Kooperativer Bibliotheksverbund

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Format: XX, 563 S. , graph. Darst.

ISBN: 9781843317890 , 1843317893

Note: Enth. 9 Beitr

Language: English

Keywords: Südostasien ; Wirtschaftliche Integration ; Internationaler Vergleich ; Aufsatzsammlung

URL: Inhaltsverzeichnis

Author information: Francois, Joseph F. 1961-

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Format: 1 Online-Ressource (283 p)

ISBN: 9789814519366 , 9789814519373

Content: Global economic uncertainties and Southeast Asian economies -- Contents -- Preface -- Contributors -- 1. Challenges Facing a Globally Connected ASEAN by Jayant Menon and Thiam Hee Ng -- 2. Fragile Balance of Payment in Indonesia under Global Economic Uncertainties by Reza Y. Siregar and Maria Monica Wihardja -- 3. Malaysia in the Midst of Global Economic Uncertainties by Tham Siew Yean -- 4. Singapore: Reinventing Itself amid Global Economic Uncertainties by Sanchita Basu Das and Catherine Rose James -- 5. Thailand: Dependency or Diversification? by Somprawin Manprasert -- 6. Vietnam's Economic Experience Since WTO Accession by Vo Tri Thanh -- 7. Global Economic Imbalances and Reform Policy: Evidence from Asian Economies by Aekapol Chongvilaivan -- 8. Foreign Exchange Rate Adjustment Policies in Asia by Paitoon Wiboonchutikula, Bangorn Tubtimtong and Nuchit Pruektanakul -- 9. Monetary and Financial Architectures for ASEAN+ by Chaydom Sabhasri -- 10. Global Uncertainties: Implications for the ASEAN Community by Piti Srisangnam, Sineenat Sermcheep, and Nuanpan Thamanovanish -- Index.

Content: Southeast Asia entered its worst post-1997 recession against the backdrop of the global economic breakdown in 2008– 9. Southeast Asian countries were able to decouple themselves from the ripple effects of the global financial shocks and bounced back strongly in 2009– 10, thanks to their growing domestic markets, limited financial exposure to the crisis epicentres, and timely stimulus packages. The major Southeast Asian countries like Singapore, Malaysia and Thailand in 2010 exhibited a V-shaped recovery with staggering GDP growth of 15, 6.5 and 6.2 per cent, respectively, from a sharp contraction in 2009, while Indonesia, the Philippines and CLMV (Cambodia, Laos, Myanmar, Vietnam) countries demonstrated exceptional resilience. More recently, however, Europe’s worsening financial and banking crisis and a sluggish recovery of the United States have dampened Southeast Asia’s growth prospects. According to the latest estimates by the Asian Development Bank (ADB), the escalating global economic uncertainties have seen Southeast Asia’s growth forecast revised downwards to 6.6 per cent in 2012 and 7.1 per cent in 2013, from the earlier estimates of 6.9 per cent and 7.3 per cent, respectively

Note: Includes bibliographical references and index

Language: English

URL: http://erf.sbb.spk-berlin.de/han/iglibrary/portal.igpublish.com/iglibrary/search/ISEASB0000526.html

UID:

Format: 1 online resource

ISBN: 9789814519373

Content: The aftermath of the global economic breakdown in 2008–9 underscores the risks facing Southeast Asia’s growth prospects. Although the region has demonstrated exceptional resilience to external shocks emanating from economic powerhouses around the globe, Southeast Asia is in dire need of an optimal policy mix of macroeconomic and trade policy measures that differ by country, underpin domestic demand, and revive domestic economies. This book offers in-depth, region-specific economic policy discourse that illuminates how a policy push is at work in the region, and sheds light on room for strengthening regional cooperation. This book aims to: (1) discuss the developments of macroeconomic and trade-policy mix against the backdrop of the eurozone sovereign debt crisis and economic prospects for major countries in Southeast Asia (i.e., Singapore, Thailand, Malaysia, Indonesia, and Vietnam); (2) assess the effectiveness of policy responses to the global economic unrest; (3) identify opportunities and challenges facing Southeast Asia in the midst of the global economic slump when developing Southeast Asia leverages on an ever-expanding role in the global business environment; (4) rethink the East Asian model of growth where enormous gains were driven principally by export demands from advanced economies; and (5) pioneer the key areas of regional cooperation and macroeconomic and trade policy reforms that may potentially strengthen regional economies.

Note: Frontmatter -- , CONTENTS -- , PREFACE / , CONTRIBUTORS -- , 1. Challenges Facing a Globally Connected ASEAN / , 2. Fragile Balance of Payment in Indonesia under Global Economic Uncertainties / , 3. Malaysia in the Midst of Global Economic Uncertainties / , 4. Singapore: Reinventing Itself amid Global Economic Uncertainties / , 5. Thailand: Dependency or Diversification? / , 6. Vietnam’s Economic Experience since WTO Accession / , 7. Global Economic Imbalances and Reform Policy: Evidence from Asian Economies / , 8. Foreign Exchange Rate Adjustment Policies in Asia / , 9. Monetary and Financial Architectures for ASEAN+ / , 10. Global Uncertainties: Implications for the ASEAN Community / , INDEX , In English.

Language: English

DOI: 10.1355/9789814519373

URL: https://doi.org/10.1355/9789814519373