The Global Financial Crisis and Macroeconomic Policy Issues in Asia
AbstractResponding to the severe negative impact of the recent global financial crisis, many Asian economies resorted to substantial easing of macroeconomic policies. This policy brief reviews the principal policy measures implemented, examines the issues that have emerged from this extraordinary experience, and concludes with a forward-looking discussion of medium- to longer-term measures to improve the effectiveness of macroeconomic policies and to make the world and the region a safer place.
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Bibliographic InfoPaper provided by Asian Development Bank Institute in its series ADBI Research Policy Briefs with number 32.
Length: 20 pages
Date of creation: 18 Dec 2009
Date of revision:
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asian eased macroeconomic polices; global financial crisis; macroeconomic policy issues;
Find related papers by JEL classification:
- F00 - International Economics - - General - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-04-17 (All new papers)
- NEP-IFN-2010-04-17 (International Finance)
- NEP-SEA-2010-04-17 (South East Asia)
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