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Can Asia Emerge Stronger?
Oleh:
Chhibber, Ajay
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
Far Eastern Economic Review vol. 171 no. 10 (Dec. 2008)
,
page 45.
Topik:
Economy
;
Fundamental
;
Asia
;
Job
;
Poverty
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
FF21.21
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Asia is being hit by the financial tsunami whose epicenter is in the developed countries, but which has had an impact so far on hundreds of millions of people worldwide. Unlike the Asian financial crisis of 1997 caused by poor macroeconomic policies and weak financial systems in the region, this time most Asian countries are being affected despite strong macroeconomic fundamentals and sound banks and corporations. The richer Asian economies of Japan, Hong Kong, Taiwan and Singapore are all currently in recession. The rest of Asia is still growing, but regional growth will decline in 2008 and 2009 by as much as three to four percentage points—more sharply than expected—sending millions of people who've lost jobs back into poverty.
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