Transcribed
Output gap ( Georgia, India, Hong Kong, Republic of Korea, PRC, Tapei.)
1.4.1 Output gap Georgia Republic of Korea India PRC Hong Kong, China Taipei,China Percentage points - -8- - 2005 2007 2009 2011 2013 Indonesia Singapore Malaysia Philippines Thailand Viet Nam Percentage points 8_ -4 -8- 2005 2007 2009 2011 2013 GEO = Georgla, HKG = Hong Kong, China, IND = India, INO = Indonesla, KOR = Republic of Korea, MAL = Malaysla, PHI = Philippines, PRC = People's Republic of China, SIN = Singapore, TAP = Talpel,China, THA = Thalland, VIE = Viet Nam. Source: ADB estimates based on data from CEIC Data Company (accessed 15 March 2013).
Output gap ( Georgia, India, Hong Kong, Republic of Korea, PRC, Tapei.)
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Monetary policy alert to price pressures
The continuing economic recovery across developing Asia lifted production nearly back to its long-term trend. By 2012, actual GDP was very close to its potent...
ial in a broad range of economies—a situation that is expected to prevail through the forecast horizon (Figure 1.4.1). This is an important change from recent years, when slack capacity meant there was little risk of inflation accelerating.
--- GEO = Georgia, HKG = Hong Kong, China, IND = India, INO = Indonesia, KOR =
Republic of Korea, MAL = Malaysia, PHI = Philippines, PRC = People’s Republic
of China, SIN = Singapore, TAP = Taipei,China, THA = Thailand, VIE = Viet Nam.
--- Source: ADB estimates based on data from CEIC Data Company (accessed 15
March 2013).
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