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Reforms for Recovery: East Asia and Pacific Economic Update, October 2022

Cover Picture EAP Econ Update

The East Asia and Pacific (EAP) region, with some exceptions, is growing faster and has lower inflation than most other regions. However, looking ahead, there are three risks to inclusive and sustainable growth: global deceleration, increasing debt, and policy distortions. The October 2022 issue of the World Bank¡¯s EAP Economic Update argues that more efficient policies could help households and firms cope with current difficulties without undermining long-term growth.



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Global Launch Event - East Asia Pacific Economic Update Oct 2022
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VIDEO

Replay the global launch event*

*Edited recording

COVID-19¨CRELATED POLICY ISSUES EXAMINED IN RECENT ECONOMIC UPDATES 

Previous updates have focused on a number of other policy issues, including:

(1)  to contain COVID-19;
(2)  for relief, recovery, and growth;
(3)  to build back better;
(4)  of COVID-19, especially through non-pharmaceutical interventions like testing-tracing-isolation;
(5)  to prevent long-term losses of human capital, especially for the poor;
(6)  to help households smooth consumption and workers reintegrate as countries recover;
(7)  to prevent bankruptcies and unemployment, without unduly inhibiting the efficient reallocation of workers and resources;
(8)  to support relief and recovery without undermining financial stability;
(9) , especially of still-protected services sectors¡ªfinance, transport, communications¡ªto enhance firm productivity, avert pressures to protect other sectors, and equip people to take advantage of the digital opportunities whose emergence the pandemic is accelerating;
(10) creating and to promote equitable growth; and
(11) policies to encourage .