{
  "title": "Asia and Pacific Regional Economic Outlook Update, October 2015: Asia: Bolstering Resilience amid the Slowdown",
  "publication": "Asia and Pacific, October 9, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/reo/apac/issues/2017/01/07/regional-economic-outlook-update-asia-and-pacific1",
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  "summary": "Asia’s growth has recently disappointed, but the region is expected to grow at a steady 5.4 percent in 2015–16, remaining the global growth leader.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Asia’s growth has recently disappointed, but the region is expected to grow at a steady 5.4 percent in 2015–16, remaining the global growth leader.\n- Growth drivers cited:\n  - Relatively strong labor markets and disposable income growth.\n  - Ongoing gradual recovery in major advanced economies.\n  - Lower commodity prices supporting consumption across most major Asian economies.\n- Despite resilience, the region faces a challenging economic environment."
    },
    {
      "heading": "Downside Risks and Amplifiers",
      "content": "- Negative risks to growth dominate, including:\n  - The possibility of a sharper slowdown in China.\n  - Larger spillovers from the changing composition of China’s demand.\n  - Further U.S. dollar strength accompanied by a sudden tightening of global financial conditions.\n  - Weaker growth in Japan.\n  - Weaker regional potential growth.\n- Other amplifying factors:\n  - High leverage could amplify shocks.\n  - Lower commodity prices will also hurt corporate investment in key commodity-producing sectors."
    },
    {
      "heading": "Policy Implications and Recommendations",
      "content": "- Carefully calibrated macroeconomic policies are called for to bolster resilience amid the slowdown.\n- A renewed impetus on structural reforms is recommended to:\n  - Facilitate investment.\n  - Improve economic efficiency.\n  - Bolster economic resilience and potential growth."
    },
    {
      "heading": "Key Statistics and Exact Phrasing Preserved",
      "content": "- Expected regional growth: \"a steady 5.4 percent in 2015–16\"\n- Exact policy prescription language retained: \"carefully calibrated macroeconomic policies and a renewed impetus on structural reforms to facilitate investment and improve economic efficiency, bolstering economic resilience and potential growth.\"\n\nAsia and Pacific Regional Economic Outlook Update, October 2015\n\n---\n\n Content in this bundle\n\n- Asia Bisa Mengambil Langkah-langkah untuk Meningkatkan Ketahanan Ditengah-tengah Penurunan Ekonomi\n  - Asia Bisa Mengambil Langkah-langkah untuk Meningkatkan Ketahanan Ditengah-tengah Penurunan Ekonomi (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Asia Bisa Mengambil Langkah-langkah untuk Meningkatkan Ketahanan Ditengah-tengah Penurunan Ekonomi (PDF){rel=\"external\" type=\"application/pdf\"}\n- areo1015pdf\n  - areo1015pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - areo1015pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.\n- Modify your profile\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/reo/apac/issues/2017/01/07/regional-economic-outlook-update-asia-and-pacific1"
    }
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    "Published: October 9, 2015",
    "Series: Asia and Pacific",
    "Asia’s growth has recently disappointed, but the region is expected to grow at a steady 5.4 percent in 2015–16, remaining the global growth leader.",
    "Growth drivers cited:",
    "Despite resilience, the region faces a challenging economic environment.",
    "Negative risks to growth dominate, including:",
    "Other amplifying factors:",
    "Carefully calibrated macroeconomic policies are called for to bolster resilience amid the slowdown.",
    "A renewed impetus on structural reforms is recommended to:",
    "Expected regional growth: \"a steady 5.4 percent in 2015–16\"",
    "Exact policy prescription language retained: \"carefully calibrated macroeconomic policies and a renewed impetus on structural reforms to facilitate investment and improve economic efficiency, bolstering economic resilience and potential growth.\"",
    "**Asia Bisa Mengambil Langkah-langkah untuk Meningkatkan Ketahanan Ditengah-tengah Penurunan Ekonomi**",
    "**_areo1015pdf**",
    "[Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.](https://www.imf.org/en/email-subscription/index)",
    "[Modify your profile](https://www.imf.org/en/email-subscription/login)"
  ],
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