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East Asia and Pacific Economic Update, April 2017

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Abstract

The region's growth outlook for 2017-19 remains broadly positive. China's growth moderation and rebalancing are expected to continue. In the region's other large developing economies, growth is projected to pick up slightly. Poverty has continued to decline in most countries and is projected to fall further. Global and regional vulnerabilities place a premium on macroeconomic prudence. Mobilizing additional revenues will create space for measures to support growth and foster inclusion. Some smaller commodity-exporting economies need to focus on lowering threats to fiscal solvency. Much of the region may need to adjust accommodative monetary policies. In China, reforms of the corporate sector, including restructuring of SOEs, and measures to bring credit growth under control are critical to reducing vulnerabilities. Elsewhere in the region, improvements in financial supervision and prudential regulation will be required. Developing EAP economies could benefit significantly from improving the quality of public spending, deepening regional integration, and reducing the agricultural sector's increasingly adverse environmental footprint.

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  • World Bank, "undated". "East Asia and Pacific Economic Update, April 2017," World Bank Publications - Reports 26332, The World Bank Group.
    • Handle: RePEc:wbk:wboper:26332
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    References listed on IDEAS

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    1. World Bank, 2017. "Philippines Economic Update, October 2017," World Bank Publications - Reports 28561, The World Bank Group.
    2. World Bank, 2018. "Philippines Economic Update, April 2018," World Bank Publications - Reports 29725, The World Bank Group.
    3. 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.
    4. Dirk J. Steenbergen & Hampus Eriksson & Kimberley Hunnam & David J. Mills & Natasha Stacey, 2019. "Following the fish inland: understanding fish distribution networks for rural development and nutrition security," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 11(6), pages 1417-1432, December.
    5. Chau Le & Huyen Nguyen & Duc Vo, 2024. "Global liquidity spillovers in the Asia–Pacific region: policy-driven versus market-driven effects," Empirical Economics, Springer, vol. 67(3), pages 1091-1113, September.
    6. Kraal, Diane, 2019. "Petroleum industry tax incentives and energy policy implications: A comparison between Australia, Malaysia, Indonesia and Papua New Guinea," Energy Policy, Elsevier, vol. 126(C), pages 212-222.

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