Taking Stock : An Update on Vietnam's Recent Economic Developments, July 2014

World Bank

Taking Stock : An Update on Vietnam's Recent Economic Developments, July 2014 | Diem lai : cap nhat tinh hinh phat trien kinh te Vietnam

2014

World Bank

Global growth is projected to pick up to 3.4 percent in 2015 and 3.5 percent in 2016, propelled by highincome countries. Developing country growth will benefit from these tailwinds, with growth projected to increase from 4.8 percent in 2014 to 5.5 percent in 2016 broadly in line with potential. Global growth projections for 2014, however, have been marked down from 3.2 percent to 2.8 percent on account of the bumpy start this year, buffeted by poor weather in the United States, financial market turbulence and the conflict in Ukraine. The outlook for the East Asia and the Pacific region continues to reflect several counterbalancing factors, including domestic policy adjustment, volatile financing conditions, political crisis in Thailand, and sustained recovery in global demand for exports. Regional GDP growth is expected to slow down slightly to 7.0 percent by 2016, about 2 percentage points slower than the pre-crisis boom years but broadly in line with potential. Regional risks include volatility and eventual tightening of global financing conditions, possible setbacks in China s restructuring and a weaker contribution from net exports than assumed in the baseline. Potential escalation of regional political tensions presents additional risk to the outlook.

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AGROVOC Keywords

access to information accountability accounting agriculture balance sheets bank deposits bankruptcy commercial banks devaluation developing countries economic conditions economic development economic growth employment equipment exchange rate exports financial market gross domestic product growth rate housing income income distribution income tax inflation insurance interest rates inventories land use laws liquidity living standards market prices natural disasters private investment productivity profitability public debt public finance public investment public services real estate remittances stock exchange transport unemployment value added volatility wages water supply wto

Bibliographic information

Publisher

Hanoi

Other Subjects

Net exports; Strategic investors; Banking sector stability; Sovereign risks; Cds; Alternative investments; Portfolio; Central bank; Foreign direct investment; Bank policy; Investment process; Depositor; Recurrent expenditure; Tax administration; Loan classification; Budget deficit; Level playing field; Government revenue; Revenue sharing; Budgeting; Health expenditures; Tax revenues; Consolidation; Lottery; Capital adequacy; Asset management companies; Return; Contingent liabilities; Regulatory framework; Non-performing loans; Government accounting standards; Tax policy; Growth potential; Public sector debt; Domestic debt; Import tariffs; Lending spreads; Production inputs; Initial public offerings; Real gdp; Skills shortages; Balance sheet; Income level; Inventory; Investment climate; Capital projects; Debt financing; Ownership structure; Macroeconomic stabilization; Consumer price index; Binding constraint; Business licenses; Trade deficit; Banking sector reforms; Foreign investors; Incomes; Information disclosure; Turnover; Government expenditure; Equity investment; Credit default; Macroeconomic environment; Price stability; Capital investments; Investment projects; Foreign exchange reserves; Capital investment; Trade relations; Debt burdens; Policy responses; Debts; Enabling environment; Growth projections; Investor confidence; Fiscal deficit; Bilateral trade; International accounting standards; Macroeconomic risks; Systemic risk; Securities; Private investors; Agricultural output; Power parity; Bad debts; Dividend policy; Credit growth; Risk aversion; Credit rating agency; Basis points; Gini coefficient; State bank; Legal reform; Legal framework; Competitiveness; Asset classification; Investment capital; Credit institutions; Income inequality; Credit default swap; Market mechanisms; Financial crisis; Financial performance; Mergers; Purchasing power; Insolvency regime; Corporate governance; Banking sector; Loan; Domestic banks; Ethnic minorities; Forecasts; Credit availability; Developing country; Total revenue; Debt management; Npl; Sovereign risk; External trade; Access to loans; Reserve; Deposit; Credit institution; Recapitalization; Credit rating; Gdp; Foreign holdings; Portfolio quality; Political stability; Expenditure assignments; Banking system; Labor market; Dividends; Underlying problems; Fiscal deficits; Return on equity; Foreign exchange markets; Market economy; International investment; Access to capital; Price movements; International standards; Foreign exchange; Unemployment rate; Income growth; Issuance; Loan guarantees; Banking supervision; Wealth; Return on asset; Bonds; Investment activities; Lending practices; Export growth; Tax collection; Global economy; Trading; Own source revenue; Poor asset quality; Market trends; Transparency; Asset management; Economic developments; Structural problems; Expenditures; Macroeconomic stability; Shareholders; Impaired assets; Monetary policy; Liquidations; Deposits; Market value; Development assistance; Capital account; Reserve fund

Language

English

Type

Text; Working Paper

In AGRIS since: 2016-03-15

Format: AGRIS AP

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Taking Stock : An Update on Vietnam's Recent Economic Developments, July 2014 | Diem lai : cap nhat tinh hinh phat trien kinh te Vietnam

2014

AGROVOC Keywords

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