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Jack Austin Centre for Asia Pacific Business Studies

Asian Development Bank’s Updated 2017 Economic Forecast for Asia and the Pacific

Free

The Asian Development Bank’s flagship economic publication Asian Development Outlook (ADO) provides a comprehensive analysis of macroeconomic issues in developing Asia. It is launched annually in April and updated in September. The ADO Update examines the prospects for developing Asia by subregion: Central Asia, East Asia, South Asia, Southeast Asia, and the Pacific. The report also presents full analysis of ten economies, including the People’s Republic of China and India.

The 2017 ADO Update theme chapter, Sustaining Development Through Public-Private Partnerships, explores how Asia can use public-private partnerships (PPPs) to bolster infrastructure investment.

The ADO presentation by ADB Chief Economist Yasuyuki Sawada addressed:

  • Economic prospects for developing Asia and the Pacific
  • Key risks to the region’s outlook
  • Implications of the Federal Reserve’s balance sheet normalization for Asia
  • What is behind the recent uptick in trade and whether it can be sustained
  • Measures governments can take to promote PPPs and ensure their success

Yasuyuki Sawada is the chief spokesperson for ADB on economic and development trends, and leads the Economic Research and Regional Cooperation Department, which publishes ADB’s flagship knowledge products. Dr. Sawada previously served as a Professor in the Faculty of Economics at the University of Tokyo.

He also performed research at a variety of institutions, such as the Japan International Cooperation Agency Research Institute; the World Bank; Economic Research Institute of ASEAN and East Asia; Bangladesh Institute of Development Studies; Pakistan Institute of Development Economics; International Rice Research Institute in the Philippines; International Water Management Institute in Sri Lanka; Research Institute of Economy, Trade, and Industry in Japan; and Japan Society of Promotion of Science, where he led a number of large-scale development policy evaluation projects in Asia and other developing countries. He has published more than 60 peer-reviewed research articles on diversified topics pertaining to Asia and other developing countries ranging from macro development issues, such as long-term economic growth and structural change, sovereign debt sustainability, foreign aid, trade, ageing and social security, and natural and man-made disasters to micro issues of poverty, education, infrastructure, microenterprises, microfinance, health, and disabilities