frequent, longer lasting, and more severe in Asia than in the Organisation for Economic Co-operation and Development countries … financial crises or recessions in Asia. In view of the current global crisis and severe financial downturns, Asian economies are …

This paper revisits the issue of the evolution and choice of exchange rate regimes in Asia. The paper first compiles … discussion on the appropriate exchange rate regimes for Asia in the future. …

While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia’s growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia’s medium- and long-term growth. The overarching implication for policy makers is that supply …

Rebalancing growth toward domestic demand has emerged as a key postcrisis challenge for sustaining developing Asia …

As the global crisis hit developing Asia, several countries instituted fiscal stimulus measures to create domestic … of the revenue shocks in developing Asia are cyclical rather than discretionary. …

Developing Asia has weathered the global economic crisis well and is experiencing a rapid, robust V-shaped recovery … the impact of fiscal stimulus on developing Asia’s gross domestic product growth during the crisis. Our main finding is …

Fiscal stimulus programs have contributed substantially to developing Asia’s faster and stronger than expected recovery …