MANILA – Asia’s emerging economies should consider reining in monetary stimulus to curb the risks of asset bubbles and inflation as policy easing in developed nations, including Japan, spur capital inflows, the World Bank said.
Demand-boosting measures that helped sustain growth “may now be counterproductive,” the lender said in its East Asia and Pacific Economic Update released Monday.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.