Regional Economic Outlook: Asia and Pacific (October 2007)
Business & Finance, Economics, International Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
| Author: | International Monetary Fund. Asia and Pacific Dept | ISBN: | 9781452746302 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | October 15, 2007 |
| Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
| Author: | International Monetary Fund. Asia and Pacific Dept |
| ISBN: | 9781452746302 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | October 15, 2007 |
| Imprint: | INTERNATIONAL MONETARY FUND |
| Language: | English |
Economic developments in Asia have been positive so far in 2007. Growth has been stronger (and in many cases more balanced) than expected across much of the region, again led by China and India, and inflation pressures remain largely contained. Moreover, Asia weathered the recent financial turbulence relatively well. The outlook is favorable, with growth expected to decline only modestly in 2008 as foreign demand for Asia’s exports slows. The main risk for the region is a sharper-than-expected global slowdown.
Economic developments in Asia have been positive so far in 2007. Growth has been stronger (and in many cases more balanced) than expected across much of the region, again led by China and India, and inflation pressures remain largely contained. Moreover, Asia weathered the recent financial turbulence relatively well. The outlook is favorable, with growth expected to decline only modestly in 2008 as foreign demand for Asia’s exports slows. The main risk for the region is a sharper-than-expected global slowdown.
