ADB Trims Developing Asia 2019 GDP Forecast

The video discusses Asia's economic growth, highlighting a slight slowdown due to global trends and trade tensions, particularly between the US and China. It explores the impact of uncertainty on investments and consumer sentiment. Internal factors like exchange rate volatility and natural disasters are also examined. India's growth is attributed to economic reforms and domestic consumption. The video concludes with a discussion on the structural transformation of developing economies, shifting from export-driven to domestic demand-driven models.

What is the projected growth rate for Asia in the current year?

• 5.5%

• 6.0%

• 5.7%

• 6.5%

What is a major factor contributing to the slowdown in the Asia-Pacific region?

• Natural disasters

• Political instability

• Trade tensions between the US and China

• High inflation rates

How does trade policy uncertainty affect business investments?

• It has no effect

• It accelerates investments

• It delays investments

• It increases consumer spending

Which external factor is mentioned as influencing economic conditions alongside the US-China trade relationship?

• Brexit

• Middle East conflicts

• Climate change

• European Union policies

What was the impact of the US interest rate hike in 2018 on Asian currencies?

• Volatility

• No change

• Depreciation

• Appreciation

What economic reform in India is mentioned as contributing to its growth?

• Reduction in corporate taxes

• Introduction of the goods and service tax

• Privatization of public sectors

• Increase in foreign direct investment

What structural change is occurring in developing economies like China?

• Shift from technology to agriculture

• Shift from services to manufacturing

• Shift from export-driven to domestic demand-driven

• Shift from agriculture to manufacturing