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008 160512s2016 dcu o i00 0 eng
020 _z9781464809125
035 _a(The World Bank)210912
040 _aDJBF
_beng
_cDJBF
_erda
245 1 0 _aEurope and Central Asia Economic Update, April 2016 :
_bThe Impact of China on Europe and Central Asia.
264 1 _aWashington, D.C. :
_bThe World Bank,
_c2016.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
490 1 _aEurope and Central Asia Economic Update.
520 3 _aThe economies of Europe and Central Asia (ECA) are facing complex challenges. In the eastern part of the region the task of governments is to orchestrate a coordinated crisis response. The collapse of oil revenues and the associated decline in remittances triggered a chain reaction of shocks. Adjustment to these shocks requires a new monetary policy regime, resolution of serious fragilities in banking sectors, fiscal reforms that put government finances on a sustainable path, while guaranteeing fair burden sharing, and facilitation of job creation in sectors that compete internationally. In the western part of the region policy coordination within the European Union is being tested by the refugee crisis and a possible Brexit. Meanwhile the Chinese economy has slowed down and is in the process of fundamental transformation. Also these developments have major impacts on the ECA region. The report analyses all these challenges and points at the opportunities to become more competitive in global markets.
588 _aDescription based on print version record.
650 4 _aChina rebalancing
_924341
650 4 _aDepreciation
_924342
650 4 _aEuropean union
_924343
650 4 _aFDI
_924344
650 4 _aMonitory policy
_924345
650 4 _aOil prices
_924346
650 4 _aPoverty
_924347
650 4 _aRefugees
_924348
650 4 _aTrade
_924349
651 4 _aCentral Asia
_924350
776 0 8 _aPrint Version:
_z9781464809125
830 0 _aEurope and Central Asia Economic Update.
_924351
830 0 _aWorld Bank e-Library.
_924352
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-0912-5
999 _c4932
_d4932