Monday, May 18, 2009
[IWS] ADB: [Book] TAKING THE HELM [Pacific Nations & Global Crisis] [April 2009]
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)
Pacific Studies Series
Taking the Helm: A Policy Brief on a Response to the Global Economic Crisis [April 2009]
http://www.adb.org/Documents/Briefs/Taking-the-Helm/default.asp
or
http://www.adb.org/Documents/Briefs/Taking-the-Helm/Taking-the-Helm.pdf
[full-text, 62 pages]
The global financial and economic crisis has hit the Pacific. The region's economy is now slowing down and conditions are expected to remain difficult over 2010 and into 2011. This policy brief looks at the challenges created by the global crisis. The aim is to help decision makers "take the helm" in finding a way through these difficult economic times. It looks for the key questions that need to be asked, and seeks to provides some guidance on sensible answers.
CONTENTS
FOREWORD v
SUMMARY 1
THE GLOBAL STORM HAS HIT 5
The overall impact 5
More on the impacts 7
Implications for the Pacific 10
SETTING A COURSE 14
AT THE WHEEL 20
Policy formulation 21
Monetary policy 22
Exchange rate management 24
Fiscal policy 25
Structural policy 27
Social protection 30
STAYING ON COURSE 32
ANNEX 1: THE BACKDROP 36
ANNEX 2: THOUGHTS ON A FISCAL STIMULUS 43
REFERENCES 54
Press Release 2 May 2009
Pacific Can 'Take The Helm' in Responding to Crisis, Says Study
http://www.adb.org/Media/Articles/2009/12874-adb-annual-meetings/
BALI, INDONESIA - Pacific island nations need to respond pro-actively to the global economic crisis, says a new book released by the Asian Development Bank (ADB).
The book, titled Taking the Helm - A Policy Brief on a Response to the Global Economic Crisis, looks at the challenges faced by 14 nations in the Pacific.
AND MORE....
______________________________
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)
Pacific Studies Series
Taking the Helm: A Policy Brief on a Response to the Global Economic Crisis [April 2009]
http://www.adb.org/Documents/Briefs/Taking-the-Helm/default.asp
or
http://www.adb.org/Documents/Briefs/Taking-the-Helm/Taking-the-Helm.pdf
[full-text, 62 pages]
The global financial and economic crisis has hit the Pacific. The region's economy is now slowing down and conditions are expected to remain difficult over 2010 and into 2011. This policy brief looks at the challenges created by the global crisis. The aim is to help decision makers "take the helm" in finding a way through these difficult economic times. It looks for the key questions that need to be asked, and seeks to provides some guidance on sensible answers.
CONTENTS
FOREWORD v
SUMMARY 1
THE GLOBAL STORM HAS HIT 5
The overall impact 5
More on the impacts 7
Implications for the Pacific 10
SETTING A COURSE 14
AT THE WHEEL 20
Policy formulation 21
Monetary policy 22
Exchange rate management 24
Fiscal policy 25
Structural policy 27
Social protection 30
STAYING ON COURSE 32
ANNEX 1: THE BACKDROP 36
ANNEX 2: THOUGHTS ON A FISCAL STIMULUS 43
REFERENCES 54
Press Release 2 May 2009
Pacific Can 'Take The Helm' in Responding to Crisis, Says Study
http://www.adb.org/Media/Articles/2009/12874-adb-annual-meetings/
BALI, INDONESIA - Pacific island nations need to respond pro-actively to the global economic crisis, says a new book released by the Asian Development Bank (ADB).
The book, titled Taking the Helm - A Policy Brief on a Response to the Global Economic Crisis, looks at the challenges faced by 14 nations in the Pacific.
AND MORE....
______________________________
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
****************************************
# posted by SBasefsky : 6:06 AM
