World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act
The economic outlook for the developing EAP region remains positive, and will benefit from an improved external environment as well as strong domestic demand. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to decline in 2018 an...
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Washington, DC: World Bank
2017
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| Online Access: | http://hdl.handle.net/10986/28396 |
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okr-10986-283962021-04-23T14:04:48Z World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act World Bank ASEAN CHINA EAST ASIA PACIFIC DEBT DIGITAL FINANCE FISCAL BUFFER GROWTH INRASTRUCTURE UNDERNUTRITION The economic outlook for the developing EAP region remains positive, and will benefit from an improved external environment as well as strong domestic demand. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to decline in 2018 and 2019, although remain higher than most countries in the region. Poverty is projected to continue its long-term decline. Major downside risks include financial sector vulnerabilities, large fiscal imbalances, and the possible escalation of geopolitical tensions. The improved outlook for global growth provides a window of opportunity for developing EAP to continue to reduce key vulnerabilities and strengthen the foundations for sustained and inclusive growth in the medium term. The region could also benefit from further developing tourism sectors and deepening of regional integration, to offset the emerging global protectionism. And policies to ensure inclusive growth should involve ensuring economic mobility and security for all, going beyond the primary focus on reducing poverty. 2017-09-25T19:36:49Z 2017-09-25T19:36:49Z 2017-10-03 Serial 978-1-4648-1209-5 http://hdl.handle.net/10986/28396 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 East Asia and Pacific East Asia Oceania Southeast Asia China |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ASEAN CHINA EAST ASIA PACIFIC DEBT DIGITAL FINANCE FISCAL BUFFER GROWTH INRASTRUCTURE UNDERNUTRITION |
| spellingShingle |
ASEAN CHINA EAST ASIA PACIFIC DEBT DIGITAL FINANCE FISCAL BUFFER GROWTH INRASTRUCTURE UNDERNUTRITION World Bank World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act |
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East Asia and Pacific East Asia Oceania Southeast Asia China |
| description |
The economic outlook for the developing EAP region remains positive, and will benefit from an improved external environment as well as strong domestic demand. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to decline in 2018 and 2019, although remain higher than most countries in the region. Poverty is projected to continue its long-term decline. Major downside risks include financial sector vulnerabilities, large fiscal imbalances, and the possible escalation of geopolitical tensions. The improved outlook for global growth provides a window of opportunity for developing EAP to continue to reduce key vulnerabilities and strengthen the foundations for sustained and inclusive growth in the medium term. The region could also benefit from further developing tourism sectors and deepening of regional integration, to offset the emerging global protectionism. And policies to ensure inclusive growth should involve ensuring economic mobility and security for all, going beyond the primary focus on reducing poverty. |
| format |
Serial |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act |
| title_short |
World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act |
| title_full |
World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act |
| title_fullStr |
World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act |
| title_full_unstemmed |
World Bank East Asia and Pacific Economic Update, October 2017 : Balancing Act |
| title_sort |
world bank east asia and pacific economic update, october 2017 : balancing act |
| publisher |
Washington, DC: World Bank |
| publishDate |
2017 |
| url |
http://hdl.handle.net/10986/28396 |
| _version_ |
1764466807282860032 |