Regional Economic Outlook, October 2011: Asia and Pacific - Navigating an Uncertain Global Environment While Building Inclusive Growth
()
Currently unavailable
Currently unavailable
About this ebook
In line with the weaker global outlook, growth in Asia is expected to be slightly lower in 2011-12 than forecast in April 2011, mainly as a result of weakening external demand, but the expansion should remain healthy, supported by domestic demand, which has been generally resilient. Overheating pressures remain elevated in a number of economies, with credit growth still robust and inflation momentum generally high, though inflation is expected to recede modestly after peaking in 2011. The sell-off in Asian financial markets in August and September 2011 underscores that an escalation of euro area financial turbulence and a renewed slowdown in the United States could have severe macroeconomic and financial spillovers to Asia. Against this backdrop, Asian low-income and Pacific Island economies face particular challenges in the near and medium term. In low-income countries, the fight against inflation is complicated by strong second-round effects, the need to phase out subsidies, and less well-anchored inflation expectations. Pacific Island economies need to undertake further structural reforms to lift potential growth. The downside risks to growth amid persistent overheating pressures present Asian policymakers with a delicate balancing act, as they need to guard against risks to growth but also limit the adverse impact of prolonged easy financial conditions on inflation and balance sheet vulnerabilities. At the same time, the weakness in global demand only confirms that Asia would greatly benefit from further progress in rebalancing growth by developing domestic sources of demand. In addition to structural reforms, this would require a reprioritization of fiscal spending, in order to create fiscal space for critical infrastructure investment and social priority expenditure.
Related to Regional Economic Outlook, October 2011
Related ebooks
Asia Bond Monitor: September 2012 Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: November 2011 Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: April 2012 Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: November 2012 Rating: 0 out of 5 stars0 ratingsFinancial Soundness Indicators for Financial Sector Stability in Viet Nam Rating: 0 out of 5 stars0 ratingsAsia Economic Monitor: July 2011 Rating: 0 out of 5 stars0 ratingsAsian Development Outlook 2011: South-South Economic Links Rating: 0 out of 5 stars0 ratingsAsian Development Outlook 2010 Update: The Future of Growth in Asia Rating: 0 out of 5 stars0 ratingsAsian Development Outlook 2012 Update: Services and Asia's Future Growth Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: September 2011 Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: November 2010 Rating: 0 out of 5 stars0 ratingsAsian Development Outlook 2012: Confronting Rising Inequality in Asia Rating: 0 out of 5 stars0 ratingsAsian Development Outlook 2015: Financing Asia’s Future Growth Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: March 2011 Rating: 0 out of 5 stars0 ratingsAsian Development Outlook 2014 Update: Asia in Global Value Chains Rating: 0 out of 5 stars0 ratingsAsian Development Outlook 2013 Update: Governance and Public Service Delivery Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: September 2009 Rating: 0 out of 5 stars0 ratingsFinancial Soundness Indicators for Financial Sector Stability in Bangladesh Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: September 2015 Rating: 0 out of 5 stars0 ratingsPacific Economic Monitor July 2011 Rating: 0 out of 5 stars0 ratingsFinancialization: Economic and Social Impacts Rating: 0 out of 5 stars0 ratingsViet Nam: Financial Sector Assessment, Strategy, and Road Map Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: March 2016 Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: September 2016 Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: June 2015 Rating: 0 out of 5 stars0 ratingsPacific Economic Monitor December 2015 Rating: 0 out of 5 stars0 ratingsLAC Semiannual Report April 2015: Latin America Treads a Narrow Path to Growth: The Slowdown and its Macroeconomic Challenges Rating: 0 out of 5 stars0 ratingsAsia Bond Monitor: June 2016 Rating: 0 out of 5 stars0 ratingsFramework of Inclusive Growth Indicators 2012: Key Indicators for Asia and the Pacific Special Supplement Rating: 0 out of 5 stars0 ratingsAsian Development Outlook 2011 Update: Preparing for Demographic Transition Rating: 0 out of 5 stars0 ratings
Economics For You
Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5Disrupting Sacred Cows: Navigating and Profiting in the New Economy Rating: 0 out of 5 stars0 ratingsConfessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Chip War: The Fight for the World's Most Critical Technology Rating: 4 out of 5 stars4/5Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 5 out of 5 stars5/5The Affluent Society Rating: 4 out of 5 stars4/5How to Be Everything: A Guide for Those Who (Still) Don't Know What They Want to Be When They Grow Up Rating: 4 out of 5 stars4/5Sex Trafficking: Inside the Business of Modern Slavery Rating: 4 out of 5 stars4/5A People's Guide to Capitalism: An Introduction to Marxist Economics Rating: 4 out of 5 stars4/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5Talking to My Daughter About the Economy: or, How Capitalism Works--and How It Fails Rating: 4 out of 5 stars4/5Economics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Rating: 4 out of 5 stars4/5Men without Work: Post-Pandemic Edition (2022) Rating: 5 out of 5 stars5/5The Spirit Level: Why Greater Equality Makes Societies Stronger Rating: 4 out of 5 stars4/5The Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5The Sovereign Individual: Mastering the Transition to the Information Age Rating: 4 out of 5 stars4/5
Reviews for Regional Economic Outlook, October 2011
0 ratings0 reviews