Regional Economic Outlook, April 2008, Asia and Pacific

Asia and Pacific, April 12, 2008

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Regional Economic Outlook, April 2008, Asia and Pacific

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Bibliographic details

• Published: April 12, 2008
• Series: Asia and Pacific
• DOI: https://doi.org/10.5089/9781589067103.086

Overview and near-term outlook

• 2008 is shaping up as a challenging year for Asia.
• Activity in most economies remains fairly buoyant.
• Growth in the United States and, to a lesser extent, Europe is slowing sharply.
• Given its extensive trade and financial linkages with the rest of the world, Asia is unlikely to delink.
• Inflation pressures are picking up across much of the region.
• The still-unfolding global financial crisis adds a dimension of uncertainty to the picture.
• The balance of risks remains on the downside.
• Most countries in the region are well-placed to undertake counter-cyclical policies should these prove necessary.

Key subjects and themes covered

• Banking
• Credit
• Export performance
• Exports
• Inflation
• International trade
• Money
• Oil prices
• Prices

Geographic and thematic keywords

• Asia
• Asia and Pacific
• Australia and New Zealand
• Credit
• Eastern Europe
• Export performance
• Exports
• exposure to the United States
• Global
• Inflation
• Middle East
• Oil prices
• price
• recession
• recession in the United States
• recession-event study
• REO
• spillovers from the United States
• trade exposure
• U.S. dollar

References

• https://www.imf.org/en/publications/reo/apac
• United States and the IMF
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• Banking
• Credit
• Export performance
• Exports
• Inflation
• International trade
• Money
• Oil prices
• Prices
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