Friday, January 11, 2008
[IWS] ADB: ASIA ECONOMIC MONITOR 2007 [December 2007]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Asian Development Bank (ADB)
ASIA ECONOMIC MONITOR 2007 [December 2007]
http://aric.adb.org/pdf/aem/dec07/Dec%20AEM%20complete%20131207.pdf
[full-text, 60 pages]
The Asia Economic Monitor (AEM) is a semiannual review of emerging East Asia�s growth, financial vulnerability, and emerging policy issues. It covers the 10 members of the Association of Southeast Asian Nations; People�s Republic of China; Hong Kong, China; Republic of Korea; and Taipei,China.
Contents
Recent Economic Performance 3
GDP Growth 3
Inflation 6
Balance of Payments 7
Financial Markets and Exchange Rates 10
Monetary and Fiscal Policy 12
Assessment of Financial Vulnerability 15
Economic Outlook for 2008, Risks, and Policy Issues 21
External Economic Environment 21
Regional Economic Outlook for 2008 27
Risks to the Outlook 30
Policy Issues 34
Special Section
Can Emerging East Asia Weather Global Financial Instability? 41
Boxes
1. Fed Rate Cuts and Policy Dilemmas 35
2. Measuring Monetary Independence in Emerging East Asia 37
3. Asset Markets and the Real Economy 50
4. Is Emerging East Asia Decoupling from the US? 54
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
****************************************
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Asian Development Bank (ADB)
ASIA ECONOMIC MONITOR 2007 [December 2007]
http://aric.adb.org/pdf/aem/dec07/Dec%20AEM%20complete%20131207.pdf
[full-text, 60 pages]
The Asia Economic Monitor (AEM) is a semiannual review of emerging East Asia�s growth, financial vulnerability, and emerging policy issues. It covers the 10 members of the Association of Southeast Asian Nations; People�s Republic of China; Hong Kong, China; Republic of Korea; and Taipei,China.
Contents
Recent Economic Performance 3
GDP Growth 3
Inflation 6
Balance of Payments 7
Financial Markets and Exchange Rates 10
Monetary and Fiscal Policy 12
Assessment of Financial Vulnerability 15
Economic Outlook for 2008, Risks, and Policy Issues 21
External Economic Environment 21
Regional Economic Outlook for 2008 27
Risks to the Outlook 30
Policy Issues 34
Special Section
Can Emerging East Asia Weather Global Financial Instability? 41
Boxes
1. Fed Rate Cuts and Policy Dilemmas 35
2. Measuring Monetary Independence in Emerging East Asia 37
3. Asset Markets and the Real Economy 50
4. Is Emerging East Asia Decoupling from the US? 54
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************