Umfang:
1 Online-Ressource (283 p)
ISBN:
9789814519366
,
9789814519373
Inhalt:
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.
Inhalt:
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
Anmerkung:
Includes bibliographical references and index
Sprache:
Englisch
URL:
http://erf.sbb.spk-berlin.de/han/iglibrary/portal.igpublish.com/iglibrary/search/ISEASB0000526.html
