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Authorities in East Asia Pacific (EAP) jurisdictions have adopted a battery of fiscal, monetary, and financial measures aimed at mitigating the unprecedented impacts of the Coronavirus disease 2019 (COVID-19) pandemic on the economy. This report discusses the quality of loan portfolios in the...
Persistent link: https://www.econbiz.de/10012700675
Long COVID: Scars and Opportunity. The title of this report has two meanings. First, that the disease will leave in its wake a durably damaged economy. Second, that the disease is not leaving any time soon and may be here to stay. This duality reflects the two themes of this Update. In the near...
Persistent link: https://www.econbiz.de/10012700809
Amidst a fragile recovery, three clouds are gathering over the economic horizon: US inflation could provoke financial tightening, China's structural slowdown and zero-COVID-19 policy could dampen regional exports, and the conflict between Russia and Ukraine could disrupt food and fuel supplies,...
Persistent link: https://www.econbiz.de/10013209216
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
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
protectionist pressures around the world, including in the region. Deeper integration will encourage agglomeration economies and …
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
around the world and revised the price of risk upward, triggering a global liquidity shortage. The ensuing search for … heightened risk aversion and an ongoing deleveraging across the world is causing capital to retreat from developing countries and … the first decline in world trade volumes in a quarter century …
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