Coverart for item
The Resource Regional Economic Outlook, October 2011, Asia and Pacific : Navigating an Uncertain Global Environment While Building Inclusive Growth, International Monetary Fund. Asia and Pacific Dept

Regional Economic Outlook, October 2011, Asia and Pacific : Navigating an Uncertain Global Environment While Building Inclusive Growth, International Monetary Fund. Asia and Pacific Dept

Label
Regional Economic Outlook, October 2011, Asia and Pacific : Navigating an Uncertain Global Environment While Building Inclusive Growth
Title
Regional Economic Outlook, October 2011, Asia and Pacific
Title remainder
Navigating an Uncertain Global Environment While Building Inclusive Growth
Statement of responsibility
International Monetary Fund. Asia and Pacific Dept
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
In line with the weaker global outlook, growth in Asia is expected to be slightly lower in 2011-12 than forecast in April 2011, mainly as a result of weakening external demand, but the expansion should remain healthy, supported by domestic demand, which has been generally resilient. Overheating pressures remain elevated in a number of economies, with credit growth still robust and inflation momentum generally high, though inflation is expected to recede modestly after peaking in 2011. The sell-off in Asian financial markets in August and September 2011 underscores that an escalation of euro area financial turbulence and a renewed slowdown in the United States could have severe macroeconomic and financial spillovers to Asia. Against this backdrop, Asian low-income and Pacific Island economies face particular challenges in the near and medium term. In low-income countries, the fight against inflation is complicated by strong second-round effects, the need to phase out subsidies, and less well-anchored inflation expectations. Pacific Island economies need to undertake further structural reforms to lift potential growth. The downside risks to growth amid persistent overheating pressures present Asian policymakers with a delicate balancing act, as they need to guard against risks to growth but also limit the adverse impact of prolonged easy financial conditions on inflation and balance sheet vulnerabilities. At the same time, the weakness in global demand only confirms that Asia would greatly benefit from further progress in rebalancing growth by developing domestic sources of demand. In addition to structural reforms, this would require a reprioritization of fiscal spending, in order to create fiscal space for critical infrastructure investment and social priority expenditure
Member of
Cataloging source
UWO
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://bibfra.me/vocab/lite/organizationName
International Monetary Fund
http://library.link/vocab/relatedWorkOrContributorName
International Monetary Fund
Series statement
Regional Economic Outlook
http://library.link/vocab/subjectName
  • Contagion
  • Financial Integration
  • Inflation
  • Monetary fund
  • Monetary policy
  • China, People's Republic of
  • Hong Kong Special Administrative Region of China
Label
Regional Economic Outlook, October 2011, Asia and Pacific : Navigating an Uncertain Global Environment While Building Inclusive Growth, International Monetary Fund. Asia and Pacific Dept
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
1071343909
Dimensions
unknown
Extent
1 online resource (57 pages)
Form of item
online
Isbn
9781616351274
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781616351274.086
Specific material designation
remote
System control number
(OCoLC)1071343909
Label
Regional Economic Outlook, October 2011, Asia and Pacific : Navigating an Uncertain Global Environment While Building Inclusive Growth, International Monetary Fund. Asia and Pacific Dept
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
1071343909
Dimensions
unknown
Extent
1 online resource (57 pages)
Form of item
online
Isbn
9781616351274
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781616351274.086
Specific material designation
remote
System control number
(OCoLC)1071343909

Library Locations

    • Pardee Legal Research CenterBorrow it
      5998 Alcalá Park, San Diego, CA, 92110-2492, US
      32.771471 -117.187496
Processing Feedback ...