East Asia Update, April 2005 : East Asia's Dollar Influx - Signal for Change
Economic growth in Emerging East Asia reached a cyclical peak of 7.2 percent in 2004 from which it is expected to slow only moderately to about 6 percent in 2005 and 2006. The tragic tsunami disaster, while it had a horrendous impact in terms of lo...
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| Format: | Serial |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/549911468032970276/East-Asias-dollar-influx-signal-for-change http://hdl.handle.net/10986/33506 |
| Summary: | Economic growth in Emerging East Asia
reached a cyclical peak of 7.2 percent in 2004 from which it
is expected to slow only moderately to about 6 percent in
2005 and 2006. The tragic tsunami disaster, while it had a
horrendous impact in terms of loss of life, is expected to
have only a limited impact on overall economic growth in the
two most seriously affected East Asian economies, Indonesia
and Thailand. Among the developing economies in the region
growth is expected to ease from over 8 percent - the highest
since before the financial crisis - to around 7 percent in
the coming period. |
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