World Bank East Asia and Pacific Economic Update, April 2016 : Growing Challenges

In the past 6 months, developing East Asia and Pacific has faced a challenging external environment, but growth has generally remained resilient. Over the next 3 years, growth is expected to ease modestly. China will continue its gradual shift to a more sustainable growth path. Some economies will b...

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Main Author: World Bank
Format: Serial
Language:English
en_US
Published: Washington, DC 2016
Subjects:
Online Access:http://hdl.handle.net/10986/24015
id okr-10986-24015
recordtype oai_dc
spelling okr-10986-240152021-04-23T14:04:19Z World Bank East Asia and Pacific Economic Update, April 2016 : Growing Challenges World Bank DEVELOPMENT ECONOMIC POLICY GOVERNANCE MACROECONOMICS TPP INTERNET In the past 6 months, developing East Asia and Pacific has faced a challenging external environment, but growth has generally remained resilient. Over the next 3 years, growth is expected to ease modestly. China will continue its gradual shift to a more sustainable growth path. Some economies will be affected by low commodity prices and weaker external demand. This outlook is subject to elevated risks. Countries should prioritize monetary and fiscal policies that reduce their exposure to risks and strengthen market confidence. In China, there is a need to reduce leverage. In several countries, action is required to enhance transparency, strengthen accountability, and redefine the role of the state. Efforts to reduce barriers to trade should be redoubled, with a particular focus on non-tariff measures and regulatory barriers, including to trade in services. The region must increase its readiness to benefit from the digital revolution, and in particular develop the essential “analog complements” to digital technologies. 2016-04-06T15:57:52Z 2016-04-06T15:57:52Z 2016-04-10 Serial 978-1-4648-0906-4 http://hdl.handle.net/10986/24015 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publication Publications & Research East Asia and Pacific Oceania
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic DEVELOPMENT
ECONOMIC POLICY
GOVERNANCE
MACROECONOMICS
TPP
INTERNET
spellingShingle DEVELOPMENT
ECONOMIC POLICY
GOVERNANCE
MACROECONOMICS
TPP
INTERNET
World Bank
World Bank East Asia and Pacific Economic Update, April 2016 : Growing Challenges
geographic_facet East Asia and Pacific
Oceania
description In the past 6 months, developing East Asia and Pacific has faced a challenging external environment, but growth has generally remained resilient. Over the next 3 years, growth is expected to ease modestly. China will continue its gradual shift to a more sustainable growth path. Some economies will be affected by low commodity prices and weaker external demand. This outlook is subject to elevated risks. Countries should prioritize monetary and fiscal policies that reduce their exposure to risks and strengthen market confidence. In China, there is a need to reduce leverage. In several countries, action is required to enhance transparency, strengthen accountability, and redefine the role of the state. Efforts to reduce barriers to trade should be redoubled, with a particular focus on non-tariff measures and regulatory barriers, including to trade in services. The region must increase its readiness to benefit from the digital revolution, and in particular develop the essential “analog complements” to digital technologies.
format Serial
author World Bank
author_facet World Bank
author_sort World Bank
title World Bank East Asia and Pacific Economic Update, April 2016 : Growing Challenges
title_short World Bank East Asia and Pacific Economic Update, April 2016 : Growing Challenges
title_full World Bank East Asia and Pacific Economic Update, April 2016 : Growing Challenges
title_fullStr World Bank East Asia and Pacific Economic Update, April 2016 : Growing Challenges
title_full_unstemmed World Bank East Asia and Pacific Economic Update, April 2016 : Growing Challenges
title_sort world bank east asia and pacific economic update, april 2016 : growing challenges
publisher Washington, DC
publishDate 2016
url http://hdl.handle.net/10986/24015
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