World Bank Cuts Developing East Asia Forecast

World Bank Cuts Developing East Asia Forecast

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Business

University

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The video discusses the World Bank's revised growth forecasts for East Asia, focusing on China's economic slowdown and its impact on the region. The forecast for China has been lowered due to moderating growth and lack of massive stimulus. The video also highlights uncertainties affecting regional growth, such as risks in the euro area and Japan. Growth in the region, excluding China, is expected to accelerate due to recovery in high-income economies and domestic reforms. Malaysia's growth forecast is raised due to strong exports. China's growth is expected to slow as the government addresses financial vulnerabilities.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the revised growth forecast for China in 2014 according to the World Bank?

7.6%

7.4%

7.2%

6.9%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factors are mentioned as potential risks to the region's growth?

Technological advancements

High inflation rates

Increased foreign investments

Downside risks in the euro area and Japan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth rate for the region excluding China next year?

6.0%

4.8%

5.7%

5.3%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was Malaysia's growth forecast raised for this year?

Strong export numbers

Increased foreign investments

Government subsidies

Higher domestic consumption

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures is the Chinese government implementing to address economic challenges?

Increasing foreign debt

Implementing financial policies to address vulnerabilities

Expanding the manufacturing sector

Reducing export tariffs