Asian Development Bank: facing developing countries in the region to asset bubbles

Asian Development Bank (ADB) on Tuesday reported that the resumption of economic growth in developing Asia is facing the risk of asset bubbles exacerbate capital inflows.

ADB is expected to announce the 2013 Asian Economic Outlook ", the next two years, the region's GDP growth rate was 6.6% and 6.7%, CPI growth rate of 4% and 4.2%, respectively.

Officials from South Korea to the Philippines a number of countries have taken action or are studying measures to curb capital inflows in the context of developed economies easing. Bank of Japan announced on April 4 and the largest in the history of an asset purchase plan in 2014 to make double the base currency, joining the ranks of the Federal Reserve and the European Central Bank to enhance the economic stimulus.

Developed economies may continue to adjust monetary stance, Asian developing economies need to safeguard the health of the financial sector, to avoid destructive asset bubbles. Strong economic growth has been largely eliminate the excess capacity of many regional economies, so relax monetary policy faced the risk of higher inflation, "ADB in the report.

The size of the balance sheet of the Federal Reserve, the European Central Bank and the Bank of Japan has more than doubled since the outbreak of the global financial crisis in 2007 to expand, for a total increase of $ 4.7 trillion; Japan's measures may exacerbate fluctuations in the currency market.