Capturing new sources of growth
"Growth in developing East Asia and the Pacific remained strong in 2011, although it slowed from its post-crisis peaks. Strong domestic demand offset weaker external demand from the United States and Western Europe. Looking ahead, the external environment is likely to remain weak. The best pros...
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2015
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oai:scholar.dlu.edu.vn:DLU123456789-591882023-11-11T06:32:00Z Capturing new sources of growth Bryce Quillin Sudhir Shetty Bert Hofman Economic development East Asia Economic conditions "Growth in developing East Asia and the Pacific remained strong in 2011, although it slowed from its post-crisis peaks. Strong domestic demand offset weaker external demand from the United States and Western Europe. Looking ahead, the external environment is likely to remain weak. The best prospects for the region to maintain high rates of growth, job creation, and poverty reduction are through rebalancing towards domestic demand and investing in productivity increases and further international integration. Developing East Asia grew by 8.2 percent in 2011 (4.3 percent excluding China), a sharp decline from the nearly 10 percent growth rate recorded in 2010 (7.0 percent excluding China). This slowdown was largely due to lower-thanexpected growth in manufacturing exports and supply disruptions in the wake of the Japan earthquake and tsunami and the severe flooding in Thailand, Lao, PDR, and Cambodia. Domestic demand and investment compensated for these factors and were aided by monetary policy loosening in some countries. 2015-11-23T07:24:20Z 2015-11-23T07:24:20Z 2015 Book https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59188 en application/pdf Springer |
| institution |
Thư viện Trường Đại học Đà Lạt |
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Thư viện số |
| language |
English |
| topic |
Economic development East Asia Economic conditions |
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Economic development East Asia Economic conditions Bryce Quillin Sudhir Shetty Bert Hofman Capturing new sources of growth |
| description |
"Growth in developing East Asia and the Pacific remained strong in 2011, although it slowed from its post-crisis peaks. Strong domestic demand offset weaker external demand from the United States and Western Europe. Looking ahead, the external environment is likely to remain weak. The best prospects for the region to maintain high rates of growth, job creation, and poverty reduction are through rebalancing towards domestic demand and investing in productivity increases and further international integration. Developing East Asia grew by 8.2 percent in 2011 (4.3 percent excluding China), a sharp decline from the nearly 10 percent growth rate recorded in 2010 (7.0 percent excluding China). This slowdown was largely due to lower-thanexpected growth in manufacturing exports and supply disruptions in the wake of the Japan earthquake and tsunami and the severe flooding in Thailand, Lao, PDR, and Cambodia. Domestic demand and investment compensated for these factors and were aided by monetary policy loosening in some countries. |
| format |
Book |
| author |
Bryce Quillin Sudhir Shetty Bert Hofman |
| author_facet |
Bryce Quillin Sudhir Shetty Bert Hofman |
| author_sort |
Bryce Quillin |
| title |
Capturing new sources of growth |
| title_short |
Capturing new sources of growth |
| title_full |
Capturing new sources of growth |
| title_fullStr |
Capturing new sources of growth |
| title_full_unstemmed |
Capturing new sources of growth |
| title_sort |
capturing new sources of growth |
| publisher |
Springer |
| publishDate |
2015 |
| url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59188 |
| _version_ |
1819807368504934400 |