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Asian Development Outlook 2010 - Macroeconomic Management Beyond the Crisis

As developing Asia rebounds from the global economic crisis ahead of the rest of the world, the Asian Development Outlook 2010 (ADO 2010) predicts growth exceeding 7% in the region this year and next. Although that is still lower than the precrisis outcome of 9.6% in 2007, such a healthy rebound, from a low of 5.2% in 2009, would be welcome. | ADB ASIAN DEVELOPMENT Outlook 2010 Macroeconomic Management Beyond the Crisis Asian Development Bank 2010 Asian Development Bank All rights reserved. Published 2010. Printed in the Philippines. ISSN 0117-0481 Publication Stock No. FLS101545 Cataloging-in-Publication Data Asian Development Bank. Asian development outlook 2010. Mandaluyong City Philippines Asian Development Bank 2010. 1. Economics. 2. Finance. 3. Asia. I. Asian Development Bank. The annual Asian Development Outlook provides a comprehensive economic analysis of 45 economies in developing Asia and the Pacific. The views expressed in this book are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank ADB or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area or by using the term country in this document ADB does not intend to make any judgments as to the legal or other status of any territory or area. ADB encourages printing or copying information exclusively for personal and noncommercial use with proper acknowledgment of ADB. Users are restricted from reselling redistributing or creating derivative works for commercial purposes without the express written consent of ADB. 6 ADB Avenue Mandaluyong City 1550 Metro Manila Philippines Tel 63 2 632 4444 Fax 63 2 636 2444 www.adb.org For orders please contact Department of External Relations Fax 63 2 636 2648 adbpub@adb.org Foreword As developing Asia rebounds from the global economic crisis ahead of the rest of the world the Asian Development Outlook 2010 ADO 2010 predicts growth exceeding 7 in the region this year and next. Although that is still lower than the precrisis outcome of 9.6 in 2007 such a healthy rebound from a low of 5.2 in 2009 would be welcome. The global .