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Implications of Heightened Global Uncertainty for the East Asia and Pacific Region

Washington, DC: World Bank

🛡CC BY-NC 3.0 IGOPermitted use with attribution

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Abstract

Macroeconomic, financial, and policy-related uncertainty have increased since the COVID-19 pandemic globally and in individual developing economies in the East Asia and Pacific (EAP) region. Uncertainty shocks can transmit across borders and their economic consequence is quite sizeable, affecting both the financial sector and the real economy in the EAP region.

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