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Developing 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...
Persistent link: https://www.econbiz.de/10012644108
One-quarter of the world's school-age children live in East Asia and Pacific. During the past 50 years, some economies in the region have successfully transformed themselves by investing in the continuous upgrading of the knowledge, skills, and abilities of their workforce. Through policy...
Persistent link: https://www.econbiz.de/10012644110
Reforming public-sector organizations--their structures, policies, processes and practices--is notoriously difficult, in rich and poor countries alike. Even in the most favorable of circumstances, the scale and complexity of the tasks to be undertaken are enormous, requiring levels of...
Persistent link: https://www.econbiz.de/10012644122
Despite some financial turbulence, growth in developing East Asia and Pacific (EAP) was resilientduring the first half of 2018. The growth outlook for the region remains positive. After peaking in2017, growth in developing EAP is expected to slow modestly in 2018, as China's economicexpansion...
Persistent link: https://www.econbiz.de/10012644142
Despite global economic volatility, growth in developing East Asia and Pacific (EAP) was resilientduring 2018, and in the first quarter of 2019. The growth outlook for developing EAP is expected tosoften in 2019, as China's economic expansion continues to moderate. Downside risks...
Persistent link: https://www.econbiz.de/10012644210
Growth in the developing East Asia and Pacific region slowed in the first half of 2019 given weakening global demand and heightened policy uncertainty amid ongoing trade tensions. Steady consumption growth helped to partly offset the effects of weakening exports and investment on growth. The...
Persistent link: https://www.econbiz.de/10012644240
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
Conditions in the region and the rest of the world have changed dramatically since the April 2020 Regional Economic Update (World Bank 2020a). In addition to still unfolding unprecedented health crisis, the world is now experiencing the deepest global recession since the Second World War (World...
Persistent link: https://www.econbiz.de/10012644304