US) may invite some volatility ahead in financial markets, albeit mitigated by accommodative monetary policy in Japan and the euro area. The regional growth outlook depends on continued recovery in the major industrial economies and on the PRC managing to contain internal credit growth smoothly. Greater Public Spending Needed to Reduce Inequality Widening income gaps in developing Asia strengthens the case for greater use of fiscal policy to foster equality of opportunity. While the region has benefited from fiscal prudence in the past, demographic and environmental challenges are expected to compete for public resources in the coming years. To boost public spending on equity-enhancing programs such as education and health without undermining fiscal sustainability, the authorities will need to explore a wide range of options for mobilizing revenue and to build equity objectives into their fiscal plans.
dc.languageEnglish
dc.publisherAsian Development Bank (ADB)
dc.rightsPublicen_US
dc.subjectdegradation of natural resources
dc.subjectmanagement of natural resources
dc.subjectnatural resource
dc.subjectresource conservation
dc.subjectresources management
dc.subjectenvironmental assessment
dc.subjectenvironmental conservation
dc.subjectenvironmental change
dc.subjectbiodiversity;ecosystem
dc.subjectecosystem analysis
dc.subjectecosystem degradation
dc.subjectpoverty
dc.subjectfinances
dc.subjectfinancing
dc.subjectfinancial assistance
dc.subjectfinancial management;investment
dc.subjectmonetary relations
dc.subjecteconomic activity
dc.subjecteconomic development
dc.subjecteconomic plan
dc.subjecteconomic structure
dc.subjecteconomics
dc.subjecteconomy
dc.subjectenvironmental economy issue
dc.subjectenvironmental development
dc.subjectsustainable development
dc.subjectsustainable use;
dc.subject.classificationEnvironmental Governance
dc.subject.classificationResource Efficency
dc.subject.classificationEnvironment Under Review
dc.titleAsian Development Outlook 2014: Fiscal Policy for Inclusive Growth
dc.typeAnnual Reports
wd.identifier.old-id11068
wd.identifier.uneplive1
wd.identifier.sdgSDG 1 - No Poverty
wd.identifier.sdgSDG 8 - Good Jobs and Economic Growth
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000035
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000042


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