1.

Record Nr.

UNINA9910780745003321

Titolo

Regional Economic Outlook, October 2007, Asia and Pacific

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2007

ISBN

1-4623-3204-8

1-4527-4630-3

1-283-53490-8

1-4519-5035-7

9786613847355

Descrizione fisica

1 online resource (64 p.)

Collana

Regional Economic Outlook

Disciplina

338.5443095

Soggetti

Economic forecasting - Asia

Economic forecasting - Pacific Area

Exports and Imports

Finance: General

Financial Risk Management

Foreign Exchange

Money and Monetary Policy

Trade: General

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Empirical Studies of Trade

Monetary Systems

Standards

Regimes

Government and the Monetary System

Payment Systems

International economics

Currency

Foreign exchange

Finance

Monetary economics

Economic & financial crises & disasters

Exports

Exchange rates

Exchange rate adjustments



Sovereign wealth funds

Currencies

International trade

Asset and liability management

Money

Exchange rate flexibility

Balance of trade

Financial services industry

Asia Economic conditions 1945-

Asia Economic conditions 1945- Statistics

Pacific Area Economic conditions

Pacific Area Economic conditions Statistics

Hong Kong Special Administrative Region, People's Republic of China

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"October 2007."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; Definitions; Executive Summary; I. Overview; Recent Macroeconomic Developments; Figures; 1.1. Emerging Asia: GDP Growth; 1.2. NIEs: Contributions to GDP Growth; 1.3. ASEAN-5: Contributions to GDP Growth; 1.4. Asia: Industrial Production; 1.5. Emerging Asia: Retail Sales Volume; 1.6. Emerging Asia: Exports of Goods; 1.7. Asia: Electronics Exports; Boxes; 1.1. Asian Electronics Exports: Recent Trends and the Outlook; 1.8. Emerging Asia: Core CPI; 1.9. Emerging Asia: Food CPI; 1.10. Emerging Asia: Consumer and Producer Prices; Tables; 1.1. Asia: Current Account Balances

1.11. Selected Asia: Nominal Effective Exchange Rates1.12. NIEs: Nominal Effective Exchange Rates; 1.2. Asia: Official Reserves; 1.13. ASEAN-5: Nominal Effective Exchange Rates; 1.2. ""Other Investment"" Flows in Asia: Why the Large Changes?; 1.3. Sovereign Wealth Funds; Recent Financial Market Developments; 1.14. Emerging Asia: Net Equity Inflows; 1.15. Sharpe Ratios; 1.16. Yen Trading Positions; 1.17. Yen Carry Trade Return (Short JPY, Long Listed Currency) (July 19, 2007-August 17, 2007); 1.18. Yen Carry Trade Return (Short JPY, Long Listed Currency) (August. 17, 2007-September. 28, 2007)

1.19. Credit Default Swaps: 5-Year Sovereign Spreads1.20. EMBI Global Sovereign Spreads; 1.4. Growth in the Asset Management Industry in Hong Kong SAR and Singapore; The Outlook and Risks; 1.21. Hedge Funds: Total Return; 1.3. Asia: Real GDP Growth; 1.4. Asia: Real Export Growth; 1.5. Asia: Investment Growth; 1.6. Asia: Private Consumption Growth; Policy Implications; 1.7. Asia: Selected Fiscal Indicators; 1.22. Private Sector Inflation Forecasts; II. Ten Years After the Crisis: How Much Stronger Is Asia?; 2.1. A Selection of Recent Asia Critiques; Key Lessons from the Asian Crisis

2.1. Crisis-Affected Countries: Nominal Exchange Rates, 1994-972.2. Crisis-Affected Countries: Nominal Exchange Rates, 1999-2007; 2.3. Crisis-Affected Countries: Corporate Debt-Equity Ratio; 2.4 Selected Asia: Household Assets-Liabilities Ratio; 2.5. Foreign Currency Loans; 2.6. Nonperforming Loans Ratio; The Challenges Ahead; 2.7. Emerging Asia: Corporate Governance Ratings; 2.8. Emerging Asia: Governance



Indicators; 2.9. Emerging Asia Excluding India: Real GDP and Real Export Growth; 2.10. Real GDP and Electronics Exports Growth; 2.11. Credit to Private Sector

2.12. Real House Prices and Real Income, 1999-20072.13. Stock Market Indices; 2.14. Price-Earnings Ratio; Conclusions; 2.15. China: GDP Components; III. Sterilized Intervention in Emerging Asia: Is It Effective?; 3.1. Cumulative Foreign Exchange Flows and Reserve Accumulation; 3.2. Reserve Adequacy Ratios; What Is Sterilized Intervention?; Motives for Intervention, Channels for Effectiveness, and Evidence from the Literature; Has Intervention Been Effective in Emerging Asia?; 3.3. Foreign Exchange Turnover; 3.1. India: Intervention and Change in Reserves; Testing Effectiveness

3.4. Sterilization Coefficient

Sommario/riassunto

Economic developments in Asia have been positive so far in 2007. Growth has been stronger (and in many cases more balanced) than expected across much of the region, again led by China and India, and inflation pressures remain largely contained. Moreover, Asia weathered the recent financial turbulence relatively well. The outlook is favorable, with growth expected to decline only modestly in 2008 as foreign demand for Asia’s exports slows. The main risk for the region is a sharper-than-expected global slowdown.