Regional Economic Outlook, November 2008, Asia and Pacific.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Asia and Pacific Dept.

Contributor:

International Monetary Fund.

Series:

Regional Economic Outlook

Language:

English

Subjects (All):

Economic forecasting--Asia--21st century.

Economic forecasting.

Economic forecasting--Pacific Area--21st century.

Asia--Economic conditions--21st century.

Asia.

Asia--Economic conditions--21st century--Statistics.

Pacific Area--Economic conditions--21st century.

Pacific Area.

Pacific Area--Economic conditions--21st century--Statistics.

Physical Description:

1 online resource (190 p.)

Other Title:

Regional economic outlook : Asia and Pacific November 2008

Place of Publication:

Washington, D.C. : International Monetary Fund, 2008.

Summary:

The November 2008 Asia and Pacific REO focuses on the difficult economic environment facing policymakers in the region. Chapter 1 provides an overview of the outlook for the region. With growth slowing, and the global financial crisis increasingly affecting the region, macroeconomic and financial policies will need to be proactive. Chapter 2 looks more closely at inflation in Asia, finding that it is increasingly imported and volatile, which raises important questions about monetary policy frameworks in the future. Chapter 3 takes a longer-term look at how the expected rapid aging of the region may affect capital flows and financial markets in the years to come.

Contents:

Cover Page; Title Page; Copyright; Content Page; Boxes; Tables; Figures; Regional Economic Outlook; Definitions; Executive Summary; I. Overview; Implications of the Global Financial Crisis for Asia's Outlook; The Deepening Global Financial Crisis; 1.1 Bank CDS Spreads; 1.2 U.S. Corporate Bond Spreads; 1.3 Cross-Currency Basis Swaps with U.S. Dollar; 1.4 Total Assets on U.S. Federal Reserve's Balance Sheet; 1.5 Money Market Spreads; 1.6 Industrial Production; 1.7 MSCI Equity Markets; 1.8 Emerging Market CDS Spreads; Key Risks to Asia from the Deepening Global Financial Crisis

1.1 The Widening of Basis Spreads in Asia1.9 Asian External Financing: Bond, Equity, and Loan; 1.10 Hong Kong SAR: Stock Market IPO; 1.11 Emerging Asia: Amount of Maturing Corporate Debt, 2008-2018; 1.12 Current Account Projections versus Change in NEER, 2008; 1.1 Asia: Official Reserves; 1.2 Asia: Selected Intervention Measures on Deposit Insurance and Debt Guarantees; 1.13 Japan: Number of Corporate Bankruptcies; 1.14 Overseas Lending by Japanese Banks; 2009 Baseline Forecast: Continued Slowdown in the Face of a Global Financial Shock; 1.15 World Real GDP Growth; 1.16 Brent Crude Oil Prices

1.17 Emerging Asia: Quarterly GDP Growth Forecasts1.18 Selected Asia: Export Volume Growth; 1.19 Changes in the Terms of Trade versus Growth in Domestic Demand (2007:Q2-2008:Q2); 1.20 Emerging Asia: Contributions to GDP Growth; 1.3 Asia: Real GDP Growth; 1.21 Food's Contribution to Inflation versus Its Weight in CPI, August 2008; 1.2 The Impact of High Food and Fuel Prices in Low-Income Asia-Implications for Inflation, Poverty, and Policies; 1.3 Measuring Underlying Inflation Trends; 1.4 Asia: Headline CPI Inflation; 1.22 Asia: GDP Growth; 1.23 Risk Factors

Policy Challenges to Safeguard Macro and Financial Stability1.24 CPI Inflation: Inflation-Targeting Countries versus Non-Inflation-Targeting Countries; 1.5 Asia: Selected Fiscal Indicators; II. The Globalization of Asian Inflation; Asia's Changing Inflation Landscape; 2.1 Asia: Consumer Prices; 2.1 Asia Inflation: Correlation with Inflation in Other Regions; 2.2 Asia: Price Movements; 2.3 Consumer Price Inflation and Contribution from Import and Domestic Prices; Asia and the Commodities Boom; 2.4 Oil: OPEC Spare Capacity; 2.5 Expected Brent Crude Oil Price

2.6 Historical Decomposition of Commodity Price Inflation2.7 Annual Change in Consumption of Primary Energy; 2.8 Annual Change in Consumption of Aluminum; Policy Considerations; 2.9 Asia: Dynamic Correlation between Monetary Policy and Inflation; 2.10 Asia: Difference between Headline and Core Inflation; 2.1 Food and Fuel Subsidies in Asia and the World: Are They High, and Have They Affected International Prices?; 2.11 Asia: Worsening Inflation/Output Stabilization Trade-Off; 2.2 Volatility of Inflation; Concluding Remarks

III. The Graying of Asia: Demographics, Capital Flows, and Financial Markets

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 56-57).

Description based on print version record.

ISBN:

9786613848864

9781462301775

1462301770

9781451984507

1451984502

9781283536417

1283536412

9781451980950

1451980957