Regional Economic Outlook, April 2008, Asia and Pacific

April 12, 2008

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Format: Chicago

Regional Economic Outlook, April 2008, Asia and Pacific, (USA: International Monetary Fund, 2008) accessed September 21, 2024

Summary

2008 is shaping up as a challenging year for Asia. Activity in most economies remains fairly buoyant, but 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. At the same time, inflation pressures are picking up across much of the region. Moreover, the still-unfolding global financial crisis adds a dimension of uncertainty to the picture, and the balance of risks remains on the downside. However, most countries in the region are well-placed to undertake counter-cyclical policies should these prove necessary.

Subject: Banking, Credit, Export performance, Exports, Inflation, International trade, Money, Oil prices, Prices

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

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Asia and Pacific
Stock No:

REOAPDEA2008001
ISBN:

9781589067103
ISSN:

2071-4165

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