Regional Economic Outlook, May 2009, Asia and Pacific : Global Crisis: The Asian Context.

Asia has been hard hit by the global financial crisis. Despite strong fundamentals, its pervasive linkages to the rest of the world have exposed it to the collapse of demand and credit in advanced countries. Exports and industrial production have fallen sharply, capital has started to flow out of th...

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Bibliographic Details
Corporate Author: International Monetary Fund. Asia and Pacific Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:Regional Economic Outlook
Online Access:Full text available on IMF
Description
Summary:Asia has been hard hit by the global financial crisis. Despite strong fundamentals, its pervasive linkages to the rest of the world have exposed it to the collapse of demand and credit in advanced countries. Exports and industrial production have fallen sharply, capital has started to flow out of the region, and leading indicators suggest further weakness ahead. Against this background, the May 2009 APD REO will discuss the latest developments in Asia, examine the prospects for the period ahead, and consider the policy steps needed to revive economic activity and restore corporate and financial sector health.
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Physical Description:1 online resource (96 pages)
Format:Mode of access: Internet
ISSN:2071-4149
Access:Electronic access restricted to authorized BRAC University faculty, staff and students