East Asia Update, November 2004 : Steering a Steady Course

This report discusses the number of cross-currents and risks within and without the East Asia region. One of the concerns discussed is the steep spike in world oil prices, which will reduce incomes among the majority of economies in the region tha...

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Main Author: World Bank
Format: Serial
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/642671468032402335/Steering-a-steady-course
http://hdl.handle.net/10986/33505
id okr-10986-33505
recordtype oai_dc
spelling okr-10986-335052021-04-23T14:05:20Z East Asia Update, November 2004 : Steering a Steady Course World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK INVESTMENT CLIMATE POVERTY REDUCTION BUSINESS CYCLE COMMODITY PRICES TRADE POLICY CAPITAL MARKETS FISCAL TRENDS CORPORATE RESTRUCTURING FINANCIAL SECTOR REFORM This report discusses the number of cross-currents and risks within and without the East Asia region. One of the concerns discussed is the steep spike in world oil prices, which will reduce incomes among the majority of economies in the region that are net energy importers, as well as among the developed nations which comprise Emerging East Asias major extra-regional export markets - the United States, Japan and Europe. The report also reviews the affects of oil prices, as well as a variety of domestic factors and the fact that growth in the developed world shifted to a lower pace in the second quarter of 2004, most notably in Japan and to a lesser extent in the U.S., while monthly indicators suggested softening activity in Europe in the third quarter. Also discussed is the growth pause in the developed world and the likelihood of another cyclical downturn in the global high tech industry, a concern for East Asia which is now the leading location for manufacturing and assembly in this industry. The study notes that East Asian decision makers are also giving much attention to the outlook for China. 2020-03-31T20:49:00Z 2020-03-31T20:49:00Z 2004-11 Serial http://documents.worldbank.org/curated/en/642671468032402335/Steering-a-steady-course http://hdl.handle.net/10986/33505 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper 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 ECONOMIC GROWTH
ECONOMIC OUTLOOK
INVESTMENT CLIMATE
POVERTY REDUCTION
BUSINESS CYCLE
COMMODITY PRICES
TRADE POLICY
CAPITAL MARKETS
FISCAL TRENDS
CORPORATE RESTRUCTURING
FINANCIAL SECTOR REFORM
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
INVESTMENT CLIMATE
POVERTY REDUCTION
BUSINESS CYCLE
COMMODITY PRICES
TRADE POLICY
CAPITAL MARKETS
FISCAL TRENDS
CORPORATE RESTRUCTURING
FINANCIAL SECTOR REFORM
World Bank
East Asia Update, November 2004 : Steering a Steady Course
geographic_facet East Asia and Pacific
East Asia
Oceania
description This report discusses the number of cross-currents and risks within and without the East Asia region. One of the concerns discussed is the steep spike in world oil prices, which will reduce incomes among the majority of economies in the region that are net energy importers, as well as among the developed nations which comprise Emerging East Asias major extra-regional export markets - the United States, Japan and Europe. The report also reviews the affects of oil prices, as well as a variety of domestic factors and the fact that growth in the developed world shifted to a lower pace in the second quarter of 2004, most notably in Japan and to a lesser extent in the U.S., while monthly indicators suggested softening activity in Europe in the third quarter. Also discussed is the growth pause in the developed world and the likelihood of another cyclical downturn in the global high tech industry, a concern for East Asia which is now the leading location for manufacturing and assembly in this industry. The study notes that East Asian decision makers are also giving much attention to the outlook for China.
format Serial
author World Bank
author_facet World Bank
author_sort World Bank
title East Asia Update, November 2004 : Steering a Steady Course
title_short East Asia Update, November 2004 : Steering a Steady Course
title_full East Asia Update, November 2004 : Steering a Steady Course
title_fullStr East Asia Update, November 2004 : Steering a Steady Course
title_full_unstemmed East Asia Update, November 2004 : Steering a Steady Course
title_sort east asia update, november 2004 : steering a steady course
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/642671468032402335/Steering-a-steady-course
http://hdl.handle.net/10986/33505
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