Regional Economic Outlook, April 2016, Asia and Pacific

Regional Economic Outlook, April 2016, Asia and Pacific PDF Author: Mr.Ranil M Salgado
Publisher: International Monetary Fund
ISBN: 1498350925
Category : Business & Economics
Languages : en
Pages : 145

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Book Description
Although Asia remains a growth leader in the global economy, growth is expected to ease slightly to 5.5 percent during 2016, with countries affected to varying degrees by a still weak global recovery, slowing global trade, and the short-term impact of China’s growth transition. Structural reforms are needed if Asia is to maintain its position in the global economy, including reforms aimed at enhancing productive capacity. Needed reforms range from state-owned enterprise and financial sector reform in China to labor and product market reforms in Japan and reforms to remove supply bottlenecks in India, ASEAN, frontier economies, and small states.