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Growth in the developing East Asia and Pacific region slowed sharply in 2020Q1 because of the negative impact of the Covid-19 on economic activity. The decline has been broad-based reflecting the interconnectedness of the EAP economies and reverberations from the global economy as the virus...
Persistent link: https://www.econbiz.de/10012644280
The Seasonal Worker Program (SWP) is a temporary migration scheme between Australia and selected Pacific Island Countries. It was introduced in 2012 and covers the agriculture, accommodation and tourism sectors. Extensive efforts have been made to evaluate the economic impacts of the scheme, but...
Persistent link: https://www.econbiz.de/10012645352
The rapid review confirms that Pacific Small Island Developing States (SIDS) are socially, culturally, and environmentally diverse, with some features in common, and which collectively make them unique to other regions of the world: Small island countries have uniquely fragile water resources...
Persistent link: https://www.econbiz.de/10012645475
Developing East Asia is battling the forces of global recession. The impact of the crisis in the advanced countries was transmitted to the economies of the region with unusual speed. In the region, the initial global financial turbulence was marked by sudden reversals of capital flows in the...
Persistent link: https://www.econbiz.de/10012646986
A vigorous economic rebound is under way in East Asia since the second quarter of 2009, following the sharp impact from the financial crisis and the global recession that began in late 2008. As much as the reduction in exports and industrial production across the region in the fourth quarter of...
Persistent link: https://www.econbiz.de/10012646987
East Asia has recovered from the economic and financial crisis. Largely thanks to China, the region's output, exports and employment have mostly returned to the levels before the crisis. Leading the global economy, real gross domestic product (GDP) growth in developing East Asia is poised to...
Persistent link: https://www.econbiz.de/10012646988
Output has recovered to above pre-crisis levels throughout developing East Asia and, in some countries, is expanding at near pre-crisis rates. Real Gross Domestic Product (GDP) is likely to rise 8.9 percent in the region in 2010, up from 7.3 percent in 2009 and in line with the average growth...
Persistent link: https://www.econbiz.de/10012646989
As the global economy finds itself in the worst financial crisis since the great depression, the East Asia and Pacific region has not been spared the full fury of the economic storm. The surge and subsequent drop in food and fuel prices was followed by the intensification in the financial crisis...
Persistent link: https://www.econbiz.de/10012646990
Growth in Emerging East Asia accelerated to reach 8.1 percent in 2006. This was the strongest pace of economic expansion in the last ten years and a fitting commemoration of the decade that has passed since the start of the Asian financial crisis in 1997. The region's accomplishments in...
Persistent link: https://www.econbiz.de/10012647000
Growth in Emerging East Asia is expected to exceed 8 percent in 2007 for a second year in succession and to moderate only slightly in 2008. Our projections for regional growth in 2007 and 2008 have been substantially increased compared to six months ago, mainly due to the unexpected and large...
Persistent link: https://www.econbiz.de/10012647001