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Bert Hofman

Type: Person

Name: Bert Hofman

First reported Apr 28 2013 - Updated Apr 28 2013 - 1 reports

Thailand's economy is on fire, but is it too hot to handle?

As well as dousing each other liberally with water during the recent Songkran festival to mark the country's traditional New Year's Day holiday, Thais will have spent freely on parties and celebrations, on making merit, on travel and on consumer and luxury ... [Published Abu Dhabi National - Apr 28 2013]

Entities: Thailand, Consumer Confidence, Infrastructure

First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Search Seoul for answers

Five years after the worst economic crisis since the Great Depression, developing nations confront a nasty pair of threats: an excruciatingly slow global recovery, and the tsunami of easy money that rich-world central bankers have unleashed as they try ... [Published Sydney Morning Herald - Apr 23 2013]

Entities: Seoul, China, South Korea

First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Country Analysis: China

Last week's announcement from China was a disappointment for the markets as a whole and a reversal of recent good news: rose 7.7 percent from a year earlier, the National Bureau of Statistics said in Beijing today. That compares with the 8 percent median ... [Published Seeking Alpha - Apr 23 2013]

Entities: China, Growth Rates, Entrepreneur, Bert Hofman

First reported Apr 20 2013 - Updated Apr 20 2013 - 1 reports

European Union

Strong growth in Asia but overheating a risk: WB

East Asian and Pacific economies will grow 7.8 percent this year on robust domestic demand, the World Bank said on Monday, but it warned countries to guard against overheating in credit and asset prices.The forecast is up from 7.5 percent last year, but ... [Published Intellasia.net - Apr 20 2013]

Entities: Bert Hofman, Stock Market, Japan, European Union

First reported Apr 18 2013 - Updated Apr 18 2013 - 1 reports

World Bank finds anxiety among investors on reforms, stability in India

International News: WASHINGTON: There is anxiety among investors not only on the pace and nature of economic reforms but also political stability in India, a top World Bank official has said. This, he said, could be the possible reason for slowdown in ... [Published KeralaNext.com - Apr 18 2013]

Entities: World Bank Group, Gross Domestic Product, Bert Hofman, India, Reformism

First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

World Bank Group

WB Warns of East Asia-Pacific Overheating

The World Bank on Monday changed slightly its forecast of the economy growth of developing countries in East Asia and Pacific in 2013, and at the same time warned of possible overheating in the regions’ large economies.The forecast was revised downward ... [Published Iran Daily - Apr 17 2013]

Entities: China, Bert Hofman, World Bank Group

First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

Bank of East Asia Ltd

East Asia Pacific region to grow at 7.8% but with inflation concerns and inclusive growth challenge ahead, says World Bank

``Most countries in developing East Asia are well prepared to absorb external shocks, but continued demand-boosting measures may now be counterproductive, as it could add to inflationary pressures,``said World Bank East Asia and Pacific Chief Economist ... [Published Eastwind - Apr 17 2013]

Entities: World Bank Group, Inflation, Bert Hofman, Bank of East Asia Ltd

First reported Apr 16 2013 - Updated Apr 16 2013 - 1 reports

Developing Asian Nations Need to Halt Easing Policies

The World Bank is urging developing economies in East Asia and Pacific, including Indonesia, to put a brake on monetary and fiscal policies that boost consumer demand, arguing that such actions would add to inflationary pressures as the global economy ... [Published Jakarta Globe - Apr 16 2013]

Entities: Indonesia, World Bank Group, Bert Hofman, Inflation

First reported Apr 15 2013 - Updated Apr 16 2013 - 10 reports

World Bank retains forecasts

“In the Philippines, the fundamentals remain strong, policy responses have been appropriate so far, and reform efforts by the government appear sustainable,” the bank said in its latest East Asia and the Pacific (EAP) report, where it also retained a ... [Published Business World - Apr 15 2013]

Entities: World Bank Group, Philippines, Bert Hofman

First reported Apr 15 2013 - Updated Apr 15 2013 - 3 reports

World Bank Cuts East Asia Growth Forecast and Warns of Overheating Risk

Emerging economies in the East Asia and Pacific region may see their growth slowing down in 2013, irrespective of being an engine of global growth last year with strong domestic growth, according to the World Bank.In its East Asia and the Pacific Economic ... [Published International Business Times UK - Apr 15 2013]

Entities: World Bank Group, Bert Hofman, Bank of East Asia Ltd

First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

World Bank’s Hofman on Global Economy

April 15 (Bloomberg) -- Bert Hofman, the World Bank’s chief economist for East Asia and the Pacific, talks about the outlook for the global economy. Asia’s emerging economies should consider reining in monetary stimulus to curb the risks of asset bubbles ... [Published BusinessWeek - Apr 15 2013]

Entities: Bert Hofman, World Bank Group, Bloomberg TV, Hugo Swire

Quotes

Commenting on risks to the broader South-east Asian region, Bert Hofman, the World Bank's chief regional economist, said: "continued demand-boosting measures may now be counterproductive as it could add to inflationary pressure … a strong rebound in capital inflows to the region induced by protracted rounds of quantitative easing in the us, eu and japan, may amplify credit and asset price risks."

Thailand's economy is on fire, but is it too hot to handle? [Published Abu Dhabi National - Apr 28 2013]

"japan is trying to get out of this low spend, deflationary environment... if that works, that is good for the world economy, and good for the region. it means a large economy may start growing again" Hofman told at a media briefing

World Bank finds anxiety among investors on reforms, stability in India [Published KeralaNext.com - Apr 18 2013]

"continued demand-boosting measures may now be counter-productive as it could add to inflationary pressure" said Bert Hofman, the bank's chief regional economist

WB sees strong growth in Asia but warns of overheating risks [Published Brunei Times - Apr 16 2013]

More Content

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Thailand's economy is on fire, but is it too ho... [Published Abu Dhabi National - Apr 28 2013]
Search Seoul for answers [Published Sydney Morning Herald - Apr 23 2013]
Country Analysis: China [Published Seeking Alpha - Apr 23 2013]
Strong growth in Asia but overheating a risk: WB [Published Intellasia.net - Apr 20 2013]
World Bank finds anxiety among investors on ref... [Published KeralaNext.com - Apr 18 2013]
Strong domestic demand hikes East Asia & Pacifi... [Published Fibre 2 Fashion - Apr 17 2013]
WB Warns of East Asia-Pacific Overheating [Published Iran Daily - Apr 17 2013]
East Asia Pacific region to grow at 7.8% but wi... [Published Eastwind - Apr 17 2013]
Developing Asian Nations Need to Halt Easing Po... [Published Jakarta Globe - Apr 16 2013]
WB sees strong growth in Asia but warns of over... [Published Brunei Times - Apr 16 2013]
Top stories of the day: China marcroeconomy-Apr... [Published Individual.com - Apr 16 2013]
Economies of developing East Asia to be engine ... [Published Online News Pakistan - Apr 16 2013]
East Asia growth view cut [Published Khaleej Times - Apr 15 2013]
World Bank: Strong growth in Asia but overheati... [Published Korea Herald - Apr 15 2013]
World Bank retains forecasts [Published Business World - Apr 15 2013]
East Asia's growth forecasts lowered [Published Business Times Malaysia - Apr 15 2013]
Overheating a ‘risk’ in Asia: World Bank [Published Times of Oman - Apr 15 2013]
Consumer stimulus may have outlived usefulness: WB [Published The Nation - Thailand - Apr 15 2013]
East Asia growth estimate cut by World Bank [Published Bobsguide - Apr 15 2013]
Asia growth strong: World Bank [Published Business Spectator - Apr 15 2013]
World Bank warns of 'overheating economies' in ... [Published Travel Retail Industry - Apr 15 2013]
World Bank sees overheating risk in Asia [Published Gulf News - Apr 15 2013]
Asia growth strong, overheating risk: WB [Published NineMSN Finance - Apr 15 2013]
World Bank warns of 'overheating Asian economies' [Published Travel Retail Industry - Apr 15 2013]
Strong Domestic Demand Drives Increasing Growth... [Published Finchannel.com - Apr 15 2013]
Roundup: WB warns of possible overheating in Ea... [Published Scottrade - Apr 15 2013]
Cautious optimism [Published Bangkok Post - Apr 15 2013]
Asia Pacific Economic Update [Published Live Trading News - Apr 15 2013]
World Bank Cuts East Asia Growth Forecast and W... [Published International Business Times UK - Apr 15 2013]
Strong growth in Asia but overheating a risk: W... [Published Dunya News - Apr 15 2013]

Blogs

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Building Capacity for Urban Transport Planning [Published blogs.worldbank.org - Feb 04 2013] Comprehensive planning for urban transport is extremely important and piecemeal solutions have not been effective. For instance, efforts that only focus on construction, such as building flyovers or high-cost mass transit systems, are inadequate ...

Audio/Video

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World Bank upbeat on Asia's 2013 prospects [Published Reuters Video: Business - Dec 24 2012]