East Asia and Pacific Update, November 2007 : Will Resilience Overcome Risk?

Growth in Emerging East Asia is expected to exceed 8 percent in 2007 for a second year in succession and to moderate only slightly in 2008. Our projections for regional growth in 2007 and 2008 have been substantially increased compared to six month...

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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/229921468025505523/Will-resilience-overcome-risk
http://hdl.handle.net/10986/33510
id okr-10986-33510
recordtype oai_dc
spelling okr-10986-335102021-04-23T14:05:20Z East Asia and Pacific Update, November 2007 : Will Resilience Overcome Risk? World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK POVERTY REDUCTION HUMAN DEVELOPMENT COMMODITY PRICES BALANCE OF PAYMENTS INTERNATIONAL CAPITAL MARKETS FINANCIAL SECTOR DEVELOPMENT AGRICULTURE Growth in Emerging East Asia is expected to exceed 8 percent in 2007 for a second year in succession and to moderate only slightly in 2008. Our projections for regional growth in 2007 and 2008 have been substantially increased compared to six months ago, mainly due to the unexpected and large domestic demand-led acceleration of growth in China. Growth also picked up in most of the other larger economies of the region, again a result of more buoyant investment and consumption spending. Concerns about the impact of the US sub-prime crisis and the renewed surge in oil prices have clearly increased downside risks. Nevertheless we expect that the stronger growth momentum in the region will carry through 2008. There are as yet few signs of a significant pick-up in underlying core inflation pressures or of other domestic constraints or imbalances that would require a marked slowing of growth. 2020-03-31T20:49:02Z 2020-03-31T20:49:02Z 2007-11 Serial http://documents.worldbank.org/curated/en/229921468025505523/Will-resilience-overcome-risk http://hdl.handle.net/10986/33510 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
POVERTY REDUCTION
HUMAN DEVELOPMENT
COMMODITY PRICES
BALANCE OF PAYMENTS
INTERNATIONAL CAPITAL MARKETS
FINANCIAL SECTOR DEVELOPMENT
AGRICULTURE
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
POVERTY REDUCTION
HUMAN DEVELOPMENT
COMMODITY PRICES
BALANCE OF PAYMENTS
INTERNATIONAL CAPITAL MARKETS
FINANCIAL SECTOR DEVELOPMENT
AGRICULTURE
World Bank
East Asia and Pacific Update, November 2007 : Will Resilience Overcome Risk?
geographic_facet East Asia and Pacific
East Asia
Oceania
description Growth in Emerging East Asia is expected to exceed 8 percent in 2007 for a second year in succession and to moderate only slightly in 2008. Our projections for regional growth in 2007 and 2008 have been substantially increased compared to six months ago, mainly due to the unexpected and large domestic demand-led acceleration of growth in China. Growth also picked up in most of the other larger economies of the region, again a result of more buoyant investment and consumption spending. Concerns about the impact of the US sub-prime crisis and the renewed surge in oil prices have clearly increased downside risks. Nevertheless we expect that the stronger growth momentum in the region will carry through 2008. There are as yet few signs of a significant pick-up in underlying core inflation pressures or of other domestic constraints or imbalances that would require a marked slowing of growth.
format Serial
author World Bank
author_facet World Bank
author_sort World Bank
title East Asia and Pacific Update, November 2007 : Will Resilience Overcome Risk?
title_short East Asia and Pacific Update, November 2007 : Will Resilience Overcome Risk?
title_full East Asia and Pacific Update, November 2007 : Will Resilience Overcome Risk?
title_fullStr East Asia and Pacific Update, November 2007 : Will Resilience Overcome Risk?
title_full_unstemmed East Asia and Pacific Update, November 2007 : Will Resilience Overcome Risk?
title_sort east asia and pacific update, november 2007 : will resilience overcome risk?
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/229921468025505523/Will-resilience-overcome-risk
http://hdl.handle.net/10986/33510
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