Asian Development Outlook 2016 Update: Meeting the Low-Carbon Growth Challenge

Growth has held up in developing Asia despite a difficult external environment. The region is expected to grow steadily at 5.7% in 2016 and 2017, the forecasts in this Update unchanged from Asian Development Outlook 2016.

While global commodity prices have begun to rebound, inflation remains largely subdued. Consumer prices will likely rise by 2.6% in 2016 and 2.9% in 2017.

Continued slow recovery in the United States, the euro area, and Japan presents a clear downside risk to the outlook. Un...