South Asia Economic Focus, Fall 2014 : The Export Opportunity

Global recovery remains below expectations and uneven across major advanced economies. Monetary tightening in a recovering US economy and potential deflation in a weak Eurozone constitute sources of risk for developing and emerging market economies. Nonetheless, developing country growth remains fai...

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Main Author: World Bank
Format: Publication
Language:en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://hdl.handle.net/10986/20392
id okr-10986-20392
recordtype oai_dc
spelling okr-10986-203922021-04-23T14:03:55Z South Asia Economic Focus, Fall 2014 : The Export Opportunity World Bank economic growth economic policy economic risks external vulnerability financial sector investment macroeconomic developments macroeconomic outlook trade Global recovery remains below expectations and uneven across major advanced economies. Monetary tightening in a recovering US economy and potential deflation in a weak Eurozone constitute sources of risk for developing and emerging market economies. Nonetheless, developing country growth remains fairly robust. Notably, India continues its path towards sustained and faster growth as well as macroeconomic stability thereby paving the way for a solid regional performance in South Asia. While the region’s external position has been further solidified, key domestic challenges include reducing risks on the fiscal side as well as sustaining investment and export growth through structural reform and prudent macroeconomic policy. The overall short and medium term outlook for South Asia points towards continued acceleration with potential downside risks concentrated on the fiscal and structural reform side. Future growth dynamics will increasingly depend on strong investment and export performance. While a challenging task, it may afford South Asia to significantly catch up with the fastest growing region - East Asia and Pacific. This edition’s special focus section takes a macroeconomic look at exports and their potential for becoming a permanent growth pillar in South Asia. 2014-10-08T16:58:31Z 2014-10-08T16:58:31Z 2014-10-08 978-1-4648-0425-0 http://hdl.handle.net/10986/20392 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo Washington, DC Publications & Research :: Publication South Asia South Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic economic growth
economic policy
economic risks
external vulnerability
financial sector
investment
macroeconomic developments
macroeconomic outlook
trade
spellingShingle economic growth
economic policy
economic risks
external vulnerability
financial sector
investment
macroeconomic developments
macroeconomic outlook
trade
World Bank
South Asia Economic Focus, Fall 2014 : The Export Opportunity
geographic_facet South Asia
South Asia
description Global recovery remains below expectations and uneven across major advanced economies. Monetary tightening in a recovering US economy and potential deflation in a weak Eurozone constitute sources of risk for developing and emerging market economies. Nonetheless, developing country growth remains fairly robust. Notably, India continues its path towards sustained and faster growth as well as macroeconomic stability thereby paving the way for a solid regional performance in South Asia. While the region’s external position has been further solidified, key domestic challenges include reducing risks on the fiscal side as well as sustaining investment and export growth through structural reform and prudent macroeconomic policy. The overall short and medium term outlook for South Asia points towards continued acceleration with potential downside risks concentrated on the fiscal and structural reform side. Future growth dynamics will increasingly depend on strong investment and export performance. While a challenging task, it may afford South Asia to significantly catch up with the fastest growing region - East Asia and Pacific. This edition’s special focus section takes a macroeconomic look at exports and their potential for becoming a permanent growth pillar in South Asia.
format Publications & Research :: Publication
author World Bank
author_facet World Bank
author_sort World Bank
title South Asia Economic Focus, Fall 2014 : The Export Opportunity
title_short South Asia Economic Focus, Fall 2014 : The Export Opportunity
title_full South Asia Economic Focus, Fall 2014 : The Export Opportunity
title_fullStr South Asia Economic Focus, Fall 2014 : The Export Opportunity
title_full_unstemmed South Asia Economic Focus, Fall 2014 : The Export Opportunity
title_sort south asia economic focus, fall 2014 : the export opportunity
publisher Washington, DC
publishDate 2014
url http://hdl.handle.net/10986/20392
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