Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia
The economies of Europe and Central Asia (ECA) are facing complex challenges. In the eastern part of the region the task of governments is to orchestrate a coordinated crisis response. The collapse of oil revenues and the associated decline in remittances triggered a chain reaction of shocks. Adjus...
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Washington, DC: World Bank
2016
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| Online Access: | http://hdl.handle.net/10986/24013 |
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okr-10986-240132021-04-23T14:04:19Z Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia World Bank TRADE CHINA REBALANCING EUROPEAN UNION CENTRAL ASIA OIL PRICES DEPRECIATION REFUGEES MONITORY POLICY FDI POVERTY The economies of Europe and Central Asia (ECA) are facing complex challenges. In the eastern part of the region the task of governments is to orchestrate a coordinated crisis response. The collapse of oil revenues and the associated decline in remittances triggered a chain reaction of shocks. Adjustment to these shocks requires a new monetary policy regime, resolution of serious fragilities in banking sectors, fiscal reforms that put government finances on a sustainable path, while guaranteeing fair burden sharing, and facilitation of job creation in sectors that compete internationally. In the western part of the region policy coordination within the European Union is being tested by the refugee crisis and a possible Brexit. Meanwhile the Chinese economy has slowed down and is in the process of fundamental transformation. Also these developments have major impacts on the ECA region. The report analyses all these challenges and points at the opportunities to become more competitive in global markets. 2016-04-05T21:57:42Z 2016-04-05T21:57:42Z 2016-04-07 Serial 978-1-4648-0912-5 http://hdl.handle.net/10986/24013 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Europe and Central Asia Eastern Europe Europe Europe and Central Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
TRADE CHINA REBALANCING EUROPEAN UNION CENTRAL ASIA OIL PRICES DEPRECIATION REFUGEES MONITORY POLICY FDI POVERTY |
| spellingShingle |
TRADE CHINA REBALANCING EUROPEAN UNION CENTRAL ASIA OIL PRICES DEPRECIATION REFUGEES MONITORY POLICY FDI POVERTY World Bank Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia |
| geographic_facet |
Europe and Central Asia Eastern Europe Europe Europe and Central Asia |
| description |
The economies of Europe and Central Asia (ECA) are facing complex challenges. In the eastern part of the region the task of governments is to orchestrate a coordinated crisis response. The collapse of oil revenues and the associated decline in remittances triggered a chain reaction of shocks. Adjustment to these shocks requires a new monetary policy regime, resolution of serious fragilities in banking sectors, fiscal reforms that put government finances on a sustainable path, while guaranteeing fair burden sharing, and facilitation of job creation in sectors that compete internationally. In the western part of the region policy coordination within the European Union is being tested by the refugee crisis and a possible Brexit. Meanwhile the Chinese economy has slowed down and is in the process of fundamental transformation. Also these developments have major impacts on the ECA region. The report analyses all these challenges and points at the opportunities to become more competitive in global markets. |
| format |
Serial |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia |
| title_short |
Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia |
| title_full |
Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia |
| title_fullStr |
Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia |
| title_full_unstemmed |
Europe and Central Asia Economic Update, April 2016 : The Impact of China on Europe and Central Asia |
| title_sort |
europe and central asia economic update, april 2016 : the impact of china on europe and central asia |
| publisher |
Washington, DC: World Bank |
| publishDate |
2016 |
| url |
http://hdl.handle.net/10986/24013 |
| _version_ |
1764455668268400640 |