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Economic Outlook for Southeast Asia, China and India 2024 : Developing amid Disaster Risks / OECD.
- Format:
- Book
- Author/Creator:
- Organisation for Economic Co-operation and Development, author, issuing body.
- Language:
- English
- Subjects (All):
- Emergency management.
- Natural disaster warning systems.
- Physical Description:
- 1 online resource : illustrations
- Place of Publication:
- Paris : OECD Publishing, 2024.
- Summary:
- The Economic Outlook for Southeast Asia, China and India is a regular publication on regional economic growth and development in Emerging Asia - Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam, as well as China and India. It comprises three parts: a regional economic monitor, a thematic chapter addressing a major issue facing the region, and a series of country notes. The 2024 edition discusses the region's macroeconomic challenges such as external headwinds, impacts of El Niño and elevated levels of private debt. The thematic chapter focuses on strategies to cope with more frequent disasters. Emerging Asia is among the world's most disaster-prone regions, and the threat of disasters, such as floods, storms, earthquakes and droughts, is increasing. The report explores how countries can reduce disaster risks and improve resilience by developing a comprehensive approach involving policy measures such as improving governance and institutional capacity, ensuring adequate budgets and broadening financing options, strengthening disaster-related education, improving land planning, investing in disaster-resilient infrastructure and disaster-related technology, improving health responses, and facilitating the role of the private sector.
- Contents:
- Foreword
- Acknowledgements
- Executive summary
- Overview
- Growth in Emerging Asia remains resilient but faces challenges and risks
- Emerging Asia needs holistic approaches to disaster resilience
- Country notes on disaster risks
- Notes
- References
- 1 Macroeconomic challenges and risks in Emerging Asia
- Introduction
- Macroeconomic development in Emerging Asian countries
- Merchandise trade in Emerging Asia show signs of recovery
- Manufacturing activity in Emerging Asia improves amid better external conditions
- Trade in intermediate goods will strengthen as external challenges ease
- Foreign direct investment is expected to pick up
- Services trade moderated but will remain stronger than goods export growth
- Financial markets show nascent signs of improvement though they are still constrained by tight policy rates
- Ongoing property market adjustment in China could present challenges for the region
- Emerging Asia must cope with extreme weather
- The latest EI Nino episode adds to growth concerns
- El Nino as a supply-side drag can harm growth in numerous ways
- El Nino can exacerbate inflationary pressures and threaten food security in the region
- Elevated levels of debt, particularly private debt could threaten the growth prospects and financial stability
- Elevated debt burden puts growth at risk in countries with highly indebted private sectors
- Concerted monetary, fiscal and regulatory policies may be needed
- 2 A holistic approach to disaster-resilient development
- Transforming governance and improving institutional capacity amid rising disaster risks
- Ensuring adequate budgets for coping with disasters
- Broadening disaster risk financing options
- Investing in disaster-resilient infrastructure
- Addressing disaster-related migration and improving land-use planning
- Developing disaster-related technology
- Strengthening disaster risk reduction training and education
- Improving health responses to disasters in Emerging Asia
- Facilitating the role of the private sector
- Conclusion
- Country notes on disaster risks in the ASEAN-5 countries
- Indonesia
- Malaysia
- Philippines
- Thailand
- Viet Nam
- Country notes on disaster risks in Brunei Darussalam and Singapore
- Brunei Darussalam
- Singapore
- Country notes on disaster risks in the CLM countries
- Cambodia
- Lao PDR
- Myanmar
- Country notes on disaster risks in China and India
- China
- India
- FIGURES
- TABLES
- BOXES.
- Notes:
- Description based on publisher supplied metadata and other sources.
- ISBN:
- 9789264610040
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