书名:battling the forces of global recession
出版日期:April 2009
来源:世界银行
格式:PDF
页码:100
大小:1.56M
编译:可复制
目录
Table of Abbreviations 4
Executive Summary 6
Chapter 1: The Impact of the Crisis on the Countries in the East Asia and Pacific 9
Growth has slowed sharply 9
Industrial production has led the decline 10
Prospering by exports, contracting by exports 11
Capital flows are weakening 15
Lay-offs are rising 16
Progress in poverty reduction will slow 18
Banks are coming under increasing stress 19
Financing for international trade continues to tighten 21
Concerns have increased about rising protectionism 21
Chapter 2: Forces Shaping Stabilization and Recovery in Developing East Asia 23
Monetary and exchange rate policies 23
Middle-income countries have eased fiscal policy, including through fiscal stimulus 24
Fiscal stimulus can only partially offset the impact of the crisis 28
Short-term measures and long-term priorities 28
Meeting gross financing needs will pose a challenge for some countries in developing East Asia 29
Social policy responses to the crisis 30
Policy coordination and cooperation are increasingly important 32
Chapter 3: Developments in the Advanced Economies Shaping East Asia’s Recovery 33
Advanced economies have led the world into a severe financial and economic crisis 33
The global economy is contracting sharply 33
The policy response in the U.S. and other developed countries has been forceful 36
Commodity prices have firmed 38
Chapter 4: The Outlook for East Asia and the Pacific 39
Country Sections 45
Larger Economies 45
China 45
Indonesia 46
Malaysia 48
Philippines 50
Thailand 51
Vietnam 53
Smaller Economies 56
Cambodia 56
Fiji 57
Lao PDR 58
Mongolia 59
Papua New Guinea 60
Timor-Leste 62
Appendix Tables & Charts 64
Key Indicators 88