World Bank East Asia and Pacific Economic Update, October 2014 : Enhancing Competitiveness in an Uncertain World
In China, growth will gradually moderate, reflecting intensified policy efforts to address financial vulnerabilities and structural constraints, and place the economy on a more sustainable growth path. In the rest of the region, growth will pick up, as exports firm in line with strengthening global...
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okr-10986-205222021-04-23T14:03:56Z World Bank East Asia and Pacific Economic Update, October 2014 : Enhancing Competitiveness in an Uncertain World World Bank Group development economic policy macroeconomic performance international migration education remittances In China, growth will gradually moderate, reflecting intensified policy efforts to address financial vulnerabilities and structural constraints, and place the economy on a more sustainable growth path. In the rest of the region, growth will pick up, as exports firm in line with strengthening global activity, and the impact of domestic adjustment in large ASEAN countries eases. Significant uncertainties remain about the sustainability of the global recovery, and global financial conditions are likely to tighten. The short-term priority in several countries is to address the vulnerabilities and inefficiencies created by an extended period of loose financial conditions and fiscal stimulus. In China, the authorities need to strike a balance between containing growing risks from rising leverage and meeting the indicative growth targets. Over the longer term, the focus in most countries must be on structural reforms to enhance export competitiveness. The report’s special section focuses on education and skills development; international migration; and the policy priorities for the Pacific Island Countries. 2014-11-12T22:37:40Z 2014-11-12T22:37:40Z 2014-10-09 978-1-4648-0430-4 http://hdl.handle.net/10986/20522 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo Washington, DC Publications & Research :: Publication East Asia and Pacific East Asia Oceania |
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World Bank Open Knowledge Repository |
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en_US |
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development economic policy macroeconomic performance international migration education remittances |
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development economic policy macroeconomic performance international migration education remittances World Bank Group World Bank East Asia and Pacific Economic Update, October 2014 : Enhancing Competitiveness in an Uncertain World |
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East Asia and Pacific East Asia Oceania |
description |
In China, growth will gradually moderate, reflecting intensified policy efforts to address financial vulnerabilities and structural constraints, and place the economy on a more sustainable growth path. In the rest of the region, growth will pick up, as exports firm in line with strengthening global activity, and the impact of domestic adjustment in large ASEAN countries eases.
Significant uncertainties remain about the sustainability of the global recovery, and global financial conditions are likely to tighten. The short-term priority in several countries is to address the vulnerabilities and inefficiencies created by an extended period of loose financial conditions and fiscal stimulus. In China, the authorities need to strike a balance between containing growing risks from rising leverage and meeting the indicative growth targets. Over the longer term, the focus in most countries must be on structural reforms to enhance export competitiveness.
The report’s special section focuses on education and skills development; international migration; and the policy priorities for the Pacific Island Countries. |
format |
Publications & Research :: Publication |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
World Bank East Asia and Pacific Economic Update, October 2014 : Enhancing Competitiveness in an Uncertain World |
title_short |
World Bank East Asia and Pacific Economic Update, October 2014 : Enhancing Competitiveness in an Uncertain World |
title_full |
World Bank East Asia and Pacific Economic Update, October 2014 : Enhancing Competitiveness in an Uncertain World |
title_fullStr |
World Bank East Asia and Pacific Economic Update, October 2014 : Enhancing Competitiveness in an Uncertain World |
title_full_unstemmed |
World Bank East Asia and Pacific Economic Update, October 2014 : Enhancing Competitiveness in an Uncertain World |
title_sort |
world bank east asia and pacific economic update, october 2014 : enhancing competitiveness in an uncertain world |
publisher |
Washington, DC |
publishDate |
2014 |
url |
http://hdl.handle.net/10986/20522 |
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1764445613949190144 |