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World Bank East Asia and Pacific Economic Update, October 2016: Reducing Vulnerabilities

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dc.contributor.authorWorld Bank
dc.date.accessioned2016-09-27T19:42:20Z
dc.date.available2016-09-27T19:42:20Z
dc.date.issued2016-10-04
dc.description.abstractGrowth in developing East Asia Pacific (EAP) has remained broadly stable in the past 6 months. It is expected to decline gradually during 2016-18, driven entirely by the ongoing slowdown in China, partly offset by a pick-up in the large ASEAN economies. This outlook is subject to elevated risks, and it is critical to address underlying vulnerabilities. China should continue measures to bring the growth in debt under control. Among other large economies, risk can be reduced through enhanced micro- and macroprudential policies. Across EAP, maintaining fiscal buffers is a priority; in Mongolia, Timor-Leste, and to a lesser degree Vietnam, substantial consolidation is needed. Over the longer term, China should maintain its commitment to rebalancing toward consumption-led growth. Across the rest of EAP, enhanced expenditure on infrastructure must be accompanied by measures to improve its efficiency. Boosting inclusion will require a focus on reducing undernutrition, harnessing technology to transform financial services, and exploiting innovations in social protection to reduce vulnerability to shocks. The East Asia Pacific Economic Update provides biannual analyses of development trends and economic policy issues across the East Asia and Pacific region.en
dc.identifier.doi10.1596/978-1-4648-0991-0
dc.identifier.isbn978-1-4648-0991-0
dc.identifier.urihttps://hdl.handle.net/10986/25088
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectASEAN
dc.subjectGROWTH
dc.subjectDEBT
dc.subjectFISCAL BUFFER
dc.subjectINRASTRUCTURE
dc.subjectUNDERNUTRITION
dc.subjectDIGITAL FINANCE
dc.titleWorld Bank East Asia and Pacific Economic Update, October 2016en
dc.title.subtitleReducing Vulnerabilitiesen
dc.typeSerialen
dc.typeSérielfr
dc.typeSeriales
dspace.entity.typePublication
okr.crossref.titleWorld Bank East Asia and Pacific Economic Update, October 2016: Reducing Vulnerabilities
okr.date.disclosure2016-10-04
okr.date.doiregistration2025-04-07T08:35:07.185015Z
okr.date.doiregistration2025-04-08T16:16:44.834911Z
okr.date.doiregistration2025-04-09T02:48:33.328016Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.guid620301475514085646
okr.identifier.doi10.1596/978-1-4648-0991-0
okr.identifier.doihttps://doi.org/10.1596/978-1-4648-0991-0
okr.identifier.internaldocumentum210991
okr.importedtrue
okr.language.supporteden
okr.region.administrativeEast Asia and Pacific
okr.region.geographicalEast Asia
okr.region.geographicalOceania
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicFinance and Financial Sector Development::Finance and Development
okr.topicInternational Economics and Trade::Export Competitiveness
okr.unitEAPCE
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