Asian Development Outlook 2011 Update
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 340 |
Release | : 2011-09-01 |
ISBN-10 | : 9789290923923 |
ISBN-13 | : 929092392X |
Rating | : 4/5 (23 Downloads) |
Book excerpt: The Asian Development Outlook 2011 Update expects developing Asia to sustain its robust growth over the next 2 years, despite the tepid outlook for the United States, the eurozone, and Japan. The region will be buttressed by healthy domestic demand and buoyant intraregional trade. Managing inflation has to be a key focus for policy makers, to allow for inclusive growth. Such growth includes the elderly, who are all too often left behind as Asia's traditional family networks weaken. As the elderly will form an ever-larger share of the region's population over the next few decades, states will have to ensure their economic security---and meet the wider economic implications for society.