World Bank East Asia and Pacific Economic Update - Spring 2022

Amidst 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, spoo...

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Main Author:	World Bank
Format:	Serial
Published:	Washington, DC: World Bank 2022
Subjects:	ECONOMIC OUTLOOK FISCAL POLICY ECONOMIC GROWTH FISCAL SUSTAINABILITY
Online Access:	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099341304142225372/idu0caf1ffb707a500447008cf80ce017c30168c http://hdl.handle.net/10986/37097

id	okr-10986-37097
recordtype	oai_dc
spelling	okr-10986-370972022-07-08T15:46:56Z World Bank East Asia and Pacific Economic Update - Spring 2022 World Bank ECONOMIC OUTLOOK FISCAL POLICY ECONOMIC GROWTH FISCAL SUSTAINABILITY Amidst 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. 2022-03-08T19:20:13Z 2022-03-08T19:20:13Z 2022-04-04 Serial https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099341304142225372/idu0caf1ffb707a500447008cf80ce017c30168c 978-1-4648-1858-5 http://hdl.handle.net/10986/37097 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication East Asia and Pacific East Asia Oceania
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	ECONOMIC OUTLOOK FISCAL POLICY ECONOMIC GROWTH FISCAL SUSTAINABILITY
spellingShingle	ECONOMIC OUTLOOK FISCAL POLICY ECONOMIC GROWTH FISCAL SUSTAINABILITY World Bank World Bank East Asia and Pacific Economic Update - Spring 2022
geographic_facet	East Asia and Pacific East Asia Oceania
description	Amidst 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.
format	Serial
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	World Bank East Asia and Pacific Economic Update - Spring 2022
title_short	World Bank East Asia and Pacific Economic Update - Spring 2022
title_full	World Bank East Asia and Pacific Economic Update - Spring 2022
title_fullStr	World Bank East Asia and Pacific Economic Update - Spring 2022
title_full_unstemmed	World Bank East Asia and Pacific Economic Update - Spring 2022
title_sort	world bank east asia and pacific economic update - spring 2022
publisher	Washington, DC: World Bank
publishDate	2022
url	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099341304142225372/idu0caf1ffb707a500447008cf80ce017c30168c http://hdl.handle.net/10986/37097
_version_	1764486556786098176

World Bank East Asia and Pacific Economic Update - Spring 2022

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