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Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia

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collection.link.136
https://openknowledge.worldbank.org/handle/10986/6001
collection.link.286
https://openknowledge.worldbank.org/handle/10986/22789
collection.name.136
Russian PDFs Available
collection.name.286
Europe and Central Asia Economic Update
dc.contributor.author
World Bank
en_US
dc.date.accessioned
2016-04-05T21:57:42Z
en_US
dc.date.available
2016-04-05T21:57:42Z
en_US
dc.date.issued
2016-04-07
en_US
dc.description.abstract
The economies of Europe and Central Asia (ECA) are facing complex challenges. In the eastern part of the region the task of governments is to orchestrate a coordinated crisis response. The collapse of oil revenues and the associated decline in remittances triggered a chain reaction of shocks. Adjustment to these shocks requires a new monetary policy regime, resolution of serious fragilities in banking sectors, fiscal reforms that put government finances on a sustainable path, while guaranteeing fair burden sharing, and facilitation of job creation in sectors that compete internationally. In the western part of the region policy coordination within the European Union is being tested by the refugee crisis and a possible Brexit. Meanwhile the Chinese economy has slowed down and is in the process of fundamental transformation. Also these developments have major impacts on the ECA region. The report analyses all these challenges and points at the opportunities to become more competitive in global markets.
en_US
dc.identifier.isbn
978-1-4648-0912-5
en_US
dc.identifier.uri
http://hdl.handle.net/10986/24013
en_US
dc.language
English
en_US
dc.language.iso
en_US
en_US
dc.publisher
Washington, DC: World Bank
en_US
dc.rights
CC BY 3.0 IGO
en_US
dc.rights.holder
World Bank
en_US
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
en_US
dc.subject
TRADE
en_US
dc.subject
CHINA REBALANCING
en_US
dc.subject
EUROPEAN UNION
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dc.subject
CENTRAL ASIA
en_US
dc.subject
OIL PRICES
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dc.subject
DEPRECIATION
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dc.subject
REFUGEES
en_US
dc.subject
MONITORY POLICY
en_US
dc.subject
FDI
en_US
dc.subject
POVERTY
en_US
dc.title
Europe and Central Asia Economic Update, April 2016
en_US
dc.title.subtitle
The Impact of China on Europe and Central Asia
en_US
dc.type
Serial
en_US
okr.date.disclosure
2016-04-07
en_US
okr.doctype
Publications & Research
en_US
okr.doctype
Publications & Research :: Publication
en_US
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0912-5
en_US
okr.identifier.internaldocumentum
210912
en_US
okr.imported
true
en_US
okr.region.administrative
Europe and Central Asia
en_US
okr.region.geographical
Eastern Europe
en_US
okr.region.geographical
Europe
en_US
okr.region.geographical
Europe and Central Asia
en_US
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
en_US
okr.topic
Macroeconomics and Economic Growth :: Economic Forecasting
en_US
okr.topic
International Economics and Trade :: Trade Policy
en_US
okr.topic
Poverty Reduction :: Achieving Shared Growth
en_US
okr.unit
ECACE
en_US

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