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001 211283
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006 m d
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008 020129s2018 dcu o i00 0 eng
020 _a9781464812835
_c USD
020 _z9781464812835
035 _a(The World Bank)211283
040 _aDJBF
_beng
_cDJBF
_erda
245 1 0 _aWorld Bank East Asia and Pacific Economic Update, April 2018 :
_bEnhancing Potential.
264 1 _aWashington, D.C. :
_bThe World Bank,
_c2018.
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 _aDeveloping EAP grew slightly faster than anticipated in 2017. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to moderate as the economy keeps rebalancing. Major downside risks include volatility associated with faster than expected' monetary policy tightening in advanced economies and rising threat of trade restrictions. Developing EAP countries would need to get ready to respond to increasing interest rates and find ways to raise potential growth in the medium run. Specifically, amid the rising risk of protectionism and changes in the global manufacturing landscape, countries should continue to enhance trade facilitation and integration, increase the effectiveness of schools and education systems and upgrade capabilities to ensure that workers and managers have necessary skills. To provide economic security to the population, policies should focus on strengthening social assistance and insurance programs and increasing resilience to systemic shocks.
588 _aDescription based on print version record.
650 4 _aDebt
_927268
650 4 _aDigital Finance
_927269
650 4 _aFiscal Buffer
_927270
650 4 _aGrowth
_927271
650 4 _aInrastructure
_927272
650 4 _aUndernutrition
_927273
776 0 8 _aPrint Version:
_z9781464812835
830 0 _aWorld Bank e-Library.
_927274
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1283-5
999 _c5262
_d5262