Serial

World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act

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collection.link.234
https://openknowledge.worldbank.org/handle/10986/14469
collection.name.234
World Bank East Asia and Pacific Economic Update
dc.contributor.author
World Bank
dc.date.accessioned
2017-09-25T19:36:49Z
dc.date.available
2017-09-25T19:36:49Z
dc.date.issued
2017-10-03
dc.description.abstract
The economic outlook for the developing EAP region remains positive, and will benefit from an improved external environment as well as strong domestic demand. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to decline in 2018 and 2019, although remain higher than most countries in the region. Poverty is projected to continue its long-term decline. Major downside risks include financial sector vulnerabilities, large fiscal imbalances, and the possible escalation of geopolitical tensions. The improved outlook for global growth provides a window of opportunity for developing EAP to continue to reduce key vulnerabilities and strengthen the foundations for sustained and inclusive growth in the medium term. The region could also benefit from further developing tourism sectors and deepening of regional integration, to offset the emerging global protectionism. And policies to ensure inclusive growth should involve ensuring economic mobility and security for all, going beyond the primary focus on reducing poverty.
en
dc.identifier.isbn
978-1-4648-1209-5
dc.identifier.uri
http://hdl.handle.net/10986/28396
dc.language
English
dc.language.iso
en_US
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
ASEAN
dc.subject
CHINA
dc.subject
EAST ASIA
dc.subject
PACIFIC
dc.subject
DEBT
dc.subject
DIGITAL FINANCE
dc.subject
FISCAL BUFFER
dc.subject
GROWTH
dc.subject
INRASTRUCTURE
dc.subject
UNDERNUTRITION
dc.title
World Bank East Asia and Pacific Economic Update, October 2017
en
dc.title.subtitle
Balancing Act
en
dc.type
Serial
en
okr.date.disclosure
2017-10-03
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1209-5
okr.identifier.internaldocumentum
211209
okr.identifier.report
120539
okr.imported
true
okr.language.supported
en
okr.region.administrative
East Asia and Pacific
okr.region.country
China
okr.region.geographical
East Asia
okr.region.geographical
Oceania
okr.region.geographical
Southeast Asia
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
Poverty Reduction :: Achieving Shared Growth
okr.unit
EAPCE

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