Economic growth in developing Asia and the Pacific remains steady, but US policy changes under the incoming Trump administration may impact the region.

Economic growth in developing Asia and the Pacific remains steady, but US policy changes under the incoming Trump administration may impact the region.

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.

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.

Supply chain finance (SCF) is limited in Central Asia and the Caucasus, so this brief aims to encourage development of its required market frameworks.

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%.

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 study explores to what extent reducing delays and costs at border crossing points can facilitate bilateral trade flows among Central Asia Regional Economic Cooperation (CAREC) Program countries.