Publication:
World Bank East Asia and Pacific Economic Update - Spring 2022

dc.contributor.author World Bank
dc.date.accessioned 2022-03-08T19:20:13Z
dc.date.available 2022-03-08T19:20:13Z
dc.date.issued 2022-04-04
dc.description.abstract Amidst a fragile recovery, three clouds are gathering over the economic horizon: US inflation could provoke financial tightening, China’s structural slowdown and zero-COVID-19 policy could dampen regional exports, and the conflict between Russia and Ukraine could disrupt food and fuel supplies, spook financial markets, and undermine business confidence. Counterposed against these risks, are three opportunities. First, shifts in the patterns of comparative advantage are creating new niches in both goods and services trade. Second, the diffusion of technologies could boost productivity. Finally, new green technologies could allow countries to cut carbon emissions without unacceptable cuts in consumption or growth. Accordingly, policy action must help countries to both affect the risk and grasp the opportunities. We begin by addressing three proximate questions: What is happening to the economies? Why? And what can we expect? We then discuss the policy options that can help East Asia and Pacific economies weather the shocks and ensure sustainable growth. en
dc.identifier https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099341304142225372/idu0caf1ffb707a500447008cf80ce017c30168c
dc.identifier.isbn 978-1-4648-1858-5
dc.identifier.uri http://hdl.handle.net/10986/37097
dc.publisher Washington, DC: World Bank
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject ECONOMIC OUTLOOK
dc.subject FISCAL POLICY
dc.subject ECONOMIC GROWTH
dc.subject FISCAL SUSTAINABILITY
dc.title World Bank East Asia and Pacific Economic Update - Spring 2022 en
dc.type Serial en
dc.type Sériel fr
dc.type Serial es
dspace.entity.type Publication
okr.doctype Publications & Research
okr.doctype Publications & Research :: Publication
okr.guid 099341304142225372
okr.identifier.doi 10.1596/978-1-4648-1858-5
okr.identifier.report 170468
okr.language.supported en
okr.region.administrative East Asia and Pacific
okr.region.geographical East Asia
okr.region.geographical Oceania
okr.topic Macroeconomics and Economic Growth :: Business Cycles and Stabilization Policies
okr.topic Macroeconomics and Economic Growth :: Economic Growth
okr.topic Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic Poverty Reduction :: Achieving Shared Growth
okr.unit EAPCE
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