World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty

World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty

Growth in developing East Asia and Pacific (EAP) was resilient during the first half of 2018. Although the external environment has become less favorable in some respects, the outlook for the region remains positive. After peaking in 2017, growth in developing EAP is expected to slow modestly in 201...

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Main Author: World Bank
Format: Serial
Language:English
Published: Washington, DC: World Bank 2018
Subjects:
DEBT
DIGITAL FINANCE
FISCAL BUFFER
GROWTH
INRASTRUCTURE
UNDERNUTRITION
Online Access:http://hdl.handle.net/10986/30447
id okr-10986-30447
recordtype oai_dc
spelling okr-10986-304472021-04-23T14:04:57Z World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty World Bank DEBT DIGITAL FINANCE FISCAL BUFFER GROWTH INRASTRUCTURE UNDERNUTRITION Growth in developing East Asia and Pacific (EAP) was resilient during the first half of 2018. Although the external environment has become less favorable in some respects, the outlook for the region remains positive. After peaking in 2017, growth in developing EAP is expected to slow modestly in 2018, primarily reflecting the continued moderation in China’s economic expansion as its economy continues to rebalance. However, heightened uncertainty has intensified the risks to the region’s outlook. An escalation in trade tensions and heightened financial market turbulence, either due to an acceleration in U.S. monetary policy normalization or contagion from other emerging markets could threaten the region’s growth prospects. To navigate uncertainty, regional economies should reduce short-term vulnerabilities and enhance buffers, redouble their commitment to an open, rules-based international trade and investment framework, including through deeper regional economic integration, and deepen structural reforms. The intensification of risks underscores the need to continue to enhance economic security and promote economic mobility by: expanding and strengthening social assistance and insurance programs; investing in prenatal and early childhood development; and reducing gaps in educational access and quality for disadvantaged groups and in lagging areas. 2018-09-25T21:21:59Z 2018-09-25T21:21:59Z 2018-10-03 Serial 978-1-4648-1366-5 http://hdl.handle.net/10986/30447 English 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DEBT
DIGITAL FINANCE
FISCAL BUFFER
GROWTH
INRASTRUCTURE
UNDERNUTRITION
spellingShingle DEBT
DIGITAL FINANCE
FISCAL BUFFER
GROWTH
INRASTRUCTURE
UNDERNUTRITION
World Bank
World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty
geographic_facet East Asia and Pacific
East Asia
Oceania
description Growth in developing East Asia and Pacific (EAP) was resilient during the first half of 2018. Although the external environment has become less favorable in some respects, the outlook for the region remains positive. After peaking in 2017, growth in developing EAP is expected to slow modestly in 2018, primarily reflecting the continued moderation in China’s economic expansion as its economy continues to rebalance. However, heightened uncertainty has intensified the risks to the region’s outlook. An escalation in trade tensions and heightened financial market turbulence, either due to an acceleration in U.S. monetary policy normalization or contagion from other emerging markets could threaten the region’s growth prospects. To navigate uncertainty, regional economies should reduce short-term vulnerabilities and enhance buffers, redouble their commitment to an open, rules-based international trade and investment framework, including through deeper regional economic integration, and deepen structural reforms. The intensification of risks underscores the need to continue to enhance economic security and promote economic mobility by: expanding and strengthening social assistance and insurance programs; investing in prenatal and early childhood development; and reducing gaps in educational access and quality for disadvantaged groups and in lagging areas.
format Serial
author World Bank
author_facet World Bank
author_sort World Bank
title World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty
title_short World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty
title_full World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty
title_fullStr World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty
title_full_unstemmed World Bank East Asia and Pacific Economic Update, October 2018 : Navigating Uncertainty
title_sort world bank east asia and pacific economic update, october 2018 : navigating uncertainty
publisher Washington, DC: World Bank
publishDate 2018
url http://hdl.handle.net/10986/30447
_version_ 1764472023806902272

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