World Bank East Asia and Pacific Economic Update 2010, Volume 2 : Robust Recovery, Rising Risks.
Title:
World Bank East Asia and Pacific Economic Update 2010, Volume 2 : Robust Recovery, Rising Risks.
Author:
Bank, World.
ISBN:
9780821386378
Personal Author:
Physical Description:
1 online resource (151 pages)
Contents:
Title Page -- Copyright -- Preface and Acknowledgments -- Contents -- Abbreviations -- Summary -- I. The Continued Recovery -- After Sharp Increase, Growth Normalizes -- Export Growth is Slowing -- Capital Inflows of All Kinds Surged -- Employment is Recovering, But More Slowly than Other Key Economic Indicators -- Poverty Reduction has Resumed, But More Slowly than Before the Crisis -- Inclusive Growth, Quicker Poverty Reduction -- Box 1. Addressing Rural-Urban Inequality in China -- II. Emerging Risks -- Curbing Inflation, Sustaining Growth -- Box 2. On the Watch for Food Security as Prices Edge Up -- Exchange Rates have Appreciated Strongly -- Managing the Level and Volatility of Capital Flows -- Box 3. China's Private Outflows are Becoming More Noticeable -- III. Escaping the Middle-Income Trap -- The Need to Ramp up Investment -- Box 4. Invest in the Green Economy, But Beware of White Elephants -- Facilitating Innovation -- Box 5. What is Innovation? -- Investment Climate for Innovation -- Getting Together: Industrial Clusters and Connectivity -- Box 6. Smart Innovation in the Pacific: Connecting People -- Equalizing Opportunities for a Creative Workforce -- Finance: From Grassroots to Frontier -- Box 7. Some Low-Hanging Fruit in SME Financing -- Country Pages and Key Indicators -- Cambodia -- China -- Fiji -- Indonesia -- Lao PDR -- Malaysia -- Mongolia -- Papua New Guinea -- Philippines -- Small Pacific Islands -- Box A. The global Downturn and Public Finances in Tonga -- Box B. The World Bank's Newest and Smallest Member-Tuvalu -- Solomon Islands -- Thailand -- Timor-Leste -- Vietnam -- Appendix Tables -- Appendix Table 1. Real GDP Growth -- Appendix Table 2. Real GDP and Components of Aggregate Demand -- Appendix Table 3. East Asia-Merchandise Export Growth -- Appendix Table 4. East Asia and Pacific: GDP Growth Projections.
Appendix Table 5. Regional Aggregates for Poverty Measures in East Asia -- Appendix Table 6. Primary Commodity Prices -- Appendix Table 7. East Asia: Exchange Rates -- Appendix Table 8. East Asia: Foreign Reserves Minus Gold -- Appendix Table 9. East Asia: Balance of Payments -- Appendix Table 10. East Asia: Capital Account Components -- Appendix Table 11. East Asia: Non-Performing Loans -- Appendix Table 12. East Asia: Financial Market Indicators -- Back Cover.
Abstract:
The World Bank East Asia and Pacific Economic Update 2010, Volume 2 is the latest edition of the comprehensive, twice-yearly review of the region's economies prepared by the East Asia and Pacific region of the World Bank. Entitled "Robust Recovery, Rising Risks," this Update notes that output and trade flows have recovered to above pre-crisis levels throughout developing East Asia. Confidence is on the rise, and private sector investment is once again driving growth.Yet greater confidence in the region's growth prospects and concerns about tepid economic expansion in advanced economies are confronting policy makers with a delicate balancing act. In particular, the return of large capital inflows to East Asia has caused currencies to appreciate substantially, and is leading to concerns about asset price bubbles. Countries need to address emerging risks at the same time as medium-term challenges to sustain strong growth. The need for China to rebalance the economy by altering the pattern of growth and investment is increasingly critical for sustainability. Commodity exporters in the region need to ensure a transparent framework to use resource-related revenues for development. The middle-income countries of the region, excluding China, need to raise investment in physical and human capital and encourage innovation if they are to eventually attain high-income status.Presenting unique perspectives along with the latest data on the region, the World Bank East Asia and Pacific Economic Update is a valued resource for policymakers, researchers, businesspersons, students, and anyone else with a serious interest in this dynamic region.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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Electronic Access:
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