<p>This 2014 edition of the annual Asian Development Outlook provides a comprehensive analysis of economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. It recognizes that, as emerging demographic and environmental challenges are expected to compete for public resources in the years ahead, regional governments will need to explore options for mobilizing more revenue as they build equity objectives into their fiscal plans.</p>