Economic growth in developing Asia and the Pacific remains steady, but US policy changes under the incoming Trump administration may impact the region.
This publication highlights new sector and thematic directions, operational opportunities, and technology and policy innovations for expanding and deepening regional cooperation and integration in Asia and the Pacific.
Asia and the Pacific is continuing its solid economic recovery thanks to healthy domestic demand, stable financial conditions, and a resilient services sector, while inflation in the region is receding.
This study analyzes gender gaps in Asia and the Pacific’s labor market and shows why removing the barriers preventing women accessing decent work, increasing pay, and improving working conditions can drive inclusive development and economic growth.
Exports from developing Asia weakened in the first quarter of 2023 as global demand slowed. However, consumption and investment are forecast to boost aggregate regional growth to 4.8% in 2023, as earlier forecast, with the projection for 2024 revised down only marginally to 4.7%.
This publication highlights brighter economic prospects for Asia and the Pacific amid ongoing challenges. It forecasts growth across the region’s developing economies of 4.8% this year and in 2024, up from 4.2% in 2022.
This working paper identifies the challenges hindering international trade in the northeastern region of India and proposes measures for improving trade with other countries in South and Southeast Asia.
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Economic growth in developing Asia and the Pacific remains steady, but US policy changes under the incoming Trump administration may impact the region.