Asian Development Outlook 2003 Update
Description
The analyses of macroeconomic trends, policy developments, and short-term forecasts for the developing member countries of the Asian Development Bank presented in the Asian Development Outlook 2003 (ADO 2003) published in April 2003 are reviewed in this Update. Despite significant economic shocks linked to the conflict in Iraq, higher oil prices, and the outbreak of the severe acute respiratory syndrome (SARS) epidemic, growth in the Asia and Pacific region continued to be robust during the first three quarters of 2003. This achievement is remarkable as it occurred despite a weaker than expected recovery in the major industrial countries in the first half of 2003. Hence, the projection for aggregate gross domestic product (GDP) growth for 2003 is unchanged compared to that made in ADO 2003, and the GDP forecast for 2004 has now been revised upward.
Collections
Document Viewer
To read more, scroll down below.
Related items
Showing items related by title, author, creator and subject.
-
Asian Development Outlook 2002 Update
(Asian Development Bank (ADB), 2002)The 2002-2003 economic outlook for developing Asia and the Pacific has not changed significantly since the Asian Development Outlook 2002 was published in April 2002. However, East Asia, Southeast Asia, and Central Asia ... -
Asian Development Outlook 2001 Update
(Asian Development Bank (ADB), 2001)The Asian Development Outlook 2001 Update examines the economic effects of the terror attacks on the United States and its aftermath on developing Asia and the Pacific economies. The 2001 Update: appraises the global ... -
Asian Development Outlook 2008 Update
(Asian Development Bank (ADB), 2008)The annual Asian Development Outlook aims to present an analysis of the recent past and forecasts for the next couple of years for the developing economies of Asia. In this Update to April's publication, regional economic ...
