Regional Economic Outlook, April 2008, Asia and Pacific
Download or Read eBook Regional Economic Outlook, April 2008, Asia and Pacific PDF written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2008-04-12 with total page 51 pages. Available in PDF, EPUB and Kindle.
Author | : International Monetary Fund. Asia and Pacific Dept |
Publisher | : International Monetary Fund |
Total Pages | : 51 |
Release | : 2008-04-12 |
ISBN-10 | : 9781589067103 |
ISBN-13 | : 158906710X |
Rating | : 4/5 (03 Downloads) |
Book Synopsis Regional Economic Outlook, April 2008, Asia and Pacific by : International Monetary Fund. Asia and Pacific Dept
Book excerpt: 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.