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008 020129s2017 dcu o i00 0 eng
020 _a9781464812194
_c
_0.00 USD
020 _z9781464812095
035 _a(The World Bank)211209
040 _aDJBF
_beng
_cDJBF
_erda
245 1 0 _aWorld Bank East Asia and Pacific Economic Update, October 2017 :
_bBalancing Act.
264 1 _aWashington, D.C. :
_bThe World Bank,
_c2017.
300 _a1 online resource (0 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
520 3 _aThe economic outlook for the developing EAP region remains positive, and will benefit from an improved external environment as well as strong domestic demand. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to decline in 2018 and 2019, although remain higher than most countries in the region. Poverty is projected to continue its long-term decline. Major downside risks include financial sector vulnerabilities, large fiscal imbalances, and the possible escalation of geopolitical tensions. The improved outlook for global growth provides a window of opportunity for developing EAP to continue to reduce key vulnerabilities and strengthen the foundations for sustained and inclusive growth in the medium term. The region could also benefit from further developing tourism sectors and deepening of regional integration, to offset the emerging global protectionism. And policies to ensure inclusive growth should involve ensuring economic mobility and security for all, going beyond the primary focus on reducing poverty.
588 _aDescription based on print version record.
650 4 _aDebt
_926852
650 4 _aDigital Finance
_926853
650 4 _aFiscal Buffer
_926854
650 4 _aGrowth
_926855
776 0 8 _aPrint Version:
_z9781464812095
830 0 _aWorld Bank e-Library.
_926856
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1209-5
999 _c5222
_d5222