East Asia and the Pacific, seen in the context of the world economy, stands out as a paragon of development. Despite the recent ravages of the pandemic and the persistent tensions of geopolitics, the region...
Macroeconomic, financial, and policy-related uncertainty have increased since the COVID-19 pandemic globally and in individual developing economies in the East Asia and Pacific (EAP) region. Uncertainty...
Do fiscal rules help suppress sovereign spreads during periods of global financial stress? Yes! This paper examines whether fiscal rules contribute to mitigating sovereign spreads in emerging markets and...
The recent turmoil in US and European banks is a timely reminder of the potential for financial shocks to spill over into financial sectors in emerging market and developing economies. So far, banks in...
This Brief examines the impact of US interest rate hikes on developing East Asian economies. The effect will depend on the underlying factors driving the changes in US interest rates. US interest rates...
กิจกรรมทางเศรษฐกิจในภูมิภาคเอเชียตะวันออกและแปซิฟิกกําลังพัฒนาส่วนใหญ่ฟื้นตัวจากแรงกระแทกเมื่อเร็ว ๆ นี้ โดยมีการส่งออกสินค้าและการบริโภคภาคเอกชนเป็นผู้นํา อย่างไรก็ตาม ผลผลิตยังคงต่ํากว่าระดับก่อนเกิดโรคระบาดในประเทศหมู่เกาะแปซิฟิกหลายแห่ง...
Хөгжиж буй Зүүн Ази, Номхон далайн ихэнх орнуудын эдийн засгийн үйл ажиллагаа сүүлийн үеийн хямралаас сэргэж, бараа бүтээгдэхүүний экспорт, хувийн хэрэглээний тэргүүлэл болж байна. Гэсэн хэдий ч Номхон...
Economic activity in most of developing East Asia and Pacific (EAP) has recovered from the recent shocks, with goods exports and private consumption leading the way. However, output remains below pre-pandemic...
The East Asia and Pacific (EAP) region has been less exposed to the food price shock arising from Russia’s invasion of Ukraine than other world regions. East Asia and Pacific economies have not imported...
Public debt in developing East Asia and Pacific (EAP) economies has increased markedly since the recession in 2020 induced by COVID-19 pandemic. This brief uses standard debt dynamic accounting decomposition...
Non-financial corporates in emerging market and developing economies (EMDEs) have amassed high levels of debt in the past decade, especially during the Coronavirus (COVID-19) shock, when they needed massive...
Several countries in East Asia have increased fossil fuel subsidies to keep consumer prices lower than currently high international prices. These subsidies are discouraging the shift in consumption away...
Household businesses make up the majority of firms in developing economies. This paper uses a novel tax census database that covers the universe of tax-registered household businesses to analyze the entry...
Зүүн Ази, Номхон далайн (EAP) бүс нутгийн ихэнх орнуудын өсөлт 2022 оны эхний хагаст сэргэж байсан ч Хятад эрч хүчээ алдсан байна (Зураг O1A; хүснэгт O1). Энэ бүс нутгийн ихэнх хэсэгт COVID-19 Дельта давалгааны...
Growth in most countries in the East Asia and the Pacific (EAP) region rebounded in the first half of 2022, but China lost momentum (Figure O1A; table O1). In much of the region, domestic demand revived...
การเติบโตในประเทศส่วนใหญ่ในภูมิภาคเอเชียตะวันออกและแปซิฟิก (EAP) ดีดตัวขึ้นในช่วงครึ่งแรกของปี 2565 แต่จีนสูญเสียโมเมนตัม (รูปที่ O1A; ตาราง O1) อุปสงค์ภายในประเทศฟื้นตัวขึ้นหลังจากความทุกข์ยากของคลื่นเดลต้า...
Pertumbuhan di sebagian besar negara di kawasan Asia Timur dan Pasifik (EAP) rebound pada paruh pertama tahun 2022, tetapi Tiongkok kehilangan momentum. Di sebagian besar wilayah, permintaan domestik bangkit...
Growth in most countries in the East Asia and the Pacific (EAP) region rebounded in the first half of 2022, but China lost momentum (Figure O1A; table O1). In much of the region, domestic demand revived...
Tăng trưởng ở hầu hết các quốc gia trong khu vực Đông Á và Thái Bình Dương (EAP) đã phục hồi trong nửa đầu năm 2022, nhưng Trung Quốc đã mất đà (Hình O1A; bảng O1). Ở phần lớn khu vực, nhu cầu nội địa...
Growth in most countries in the East Asia and the Pacific (EAP) region rebounded in the first half of 2022, but China lost momentum (Figure O1A; table O1). In much of the region, domestic demand revived...