Economics
ADB Cuts Developing Asia GDP Outlook as Recovery Paths Split
- Developing Asia’s 2021 GDP forecast cut to 7.1% by ADB
- Region’s recovery is uneven as virus variants spark outbreaks
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Growth paths in developing Asia continue to diverge, as some nations struggle with waves of infections while those that quickly rolled out vaccines and contained outbreaks gain from stronger global demand, according to the Asian Development Bank.