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The Global Economic Crisis and Rebalancing Growth in East Asia

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  • Park, Yung Chul

    (Asian Development Bank Institute)

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    Abstract

    Asia has staged an impressive turnaround in 2009, but it is unclear whether the recovery can be self sustaining even if the United States and Europe fail to pull themselves out of the current recession. This policy brief discusses the impact of the global financial crisis on emerging Asia and seeks to articulate the rationale behind the policy changes and reform necessary to return East Asia to the path of pre-crisis growth.

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    File URL: http://www.adbi.org/research-policy-brief/2009/12/15/3420.global.economic.crisis.east.asia/
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    Bibliographic Info

    Paper provided by Asian Development Bank Institute in its series ADBI Research Policy Briefs with number 31.

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    Length: 12 pages
    Date of creation: 15 Dec 2009
    Date of revision:
    Handle: RePEc:ris:adbipb:0031

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    Related research

    Keywords: financial crisis growth asia; emerging asia economic recovery; rebalancing growth east asia;

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    Cited by:
    1. Rafaelita M. Aldaba & Gloria O. Pasadilla, 2010. "The ASEAN Services Sector and the Growth Rebalancing Model," Working Papers id:2922, eSocialSciences.

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