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November 2009 East Asia and Pacific Update
Embargoed until November 3, 2009\u2013 11:00 pm Washington DC time
Page 1
A WORLD BANK ECONOMIC UPDATE FOR THE EAST ASIA AND PACIFIC REGION
Transforming the Rebound into
Recovery
East Asia and Pacific Update
November, 2009
EMBARGOED UNTIL NOVEMBER 3, 2009\u2013 11:00 PM (WASHINGTON DC TIME).
A FINAL DESIGNED VERSION WILL BE AVAILABLE AT THE TIME OF THE LAUNCH.

The East Asia and Pacific Update was prepared by Ivailo Izvorski and Antonio Ollero under the guidance of Vikram Nehru (East Asia and Pacific Regional Chief Economist and Director, Department for Poverty Reduction, Economic Management, Private and Financial Sector Development). Inputs and comments were provided by country economists and analysts across World Bank offices in East Asia and the Pacific, and by Andrew Burns, Ratchada Anantavrasilpa, Kirida Bhaopichitr, Eric Le Borgne, Mansoor Dailami, Sung-Soo Eun, Xu Gao, Ardo Hansson, Louis Kuijs, Sepideh Khazai, Ulrich Lachler, Sheryll Namingit, Frederico Gil Sander, Philip Schellekens, Manohar Sharma, Ashley Taylor, Hans Timmer, Thang-Long Ton, Ekaterina Vostroknutova, and Xiao Ye. The update has benefitted from the assistance and guidance on design and external communications by Mohamad Al-Arief and the External Affairs Team.

Emerging East Asia as used in this report includes Developing East Asia (China, Indonesia, Malaysia, Philippines, Thailand, Cambodia, Lao PDR, Mongolia, Papua New Guinea, Timor-Leste, Vietnam and the island economies in the Pacific) and the Newly Industrialized Economies (NIEs). The NIEs include Hong Kong (SAR, China), Korea, Singapore and Taiwan, China. Middle-income countries, as used in this report, refer to China, Indonesia, Malaysia, the Philippines and Thailand. Low-income countries as used in this report include Cambodia, Lao PDR and Vietnam.

The ASEAN member countries are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. ASEAN+3 refers to all members of ASEAN plus China, Korea and Japan, and ASEAN+6 also includes Australia, India and New Zealand.

November 2009 East Asia and Pacific Update
Embargoed until November 3, 2009\u2013 11:00 pm Washington DC time
Page 2
November 2009 East Asia and Pacific Update
Embargoed until November 3, 2009\u2013 11:00 pm Washington DC time
Page 3
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