Regional Economic Outlook, October 2009, Asia and Pacific: Building a Sustained Recovery

April 27, 2009

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Format: Chicago

Regional Economic Outlook, October 2009, Asia and Pacific: Building a Sustained Recovery, (USA: International Monetary Fund, 2009) accessed December 22, 2024

Summary

Asia has rebounded fast from the depth of the global crisis. Initially, the region was hit extremely hard, with output in most countries shrinking by much more than even those nations at the epicenter of the crisis. But starting in February 2009, Asia's economy began to revive. Exports and industrial production have increased again, financial pressures have eased, confidence has largely been restored. What explains this remarkable comeback? What challenges does the recovery pose to Asian policymakers? These are the main questions addressed in the IMF's October 2009 "Regional Economic Outlook: Asia and Pacific." The report discusses the latest developments in Asia, examines the prospects for the period ahead, and considers the policy steps needed to sustain the recovery and rebalance Asia's medium-term growth. Published biannually in May and October.

Subject: Corporate governance, Credit, Economic sectors, Exports, Fiscal policy, Fiscal stimulus, Income, International trade, Money, National accounts

Keywords: Asia and Pacific, Australia and New Zealand, Bank of Japan assets, Banking crisis, Corporate governance, Credit, Disengagement strategy, Exit experience, Exports, Firm, Fiscal stimulus, Global, Growth miracle, IMF staff calculation, Income, Japan, Net, REO, Savings, Savings decision, Shareholding company

Publication Details

Pages:

84
Volume:

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DOI:

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Issue:

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Series:

Asia and Pacific
Stock No:

REOAPDEA2009002
ISBN:

9781589068568
ISSN:

2071-4149

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