April 13, 2010

ADO to include Pacific economic analysis


The Asia Development Outlook (ADO) 2010 to be launched in Sydney later today will include a comprehensive economic analysis of more than 40 economies in developing Asia and the Pacific.

It will also include an analysis of the People’s Republic of China and India.

ADB External Relations Officer Sally Shute-Trembath said among other things, the ADO will explore how authorities in developing Asia can manage their macroeconomic policies for sustained growth in the aftermath of the global financial crisis.

The ADO she said, examines the medium-term prospects for developing Asia, by country and by sub region – East Asia, Southeast Asia, South Asia, Central and West Asia, and the Pacific. 

“It will touch on issues such as monetary policy frameworks, exchange rate regimes, fiscal sustainability, and the use of macroeconomic policy tools to help rebalance the region's growth,” Trembath said.

This year’s theme is "Macroeconomic Management Beyond The Crisis”.

ADB's Principal Economist Donghyun Park and Senior Pacific Country Economist Craig Sugden are two of the major contributors to the 2010 ADO.

The ADB's offices in Fiji and Papua New Guinea will participate in the event via video-conferencing.

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