2022 Economic Outlook: The Prospects for Growth in Asia and the Pacific (ADB Insight Full Episode)
Channel: Asian Development Bank
Date: 2022-02-01

The distribution of COVID-19 vaccines throughout 2021 raised optimism of a return to normal, but the emergence of the Omicron variant has quickly forced a reassessment. In the latest episode of ADB Insight, ADB chief economist Albert Park discusses the ways the pandemic will impact economic growth in Asia and the Pacific in 2022 and what other key issues are facing policymakers and their economies.

Chapters
01:02 ADB’s forecast for developing Asia: economic growth will be 5.3% in 2022
02:29 COVID-19 remains the biggest downside risk factor for economies in Asia
04:12 Developing Asia has seen relatively little inflationary pressure
05:19 Supply chain bottlenecks have not been so severe in Asia compared to other parts of the world
06:25 Asia is still an attractive destination for foreign direct investment
08:08 Governments also need to address the pandemic’s impacts on education and labor

#adb #asiandevelopmentbank #adbinsight
=================================
DISCLAIMER
Comments made on this channel do not represent the views of ADB. While ADB welcomes discussion on development issues, viewers are requested to stay on point, be respectful, and refrain from posting anything abusive, defamatory, hateful, libelous, obscene, threatening, or violent against any person or entity. ADB reserves the right to delete any comments that it may deem inappropriate or unacceptable.

ABOUT THE ASIAN DEVELOPMENT BANK
The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. Corporate website https://www.adb.org 

Follow ADB also on social media: 
• Facebook: https://www.facebook.com/AsianDevBank/ 
• Instagram: https://www.instagram.com/adb_hq/ 
• LinkedIn: https://www.linkedin.com/company/asian-development-bank/ 
• Twitter: https://twitter.com/ADB_HQ
=================================