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

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dc.contributor.authorWorld Bank
dc.date.accessioned2022-03-08T19:20:13Z
dc.date.available2022-03-08T19:20:13Z
dc.date.issued2022-04-04
dc.description.abstractAmidst 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.identifierhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/099341304142225372/idu0caf1ffb707a500447008cf80ce017c30168c
dc.identifier.doi10.1596/978-1-4648-1858-5
dc.identifier.isbn978-1-4648-1858-5
dc.identifier.urihttps://hdl.handle.net/10986/37097
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.subjectECONOMIC OUTLOOK
dc.subjectFISCAL POLICY
dc.subjectECONOMIC GROWTH
dc.subjectFISCAL SUSTAINABILITY
dc.titleWorld Bank East Asia and Pacific Economic Update - Spring 2022en
dc.typeSerialen
dc.typeSérielfr
dc.typeSeriales
dspace.entity.typePublication
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.guid099407504142218638
okr.guid099341304142225372
okr.guid099354404142225116
okr.guid099359004142291860
okr.guid099401504142293807
okr.guid099405304142215867
okr.identifier.doi10.1596/978-1-4648-1858-5
okr.identifier.report170468
okr.language.supporteden
okr.region.administrativeEast Asia and Pacific
okr.region.geographicalEast Asia
okr.region.geographicalOceania
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicPoverty Reduction::Achieving Shared Growth
okr.unitEAPCE
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