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The Global Financial Crisis and Macroeconomic Policy Issues in Asia

  • Takagi, Shinji

    (Asian Development Bank Institute)

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    Responding 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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    File URL: http://www.adbi.org/research-policy-brief/2009/12/18/3423.gfc.macroeconomic.policy.issues.asia/
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    Paper provided by Asian Development Bank Institute in its series ADBI Research Policy Briefs with number 32.

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    Length: 20 pages
    Date of creation: 18 Dec 2009
    Date of revision:
    Handle: RePEc:ris:adbipb:0032
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