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World Bank East Asia and Pacific Economic Update, April 2016

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Abstract

In the past 6 months, developing East Asia and Pacific has faced a challenging external environment, but growth has generally remained resilient. Over the next 3 years, growth is expected to ease modestly. China will continue its gradual shift to a more sustainable growth path. Some economies will be affected by low commodity prices and weaker external demand. This outlook is subject to elevated risks. Countries should prioritize monetary and fiscal policies that reduce their exposure to risks and strengthen market confidence. In China, there is a need to reduce leverage. In several countries, action is required to enhance transparency, strengthen accountability, and redefine the role of the state. Efforts to reduce barriers to trade should be redoubled, with a particular focus on non-tariff measures and regulatory barriers, including to trade in services. The region must increase its readiness to benefit from the digital revolution, and in particular develop the essential “analog complements” to digital technologies.

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  • World Bank, 2016. "World Bank East Asia and Pacific Economic Update, April 2016," World Bank Publications - Reports 24015, The World Bank Group.
    • Handle: RePEc:wbk:wboper:24015
    Note: ISBN 978-1-4648-0906-4
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    References listed on IDEAS

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    Cited by:

    1. World Bank, 2016. "Taking Stock, December 2016," World Bank Publications - Reports 25748, The World Bank Group.
    2. Bajrawan NUCHPRAYOOL, 2016. "Legal improvement on Public-Private Partnership for sustainable development of basic infrastructures in CLMV countries," Proceedings of International Academic Conferences 4106710, International Institute of Social and Economic Sciences.
    3. Jiankun Lu & Pi-Han Tsai, 2017. "Signal and political accountability: environmental petitions in China," Economics of Governance, Springer, vol. 18(4), pages 391-418, November.
    4. World Bank Group, 2016. "Malaysia Economic Monitor, December 2016," World Bank Publications - Reports 25857, The World Bank Group.
    5. World Bank, 2016. "Taking Stock, July 2016," World Bank Publications - Reports 24922, The World Bank Group.
    6. Viet-Ha T. Nguyen & Hong Kong Nguyen-To & Thu Trang Vuong & Manh Tung Ho & Quan-Hoang Vuong, 2018. "How swelling debts give rise to a new type of politics in Vietnam," Working Papers CEB 18-026, ULB -- Universite Libre de Bruxelles.
    7. Anne Provo & Steve Atwood & Eileen Brainne Sullivan & Nkosinathi Mbuya, 2017. "Malnutrition in Timor-Leste," World Bank Publications - Reports 26394, The World Bank Group.
    8. World Bank, 2022. "World Bank East Asia and Pacific Economic Update - Spring 2022," World Bank Publications - Reports 37097, The World Bank Group.
    9. World Bank, 2016. "Malaysia Economic Monitor, June 2016," World Bank Publications - Reports 24692, The World Bank Group.
    10. Ehtisham Ahmad & Mercedes García-Escribano, 2011. "Constraints to Effective Fiscal Decentralization in Peru," Chapters, in: Jorge Martinez-Vazquez & François Vaillancourt (ed.), Decentralization in Developing Countries, chapter 5, Edward Elgar Publishing.
    11. Maksym Kulbida, 2017. "International Monetary Fund And East Asia: Developments, Challenges, And Lessons Learned," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 3(5).

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