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The Global Financial Crisis and Macroeconomic Policy Issues in Asia

Shinji Takagi

No 32, ADBI Policy Briefs from Asian Development Bank Institute

Abstract: Responding to the severe negative impact of the recent global financial crisis, many Asian economies resorted to substantial easing of macroeconomic policies. This policy brief reviews the principal policy measures implemented, examines the issues that have emerged from this extraordinary experience, and concludes with a forward-looking discussion of medium- to longer-term measures to improve the effectiveness of macroeconomic policies and to make the world and the region a safer place.

Keywords: asian eased macroeconomic polices; global financial crisis; macroeconomic policy issues (search for similar items in EconPapers)
JEL-codes: F00 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2009-12-18
New Economics Papers: this item is included in nep-ifn and nep-sea
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