Posted on July 21, 2014 by iMFdirect |
By Min Zhu (Versions in 中文) Asia is set to be the powerhouse for growth in the next decade, just as it was in the last one. The size of its economy is expected to expand more rapidly than the other regions of the world, and its share in the world output is expected to […]
Filed under: Asia, Emerging Markets, Employment, Finance, Financial Crisis, Financial regulation, Globalization, growth, IMF, Inequality, International Monetary Fund, Investment | Tagged: Asian financial crisis, bond markets, China, financial services, income inequality, India, Indonesia, Japan, Korea, Min Zhu, population aging | Leave a Comment »
Posted on May 5, 2014 by iMFdirect |
By Romain Duval (Version in 中文, and 日本語) In recent decades, trade integration within Asia has increased more than in other regions. In valued-added terms, intraregional trade grew on average by over 10 percent a year from 1990 to 2012, twice the pace seen outside of Asia. Likewise, financial integration within the region has started to catch up, […]
Filed under: Advanced Economies, Asia, Economic Crisis, Economic research, Emerging Markets, Fiscal policy, growth, IMF, International Monetary Fund, Low-income countries | Tagged: ASEAN, China, euro area, global trade, Korea, Malaysia, Regional Economic Outlook: Asia, spillovers, Taiwan, Thailand | Leave a Comment »
Posted on April 30, 2014 by iMFdirect |
By Edda Zoli (Version in 中文, and 日本語) Booming real estate markets, rapid credit growth and—at least before the Fed’s tapering announcement last year—sustained capital inflows have raised financial stability challenges across many parts of Asia. To address them, policymakers have increasingly made use of macroprudential policies that address the stability of the financial system as a […]
Filed under: Asia, Economic outlook, Economic research, Fiscal policy, growth, IMF, International Monetary Fund | Tagged: IMF, International Monetary Fund, Macro-prudential policies: Asian perspectives, monetary policy, regional economic outlook | Leave a Comment »
Posted on November 29, 2013 by iMFdirect |
By Christine Lagarde In a couple of days, I will embark upon a trip to Asia. Every time I visit Asia, I can feel that dynamism and intensity are in the air. It feels like moving forward in time. Hardly surprising as under current trends, developing Asia alone will account for half of global GDP […]
Filed under: Asia, Emerging Markets, growth, IMF, International Monetary Fund, Low-income countries | Tagged: cambodia, Christine Lagarde, education, India, Korea, Myanmar, People's Bank of China, women | 1 Comment »
Posted on May 8, 2013 by iMFdirect |
By Anoop Singh (Versions in 中文 and 日本語) Fiscal management has improved in Asia over the past decade. It has become more responsive to economic conditions and thereby helped stabilize growth, especially during the global financial crisis. While these are important achievements, major challenges still lie ahead—as our latest Asia and Pacific Regional Economic Outlook points out. What are these […]
Filed under: Advanced Economies, Asia, Economic Crisis, Emerging Markets, Finance, Financial Crisis, growth, IMF, International Monetary Fund | Tagged: infrastructure, investment, public spending, reform | Leave a Comment »
Posted on April 29, 2013 by iMFdirect |
By Anoop Singh (Versions in 中文 and 日本語) Emerging economies in Asia have weathered the global financial crisis relatively unscathed and appear to be on track for continued strong growth this year and the next. Perhaps because the region has been doing rather well, policymakers’ concerns have increasingly shifted towards medium-term risks: could growth and fast convergence to […]
Filed under: Advanced Economies, Asia, Economic Crisis, Emerging Markets, Financial Crisis, growth, IMF, International Monetary Fund | Tagged: China, IMF, iMFdirect, India, International Monetry Fund, Korea, Labor, middle income countries, reform, Singapore, Taiwan, Thailand, the Philippines | Leave a Comment »
Posted on June 10, 2012 by iMFdirect |
Going forward, while the space for a macroeconomic policy response is smaller than it was entering the global financial crisis, Asia’s policymakers still have ample room to react appropriately to a sharp deleveraging of foreign banks arising from a euro area shock. In addition, capital adequacy ratios, which exceed regulatory norms in most economies, and low nonperforming loan ratios, combined with room to offer liquidity support, suggest that relatively healthy local banking systems should also provide a buffer, as they did in the wake of the global financial crisis.
Filed under: Asia, Economic Crisis, Economic outlook, Emerging Markets, Employment, Europe, Finance, Globalization, International Monetary Fund, Investment, Politics, recession | Tagged: Anoop Singh, ASEAN South East Asia, Australia, banks, Bear Stearns, deleveraging, Hong Kong SAR, iMFdirect, Korea, Lehman Brothers, Malaysia, New Zealand, Singapore, Taiwan Province of China, United Kingdom | 1 Comment »
Posted on October 31, 2011 by iMFdirect |
Looking beyond growth rates, one challenge that stands out for the Caucasus and Central Asia region as a whole is to create jobs.
Filed under: Asia, Economic research, Emerging Markets, Employment, growth, Middle East | Tagged: Armenia, Azerbaijan, Central Asia, Georgia, jobs, Kazakhstan, Kyrgyz Republic, skills mismatch, Tajikistan, Uzbekistan | 6 Comments »
Posted on October 13, 2011 by iMFdirect |
Recent large equity sell-offs across Asia and safe haven flows into Japan illustrate perfectly the region’s vulnerabilities to further global shocks. While the region’s fundamentals—built up over the past decade—remain relatively strong, economic uncertainties in Europe and the United States pose large downside risks.
The world economy has entered a dangerous new phase and, as the IMF’s Managing Director stated recently, “what makes the situation all the more urgent is that it has implications for every country.”
Our Regional Economic Outlook for Asia and the Pacific emphasizes these risks, and stresses the need for policymakers to remain vigilant and nimble in this extraordinarily uncertain climate. The view from here in Tokyo—looking out at the region—may be more serene than the view from other advanced country capitals, but there are storm clouds on the horizon.
Filed under: Asia, Economic outlook, Emerging Markets, Europe, growth, IMF, Inequality, International Monetary Fund, Low-income countries | Tagged: credit growth, derivative markets, domestic demand, downside risks, economic rebalancing, external shocks, foreign investors, global demand, iMFdirect, inclusive growth, inflation, infrastructure investment, International Monetary Fund, monetary policy, overheating, Regional Economic Outlook: Asia and Pacific, stressed banks, unemployment | 1 Comment »