Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out

East Asia and Pacific Economic Update, May 2012 - A success story

May 23, 2012

As of May 2012, economic growth in the developing East Asia and Pacific region remains strong and poverty continues to fall. But the with the global slowdown expected to continue, the region needs to reduce its reliance on exports and rebalance toward domestic demand, investing in productivity increases.