05397nam 2200685Ia 450 991045213770332120200520144314.01-4639-9733-71-4639-6912-01-283-53420-797866138466551-4639-7306-3(CKB)2550000000099563(EBL)1587281(SSID)ssj0000674635(PQKBManifestationID)11437818(PQKBTitleCode)TC0000674635(PQKBWorkID)10660161(PQKB)10303068(MiAaPQ)EBC1587281(Au-PeEL)EBL1587281(CaPaEBR)ebr10556800(CaONFJC)MIL384665(OCoLC)867927548(EXLCZ)99255000000009956320121025d2011 uy 0engurcn|||||||||txtccrRegional economic outlook[electronic resource] Asia and Pacific navigating an uncertain global environment while building inclusive growthWashington, D.C. International Monetary Fundc20111 online resource (56 p.)World economic and financial surveys"Oct 11."1-61635-127-6 Includes bibliographical references.Cover; Contents; Definitions; Executive Summary; I. Navigating an Uncertain Global Environment; A. Resilient Domestic Demand Amid Pockets of Inflation Pressure; Figures; 1.1 Selected Asia: Real GDP at Market Prices; 1.2 Selected Asia: Exports of Goods; 1.3 Selected Asia: Financial Condition Index (FCI); 1.4 Selected Asia: Contributions to Year-to-Date Changes in REER; 1.5 Selected Asia: Change in Inflation Rates since January 2011; 1.6 Selected Asia: Inflation Target Tracker; B. An Uncertain Global Environment Poses Downside Risks1.7 Emerging Asia: Equity and Bond Funds--Weekly Net Flows in 2011 Boxes; 1.1 Vietnam: Stabilization at the Crossroads; Tables; 1.1 Asia: Real GDP; 1.8 Selected Asia: Trade Links to Japan and Export Growth in 2011:Q2; 1.9 Selected Asia: Contributions to Projected Growth; C. Stress in the Euro Area and United States: Spillovers to Asia; 1.10 Selected Asia: Headline Consumer Price Inflation; 1.11 Selected Asia: Current Account Balances; 1.12 Asia: GDP Growth; 1.2 How Large Are Chinese Inflation Spillovers to the Region?; 1.13 Selected Asia: Foreign Holdings in Local Currency Government Bonds1.14 Consolidated Claims of European and U.S. Banks on Selected Asia1.15 Selected Asia: U.S. Dollar--Local Currency Basis Swap Spreads; 1.16 Selected Asia: Impact of Severe Global Slowdown on Real GDP Growth; 1.17 Selected Asia: Impact of Severe Global Slowdown on Selected Indicators; 1.18 Selected Asia: Impact on Real GDP Growth of Discretionary Fiscal Spending in China; 1.3 Recent Trends in ASEAN Exports to China; D. How Vulnerable Are Asian Banks and Firms?; 1.19 Emerging Asia: External Bond Issuance by Corporations; 1.20 Emerging Asia: Leverage in Corporate Sector1.21 Selected Asia: Debt-to-Equity Ratio E. Policy Challenges; 1.22 Asia: Debt-to-Equity Ratio during Recoveries from 2001 and 2008 Recessions; 1.23 Emerging Asia: Leverage in Different Sectors; 1.24 Selected Asia: Tier 1 Ratio of Top 25 Banks; 1.25 Emerging Asia: Overheating Map; 1.26 Selected Asia: Change in Inflation Expectations for 2011 since March 2011; 1.27 Selected Asia: Overheating Index and Vulnerabilities to a Slowdown in Growth in G-2; 1.4 Sterilization of Reserve Accumulation in Times of Large Capital Inflows1.28 Selected Asia: Change in General Government Cyclically Adjusted Fiscal Balance 1.29 Selected Asia: Fiscal Space; 1.30 Selected Asia: Cyclically Adjusted Changes in General Government Spending; 1.31 Selected Asia: Deviation from Model-Based Norms of Public Spending on Health and Education; 1.32 Selected Asia: Deviation of Retail Gasoline and Diesel Prices from International Prices; 1.5 A Strategy for Growth and Fiscal Sustainability in Japan; 1.33 Selected Asia: Increase in Net Oil Subsidy; II. Drivers and Implications of Rapid Credit Growth in Emerging AsiaA. Episodes of Rapid Credit Growth in Emerging AsiaIn line with the weaker global outlook, growth in Asia is expected to be slightly lower in 2011-12 than forecast in April 2011, mainly as a result of weakening external demand, but the expansion should remain healthy, supported by domestic demand, which has been generally resilient. Overheating pressures remain elevated in a number of economies, with credit growth still robust and inflation momentum generally high, though inflation is expected to recede modestly after peaking in 2011. The sell-off in Asian financial markets in August and September 2011 underscores that an escalation of euro arRegional Economic OutlookAsia and PacificEconomic forecastingAsiaEconomic forecastingPacific AreaElectronic books.Economic forecastingEconomic forecastingInternational Monetary Fund.MiAaPQMiAaPQMiAaPQBOOK9910452137703321Regional economic outlook1916023UNINA