Regional Economic Outlook: Asia and Pacific, May 2009

Business & Finance, Economics, International Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Regional Economic Outlook: Asia and Pacific, May 2009 by International Monetary Fund. Asia and Pacific Dept, INTERNATIONAL MONETARY FUND
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Author: International Monetary Fund. Asia and Pacific Dept ISBN: 9781452722085
Publisher: INTERNATIONAL MONETARY FUND Publication: May 5, 2009
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: International Monetary Fund. Asia and Pacific Dept
ISBN: 9781452722085
Publisher: INTERNATIONAL MONETARY FUND
Publication: May 5, 2009
Imprint: INTERNATIONAL MONETARY FUND
Language: English
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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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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