TY  - BOOK
TI  - World Bank East Asia and Pacific Economic Update, April 2019 : : Managing Headwinds
PY  - 2019///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Debt
KW  - Digital Finance
KW  - Fiscal Buffer
KW  - Growth
KW  - Inrastructure
KW  - Undernutrition
N2  - Despite global economic volatility, growth in developing East Asia and Pacific (EAP) was resilientduring 2018, and in the first quarter of 2019. The growth outlook for developing EAP is expected tosoften in 2019, as China's economic expansion continues to moderate. Downside risks remain,including expected moderated global demand, continued trade tensions, the risk of a faster-thanexpectedfinancial tightening in developed economies, the risk of weaker-than-expected growth inChina, and continued financial market volatility. Also, or in combination, these risks could weigh on the region's growth prospects in the short-to-medium term. To manage global and regionalheadwinds, developing EAP 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. Theintensification of risks underscores the need to continue to enhance economic security by investingin human capital and strengthen social assistance
UR  - http://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1412-9
ER  -