The global financial crisis and Asia implications and challenges Kawai, Masahiro 1947- Lamberte, Mario B. Pak, Yŏng-chʻŏl 1939- text bibliography Electronic books. enk Oxford Oxford University Press 2012 monographic eng remote 1 online resource (xvii, 324 pages) : illustrations This book aims to identify and analyze the impact of the 2007-09 global financial crisis on Asian economies and to assess the short-term and longer-term policy responses to the crisis in terms of their effectiveness and sustainability. It draws lessons on how best to avoid and/or mitigate future crises and to identify structural policy recommendations that can help guide Asian policymakers to expand the growth potential of domestic and regional demand in coming years, and thereby create a basis for sustainable and inclusive long-term growth. Organized into four parts, it offers an accessible explanation of the causes, consequences, and contagion mechanisms of the crisis. Part 1 provides an overview of the major issues and presents policy recommendations. Part 2 reviews the crisis in the US and its transmission to Europe. Part 3 focuses on the impact on Asia. And Part 4 concludes lessons of the crisis for Asian countries. The volume highlights that Asian economies have already recovered strongly from the global financial crisis, reflecting their aggressive moves to ease monetary and fiscal policy as well as the underlying fundamental strength of their economies. However, the biggest challenge lies ahead. It asserts that, given that it is unlikely that the US and Europe will be engines of global growth, Asian economies should contribute to global economic adjustment by creating their own growth engines. pt. I. Overview -- pt. II. Crisis in the US and transmission to Europe -- pt. III. Impacts of the global financial crisis on Asia -- pt. IV. Lessons and emerging issues in Asia. specialized edited by Masahiro Kawai, Mario B. Lamberte and Yung Chul Park. Includes bibliographical references and index. a------ Asia Economic policy Global Financial Crisis, 2008-2009 Asia Economic conditions 21st century Asie Politique économique Crise financière mondiale, 2008-2009 Asie Conditions économiques 21e siècle BUSINESS & ECONOMICS Economic Conditions BUSINESS & ECONOMICS Economic History BUSINESS & ECONOMICS Economics Comparative POLITICAL SCIENCE Economic Conditions Economic history Economic policy Asia Global Financial Crisis (2008-2009) fast https://id.oclc.org/worldcat/entity/E39Qhp4vBbr3T8xBMDbJhDhGmm 2000-2099 fast HC412 330.9/504311 Global financial crisis and Asia Oxford : Oxford University Press, 2012 First edition. (DLC) 2012406823 (OCoLC)794367163 9780191636738 0191636738 9780191748981 0191748986 9780199660957 0199660956 9781283804431 1283804433 2012406823 http://proxy.library.tamu.edu/login?url=https://academic.oup.com/book/35351 CDX 120620 20260318191535.1 in00005709270 eng