World Bank East Asia and Pacific Economic Update, October 2018: Navigating Uncertainty World Bank 2018-09-25T21:21:59Z 2018-09-25T21:21:59Z 2018-10-03
dc.description.abstract Growth in developing East Asia and Pacific (EAP) was resilient during the first half of 2018. Although the external environment has become less favorable in some respects, the outlook for the region remains positive. After peaking in 2017, growth in developing EAP is expected to slow modestly in 2018, primarily reflecting the continued moderation in China’s economic expansion as its economy continues to rebalance. However, heightened uncertainty has intensified the risks to the region’s outlook. An escalation in trade tensions and heightened financial market turbulence, either due to an acceleration in U.S. monetary policy normalization or contagion from other emerging markets could threaten the region’s growth prospects. To navigate uncertainty, regional economies should reduce short-term vulnerabilities and enhance buffers, redouble their commitment to an open, rules-based international trade and investment framework, including through deeper regional economic integration, and deepen structural reforms. The intensification of risks underscores the need to continue to enhance economic security and promote economic mobility by: expanding and strengthening social assistance and insurance programs; investing in prenatal and early childhood development; and reducing gaps in educational access and quality for disadvantaged groups and in lagging areas. en
dc.identifier.isbn 978-1-4648-1366-5
dc.language English
dc.publisher Washington, DC: World Bank
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.subject DEBT
dc.subject FISCAL BUFFER
dc.subject GROWTH
dc.title World Bank East Asia and Pacific Economic Update, October 2018 en
dc.title.subtitle Navigating Uncertainty en
dc.type Serial en
dc.type Sériel fr
dc.type Serial es
dspace.entity.type Publication
okr.crossref.title World Bank East Asia and Pacific Economic Update, October 2018: Navigating Uncertainty 2018-10-03
okr.doctype Publications & Research
okr.doctype Publications & Research :: Publication
okr.identifier.doi 10.1596/978-1-4648-1366-5
okr.identifier.internaldocumentum 211366 130702
okr.imported true en
okr.language.supported en
okr.region.administrative East Asia and Pacific
okr.region.geographical East Asia
okr.region.geographical Oceania
okr.topic Finance and Financial Sector Development :: Finance and Development
okr.topic International Economics and Trade :: Export Competitiveness
okr.topic Macroeconomics and Economic Growth :: Economic Growth
okr.topic Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
okr.topic Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic Poverty Reduction :: Achieving Shared Growth
okr.unit EAPCE
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