Regional Economic Outlook, October 2009, Asia and Pacific: Building a Sustained Recovery
Asia and Pacific, April 27, 2009
Source details
- Canonical URL
- Regional Economic Outlook, October 2009, Asia and Pacific: Building a Sustained Recovery
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Bibliographic details
- Published: April 27, 2009
- Series: Asia and Pacific
- DOI: https://doi.org/10.5089/9781589068568.086
Executive summary and main questions
- 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.
- 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.
- Central questions addressed:
- What explains this remarkable comeback?
- What challenges does the recovery pose to Asian policymakers?
- 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.
Key findings and developments
- Rapid post-crisis rebound in Asia following severe initial output contractions.
- Revival observed across exports, industrial production, financial conditions, and confidence indicators.
- Emphasis on understanding drivers of recovery and implications for policy.
Policy considerations highlighted
- Focus on policy steps needed to:
- Sustain the recovery.
- Rebalance Asia's medium-term growth.
- Topics associated with policy analysis (as listed under Subject and Keywords): Corporate governance, Credit, Economic sectors, Exports, Fiscal policy, Fiscal stimulus, Income, International trade, Money, National accounts.
- Keywords signposting analytical themes: 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 and metadata
- Publication date on page: April 27, 2009
- Pages: 84
- Volume: 2009
- Issue: 002
- Series:
- Stock No: REOAPDEA2009002
- DOI: https://doi.org/10.5089/9781589068568.086
- ISBN: 9781589068568
- ISSN: 2707-8086
International Monetary Fund. Regional Economic Outlook, October 2009, Asia and Pacific: Building a Sustained Recovery.
Content in this bundle
- Regional Economic Outlook: Asia and Pacific; October 2009
References
- https://www.imf.org/en/publications/reo/apac
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- Corporate governance
- Credit
- Economic sectors
- Exports
- Fiscal policy
- Fiscal stimulus
- Income
- International trade
- Money
- National accounts
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