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The Global Economic Crisis and Rebalancing Growth in East Asia

Author

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  • Park, Yung Chul

    (Asian Development Bank Institute)

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.

Suggested Citation

  • Park, Yung Chul, 2009. "The Global Economic Crisis and Rebalancing Growth in East Asia," ADBI Policy Briefs 31, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbipb:0031
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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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    Cited by:

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

    More about this item

    Keywords

    financial crisis growth asia; emerging asia economic recovery; rebalancing growth east asia;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General

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