Show simple item record

Asian Development Outlook 2014: Fiscal Policy for Inclusive Growth

dc.contributor.authorAsian Development Bank
dc.date.accessioned2016-10-11T20:09:08Z
dc.date.available2016-10-11T20:09:08Z
dc.date.issued2014
dc.identifier.urihttps://wedocs.unep.org/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 resourceen_US
dc.subjectmanagement of natural resourceen_US
dc.subjectnatural resourceen_US
dc.subjectresource conservationen_US
dc.subjectresource managementen_US
dc.subjectenvironmental assessmenten_US
dc.subjectenvironmental conservationen_US
dc.subjectenvironmental changeen_US
dc.subjectbiodiversityen_US
dc.subjectecosystemen_US
dc.subjectecosystem analysisen_US
dc.subjectecosystem degradationen_US
dc.subjectpovertyen_US
dc.subjectfinanceen_US
dc.subjectfinancingen_US
dc.subjectfinancial assistanceen_US
dc.subjectfinancial managementen_US
dc.subjectinvestmenten_US
dc.subjectmonetary relationen_US
dc.subjecteconomic activityen_US
dc.subjecteconomic developmenten_US
dc.subjecteconomic planen_US
dc.subjecteconomic structureen_US
dc.subjecteconomicsen_US
dc.subjecteconomyen_US
dc.subjectenvironmental economy issueen_US
dc.subjectenvironmental developmenten_US
dc.subjectsustainable developmenten_US
dc.subjectsustainable useen_US
dc.titleAsian Development Outlook 2014: Fiscal Policy for Inclusive Growth
dc.typeReports, Books and Booklets
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000035
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000042


Files in this item

Thumbnail
Name:
-Asian Development Outlook 2014: ...
Size:
6.288Mb
Format:
PDF
Description:
English
View/Open

This item appears in the following Collection(s)

Show simple item record