South Asia Economic Focus, Spring 2014 : Time to Refocus
South Asia experienced a strong cyclical rebound in 2013Q3 growth but has since slowed again. The strong regional growth performance between July and September 2013 can be largely attributed to a temporary pick up in export growth, investment activ...
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Language: | English en_US |
Published: |
Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/04/19374967/time-refocus http://hdl.handle.net/10986/17868 |
Summary: | South Asia experienced a strong cyclical
rebound in 2013Q3 growth but has since slowed again. The
strong regional growth performance between July and
September 2013 can be largely attributed to a temporary pick
up in export growth, investment activity, as well as
stronger agricultural output. Since the large impact of
global portfolio rebalancing in May 2103, emerging markets
have separated into a diverse group ranging from
continuously fragile to resilient vis-a-vis external
pressures. India has managed to turn around the wheel and
minimize exposure to further tapering in 2014. Weak growth
and exchange rate depreciation have characterized India for
some time. Capital inflows into South Asia have regained
some momentum and proved more resilient in January 2014 as
opposed to May 2013. This report presents recent economic
developments; outlook and policy; focus: from external to
domestic risk; South Asia country briefs for Afghanistan,
Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and
Sri Lanka; and South Asia at a glance. |
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