Overall economic growth in developing East Asia and Pacific countries is projected to slow to 5 percent in 2022, 0.4 of a percentage point less than expected in October, the World Bank noted, adding that if global conditions worsen and national policy responses are weak, growth in the region ...
The World Bank released its East Asia and Pacific Economic Update on Monday. The update says East Asia Pacific growth remains resilient in the face of a challenging global environment but that careful macroeconomic management and structural reforms are key to maintaining strength. The East Asia and ...
Developing East Asia and the Pacific has continued to perform well in the first half of 2017. The region grew more rapidly than almost all other developing regions. Improved global economic performance contributed to the region's growing exports and favorable financing conditions. China's economy gr...
Has the new economy permanently changed the way leading economies work? How can its beneficial effects be transmitted to countries in the early stages of economic development? Why is Japan continuing to stagnate in a potentially prosperous age and Australia, with a smaller industrial and information...
Largest regional trading partner of the United States; The Association of Southeast Asian Nations is America's sixth largest export market; Asia-Pacific Economic Cooperation; Provisions the US makes to support economic reforms; Trade imbalances; Regional cooperation....
In the six months since the previous East Asia and Pacific Economic Update, developing East Asia and Pacific (EAP) has faced a challenging external environment. Growth eased in the United States and Japan. The widespread slowdown in developing economies intensified, particularly in major commodity pr...
As China rebalances its economy, Mattoo said China has shown "a stronger willingness" in recent years to make regulatory changes that "favor sustainable, inclusive and stable growth over short-term needs." Overall economic growth in developing East Asia and Pacific countries is projected to slow ...
Growth in developing East Asia and Pacific is outpacing the rest of the world, but the region will likely see slower growth in 2024, the World Bank says.
Many countries in the region rely on exports, particularly to China, for economic growth, the World Bank said. Developing East Asia and the Pacific is growing faster than the rest of the world but slower than before the pandemic, according to the World Bank’s latest report.1...
South AsiaIn an attempt to adjust to economic globalization or internationalization, East Asian developmental states have liberalized their domestic economic systems, accelerating the introduction of the free‐market ideology. Despite their plan to establish the internationally compatible open‐market economy,...