World Bank East Asia and Pacific EconomicUpdate 2010, Volume 1 : Emerging Stronger from the Crisis

World Bank

World Bank

关键词: ACCESS TO FUNDS;    ADVANCED COUNTRIES;    ADVANCED ECONOMIES;    AGRICULTURAL OUTPUT;    AGRICULTURE;   

DOI  :  10.1596/978-0-8213-8275-2
RP-ID  :  54436

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

East Asia has recovered from theeconomic and financial crisis. Largely thanks to China, theregion's output, exports and employment have mostlyreturned to the levels before the crisis. Leading the globaleconomy, real gross domestic product (GDP) growth indeveloping East Asia is poised to rise to 8.7 percent in2010 after slowing from 8.5 percent in 2008 to 7.0 percentin 2009. This report also identifies two common regionalagenda items for the medium term. First, the process ofregional integration, driven by Association of South EastAsian Nations (ASEAN) commitments to creating a singleeconomic area, will need to continue. Deeper regionaleconomic integration is now even more important, givenprospects for slower growth in advanced economies.Behind-the-border trade barriers must be lowered, even inthe face of incipient protectionist pressures around theworld, including in the region. Deeper integration willencourage agglomeration economies and intra-industry trade,support sustainable urbanization, lower costs, and increaseinternational competitiveness. Second, addressing climatechange is high priority in the region. Mitigation measuresmust be strengthened to improve land and water use, bolsterenergy efficiency and conservation, and foster a much largerrole for renewable sources of energy. Moreover, withinvestment rates in the region higher than in developedcountries, there is scope for East Asia to move rapidly tothe "green" technology frontier. Such a move willgive the region a competitive advantage in a sector poisedfor rapid global growth. At the same time, the adaptationagenda will require enhancing the region's cooperationand disaster risk management frameworks. Institutional andregulatory frameworks for improving the resiliency ofeconomic activity, reducing drought and flood risk, andmanaging coastal areas and small islands, are critically needed.