000			02749cam a22003735i 4500
001			211702
003			US-djbf
005			20210811114941.0
006			m d
007			cr cn|||||||||
008			160311s2021 dcu o i00 0 eng
020			_z9781464817021
035			_a(The World Bank)211702
040			_aDJBF _beng _cDJBF _erda
110	2		_aWorld Bank Group. _929959
245	1	0	_aWorld Bank East Asia and Pacific Economic Update, Spring 2021 : _bUneven Recovery.
264		1	_aWashington, D.C. : _bThe World Bank, _c2021.
300			_a1 online resource (118 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
520	3		_aA year after the first case was confirmed in Wuhan COVID-19 is proving hard to suppress even, while the emergence of more transmissible variants of the variant poses new challenges to the containment of the disease globally. The economies of the region began to bounce back in the second half of 2020. However, only China and Vietnam have followed a V-shape recovery path with output surpassing pre-COVID-19 levels. Most of the other countries have not seen a full-fledged recovery in terms of either output or growth momentum. Economic performance across countries continues to depend on (i) the efficiency with which the virus is contained; (ii) the ability to take advantage of the revival in international goods trade; and (iii) the capacity of governments to provide fiscal and monetary support. China and Vietnam are expected to enjoy strong growth in 2021, whereas other economies in the region will grow more gradually. Many economies, especially in the Pacific islands are not expected to reach pre-COVID-19 levels of output until 2022 or later. Governments in the region need to work cooperatively to address three key issues: (i) a regional and global distribution of vaccines that minimizes the risk of a continued spread of COVID-19 and its variants; (ii) continue to provide economic support to their economies while carefully evaluating the trade-offs between the need for further stimulus and debt sustainability; and (iii) enact policies and prioritize investments that protect against climate risk to ensure sustainable economic growth.
588			_aDescription based on print version record.
650		4	_aDebt _929960
650		4	_aDigital Finance _929961
650		4	_aFiscal Buffer _929962
650		4	_aGrowth _929963
650		4	_aInrastructure _929964
650		4	_aUndernutrition _929965
776	0	8	_aPrint Version: _z9781464817021
830		0	_aWorld Bank e-Library. _929966
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1702-1
999			_c5505 _d5505