East Asia Updates - June 2018
Asia, Economic Research Institute for ASEAN and East | June 2018
Abstract
Economic performance in the East Asian region remained favourable in the first quarter of 2018, but entering the second quarter, the economic environment became more challenging. Globally, there are early signs of growth divergence between the United States (US) and the eurozone countries, where the former shows accelerating growth and the latter show signs of deceleration. This growth divergence coupled with other factors has led to capital outflows from emerging market economies and to the US dollar strengthening. Since economic growth in the East Asian region generally remains intact and macroeconomic management has improved, the region is expected to withstand volatility and increasing uncertainty well. Nonetheless, efforts to improve economic fundamentals and strengthen economic cooperation should be continued in order to make the region more resilient to shocks, especially those countries that have weaker economic fundamentals. There has been improvement in the region’s supply-side factors, as reflected in indicators such as ease of doing business and global competitiveness indices. The pace of improvement needs to be maintained and accelerated, especially for countries where significant gaps remain.
Citation
Asia, Economic Research Institute for ASEAN and East. 2018. East Asia Updates - June 2018. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/8587.Keywords
Macroeconomic
Macroeconomic Analysis
Macroeconomic Framework
Macroeconomic Models
Macroeconomic Performance
Macroeconomic Planning
Macroeconomic Policies
Macroeconomic Reform
Macroeconomic Stabilization
Results-Based Monitoring And Evaluation
Project Evaluation & Review Technique
Project Evaluation
Program Evaluation
Performance Evaluation
Operations Evaluation
Evaluation Methods
Evaluation
Social condition
Economic dependence
Economic assistance
International monetary relations
International monetary relations
International trade
National accounting
Market
Project impact
Development projects
Program management
Performance appraisal
Project appraisal
Technology assessment
Exchange
Comparative economics
Index number
Monetary policy
Value analysis
Adjustment cost
Transaction cost
Conditionality
International relations
Cumulative effects assessment
Grievance procedures
Participatory monitoring and evaluation
Exchange rate
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