Regional Economic Outlook: Asia and Pacific, September 2006
Asia and Pacific, September 15, 2006
Source details
- Canonical URL
- Regional Economic Outlook: Asia and Pacific, September 2006
Other formats
Bibliographic details
- Published: September 15, 2006
- Series: Asia and Pacific
Executive summary and outlook
- The report gives the IMF's view of the outlook for Asia, identifies the main risks to growth, and considers the key factors that will influence capital inflows.
- The REO discusses short-run macroeconomic policy issues for the region and longer-term challenges:
- the need to raise consumption and rebalance growth,
- develop further regional financial and capital markets,
- address growing income inequality.
- Press Release title: "IMF Asia and Pacific Regional Outlook Cites Region's Strong Growth Prospects, Highlights Global Risks and Medium-Term Challenges, September 16, 2006."
Major themes and analysis areas (report structure)
- I. Recent Developments and Outlook
- Growth
- Inflation
- External Sector
- Risks
- II. Financial Developments in Emerging Asia
- Assessment of the Recent Correction
- Outlook for Capital Inflows to Emerging Asia
- III. Macroeconomic Policy Issues
- Monetary Policy
- Fiscal Policy
- IV. Asian Equity Markets: Growth, Opportunities, and Challenges
- The Emergence of Asian Stock Markets
- Performance of Asian Emerging Stock Markets
- Valuation of Asian Markets
- Equity Prices and Economic Activity
- Policy Implications
- V. Private Consumption in Emerging Asia
- Introduction
- Private Consumption Trends in Emerging Asia
- Determinants of Private Consumption in Emerging Asia
- Estimation Results
- Is Private Consumption in Emerging Asia Too Low?
- Potential Policy Implications
- VI. Rising Inequality and Polarization in Asia
- Trends and Patterns
- Determinants of Inequality and Polarization
- Did the Asian Crisis Increase Inequality
- Conclusion
- Data Appendix
Specific issues highlighted
- Capital inflows
- The report considers the key factors that will influence capital inflows to emerging Asia.
- Short-run macroeconomic policy
- Monetary Policy
- Fiscal Policy
- Longer-term structural challenges
- Raising private consumption and rebalancing growth toward domestic demand.
- Further development of regional financial and capital markets.
- Addressing growing income inequality and social polarization.
Boxes and focused studies included
- 1.1. Outlook for Asia’s Electronics Sector
- 1.2. The Impact of Japan’s Recovery on Asia
- 1.3. Spillovers from Asia Are Affecting Australia and New Zealand
- 1.4. Worker’s Remittances: A Gravity Model
- 1.5. Pacific Island Countries: Regional Issues and Prospects
- 2.1. Hedge Funds—Recent Developments in Asia
- 4.1. Capital Flows in Emerging Asia: How Volatile Are They?
- 4.2. Fostering Financial Integration and Economic Stability
- 5.1. Credit, Investment, and Growth in Post-Crisis Asia: A Tale of Two Sectors
- 6.1. Spatial Inequality in China and India
- 6.2. Income Inequality and Social Polarization in Korea
Regional Economic Outlook: Asia and Pacific, September 2006
Content in this bundle
- Regional Economic Outlook: Asia and Pacific, September 2006
- IMFアジア太平洋地域経済見通し 2006年9月 - 要旨