LEADER 05397nam 2200685Ia 450 001 9910452137703321 005 20200520144314.0 010 $a1-4639-9733-7 010 $a1-4639-6912-0 010 $a1-283-53420-7 010 $a9786613846655 010 $a1-4639-7306-3 035 $a(CKB)2550000000099563 035 $a(EBL)1587281 035 $a(SSID)ssj0000674635 035 $a(PQKBManifestationID)11437818 035 $a(PQKBTitleCode)TC0000674635 035 $a(PQKBWorkID)10660161 035 $a(PQKB)10303068 035 $a(MiAaPQ)EBC1587281 035 $a(Au-PeEL)EBL1587281 035 $a(CaPaEBR)ebr10556800 035 $a(CaONFJC)MIL384665 035 $a(OCoLC)867927548 035 $a(EXLCZ)992550000000099563 100 $a20121025d2011 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aRegional economic outlook$b[electronic resource] $iAsia and Pacific $enavigating an uncertain global environment while building inclusive growth 210 $aWashington, D.C. $cInternational Monetary Fund$dc2011 215 $a1 online resource (56 p.) 225 0$aWorld economic and financial surveys 300 $a"Oct 11." 311 $a1-61635-127-6 320 $aIncludes bibliographical references. 327 $aCover; 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 Risks 327 $a1.7 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 Bonds 327 $a1.14 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 Sector 327 $a1.21 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 Inflows 327 $a1.28 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 Asia 327 $aA. Episodes of Rapid Credit Growth in Emerging Asia 330 $aIn line with the weaker global outlook, growth in Asia is expected to be slightly lower in 2011-12 than forecast in April 2011, mainly as a result of weakening external demand, but the expansion should remain healthy, supported by domestic demand, which has been generally resilient. Overheating pressures remain elevated in a number of economies, with credit growth still robust and inflation momentum generally high, though inflation is expected to recede modestly after peaking in 2011. The sell-off in Asian financial markets in August and September 2011 underscores that an escalation of euro ar 410 0$aRegional Economic Outlook 517 3 $aAsia and Pacific 606 $aEconomic forecasting$zAsia 606 $aEconomic forecasting$zPacific Area 608 $aElectronic books. 615 0$aEconomic forecasting 615 0$aEconomic forecasting 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910452137703321 996 $aRegional economic outlook$91916023 997 $aUNINA