Regional Economic Outlook, April 2010, Asia and Pacific: Leading the Global Recovery, Rebalancing for the Medium Term
Volume/Issue:
Volume 2010
Issue 002
Publication date: May 2010
ISBN: 9781589069176
$20.00
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Topics covered in this book
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Banks and Banking , Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , REO , economy , Asia , export , consumer confidence , cost of capital , saving-investment norm , inventory cycle , consumer goods , Exports , Capital inflows , Consumption , Asset prices , Central bank policy rate , Asia and Pacific , Global , Australia and New Zealand , Caribbean
Summary
One year after the deepest recession in recent history, Asia is leading the global recovery. The Regional Economic Outlook: Asia and Pacific discusses the near-term outlook for the region, as well as the medium-term policy challenges that countries face. As in many emerging and developing markets, Asia rebounded swiftly during 2009 and in the first quarter of 2010, and in the near term the region is expected to continue leading the global recovery. In the medium term, the global crisis has highlighted the importance for Asia of ensuring that private domestic demand becomes a more prominent engine of growth.
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