Developing Asia’s Short-Term Economic Outlook And Some Key Macroeconomic Issues |

Developing Asia’s Short-Term Economic Outlook And Some Key Macroeconomic Issues


Developing Asia (henceforth Asia) continues to navigate a difficult external environment due to the persistent overall softness of the advanced economies and the world economy. While the US economy shows signs of life and Abenomics may help to lift Japan, Europe remains weighed down by the spectre of the unresolved sovereign debt crisis. Yet in order to reduce poverty and achieve more inclusive growth, Asia must sustain rapid growth in the short term and beyond. In this talk, Dr. Donghyun Park of ADB explores developing Asia¹s growth prospects for 2013-2014 and the main risks facing the region. In addition, he will discuss a number of key macroeconomic issues that Asia must address, based on ADB research and analysis. One key issue, which has gained prominence since the global financial crisis and the eurozone sovereign debt crisis, is the management and prevention of financial and economic crisis. Another is the spill-over effects from Abenomics on the rest of Asia. Yet further issues are the decline of Asia¹s current account surplus and the use of macroprudential measures to guard against financial stability. The talk will be followed by a free, open discussion.

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Dr. Donghyun Park, Principal Economist, Asian Development Bank

Tuesday, 06 August 2013
12:15 p.m. - 1:30 p.m.

Seminar Room 3-5,
Manasseh Meyer,
Lee Kuan Yew School of Public Policy,
469C Bukit Timah Road,
Singapore 259772

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