East Asia and Pacific remains one of the main drivers of the world economy, accounting for nearly two-fifths of global economic growth. Extreme poverty in the EAP region has decreased sharply—from 29.1% in 2002 to 7.2% in 2012—but much more still needs to be done as an estimated 379 million people lived in poverty in 2014 and remain vulnerable to falling back into extreme poverty.
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December 19, 2016 — Malaysia's economy remains resilient to external headwinds, with GDP growth projected around 4.2 percent in 2016 and 4.3 percent in 2017, according to new economic analysis from the World Bank.
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