Asia and the Global Economic Crisis : Challenges in a Financially Integrated World

This book provides an analysis of the global economic crisis from an Asian perspective. It examines the impacts of the policy measures adopted, the remaining challenges in rebalancing the global economy, the next steps in regional economic integration in Asia, and issues related to reform of the international financial architecture. Front Matter....Pages i-xvi Introduction....Pages 1-13 The Crisis and How It Unfolded in the Industrial Countries....Pages 14-35 Transmission to Developing Countries in Asia....Pages 36-48 Policy Responses — Industrial Countries....Pages 49-57 Impacts of the Global Crisis on Asia and Outlook....Pages 58-79 Policy Responses — Asia....Pages 80-100 Where We Stand at the Beginning of 2010....Pages 101-125 Asian and Global Initiatives for Rebalancing the Global Economy....Pages 126-140 Impact of Crisis on Poverty in Asia and Millennium Development Goals (MDGs)....Pages 141-161 Individual Country Responses and Prospects....Pages 162-212 Economic Integration in Asia: Trends and Policies....Pages 213-229 Reform of International Financial Architecture: Progress and Remaining Agenda....Pages 230-248 Back Matter....Pages 249-271 This book provides an analysis of the global economic crisis from an Asian perspective. It examines theaimpacts of the policy measures adopted, the remaining challenges in rebalancing the global economy, theanext steps in regional economic integration in Asia, and issues related to reform of the international financial architecture.