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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Main Author: World Bank Group
Format: Publication
Language:en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://hdl.handle.net/10986/20522
id okr-10986-20522
recordtype oai_dc
spelling 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic development
economic policy
macroeconomic performance
international migration
education
remittances
spellingShingle 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
geographic_facet 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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