1 “... recovery. The main short-term risk to the outlook is a further intensification of the euro area crisis...”

2 “... to the euro area crisis. However, the state has prepared for any downside risks, and approaches...”

3 “... housing market prices in Japan in the past twenty years. Large cities, notably the Greater Tokyo area...”

4 “... is vulnerable to the negative effects of climate change, as the population inhabit in a narrow coastal area...”

5 “... financial markets in August and September 2011 underscores that an escalation of euro area financial...”

6

7 “.... The economy has made further solid progress in these areas, which is reassuring. Progress has also been made...”

8 “...Although Timor-Leste has made considerable progress in many areas since its independence in 2002...”

9 “..., but unevenly across key areas...”

10 “..., but unevenly across key areas...”

11 “... and noncommercial services, and introduce tariff systems that better reflect cost of services. In areas where SOEs...”

12 “..., although progress has been limited in some areas...”

13 “... on mineral exports. Structural reforms progressed in several key areas: the budget process is more resilient...”

14 “... significantly in the areas of social safety nets, education/retraining, and infrastructure to cope...”

15 “... and advancing reforms in areas such as banking regulation, governance, and business climate. Continued progress...”

16 “... quality job-rich growth, underpinned by comprehensive reform in areas of education, health, land...”

17 “... in public capital spending, and structural reforms in key areas....”

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