Economic Outlook for Southeast Asia, China and India 2022.
Economic Outlook for Southeast Asia, China and India 2022 addresses financing sustainable recovery from the COVID-19 pandemic. The COVID-19 pandemic is proving to be extremely costly, both economically and socially and sustainable financing solutions are crucial for an equitable and inclusive recove...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
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Paris :
Organization for Economic Cooperation & Development
2022.
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| Edición: | 1st ed |
| Colección: | Economic Outlook for Southeast Asia, China and India
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| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704988706719 |
Tabla de Contenidos:
- Intro
- Foreword
- Acknowledgements
- Table of contents
- Acronyms and abbreviations
- Executive summary
- Emerging Asia's economies are poised to rebound, but further turbulence may lay ahead
- Recovery requires broader financing options
- Policies to develop market-based financing tools
- Overview
- Macroeconomic assessment and economic outlook
- Table 1. Real GDP growth in ASEAN, China and India, 2020-23
- Figure 1. Spreads to 10-year US Treasuries and yield curve of selected ASEAN economies, January 2020 to March 2022 Figure 2. Evolution of exports and imports of goods for selected Emerging Asian economies, January 2020 to January 2022
- Figure 3. Headline inflation in selected Emerging Asian economies, March to December 2021
- Figure 4. Total size of fiscal packages and estimated impact on the fiscal balance in selected ASEAN economies, 2020-22
- Challenges to the Outlook
- ASEAN-5
- Brunei Darussalam and Singapore
- Cambodia, Lao PDR and Myanmar
- China and India
- Healthcare and vaccine responses remain critically important as the pandemic continues to unfold Figure 5. COVID-19 cases per million people in Emerging Asia
- Various challenges still hinder the effective distribution of vaccines
- Figure 6. Vaccination rate in Emerging Asia
- International co-operation can provide valuable support to speed up vaccine distribution
- Public healthcare responses are a necessary complement to vaccination programmes
- Digital tools have played an important part in the management of the pandemic
- Table 2. Examples of digital applications related to COVID-19 in Emerging Asia
- Telehealth and telemedicine could be further developed Dealing with the risk of inflation amid an uneasy economic recovery is essential
- A sustained rise in global prices for food and fuel could alter the course of inflation
- A reversal in the monetary-policy stances of advanced economies poses another risk
- Vulnerable households are likely to feel the pinch of inflation
- Figure 7. Headline inflation in selected ASEAN countries, the euro area, the United Kingdom, and the United States, January 2008 to January 2022
- Supply-chain disruptions continue to pose challenges Imbalances in supply and demand have affected global logistics and the production of semiconductors
- Figure 8. Exports of semiconductors from selected Asian economies, and minimum lead times for electronic components
- Supply-chain disruptions could weaken output growth and affect consumers in Emerging Asia
- The current economic environment calls for innovative financing solutions
- The current fiscal environment in Emerging Asia is challenging
- Table 3. Advantages and limitations of different types of fiscal rules
- The monetary environment is changing due to the pandemic.
