| Abstract: | After bottoming out last year, the emerging economies of East Asia are recouping their losses and setting out onto the fast growth track.But short-term growth does not necessarily indicate a prosperous future-the region still needs to rebalance its economies and precipitate a massive shift to green technologies and energy efficiency. The World Bank discussed this issue in the latest EastAsia & Pacific Economic Update,a biannual assessment of economies in the region.Edited excerpts follow: |
