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Asia-Pacific Economic Outlook Q1 2009: Growth Slows As Global Conditions Worsen; Policy Responses Offer Hope Feb 09
Standard & Poors, Feb 2009
Abstract
Until September 2008, Asia-Pacific was showing reasonable, if moderating, growth even as concerns about the global financial problem and its spill-over into macroeconomic performance intensified. During this period, there was some hope that regional momentum would continue, driven by domestic and intraregional trade. The two charts below show growth in exports and industrial production, respectively, in the period January-September 2008, compared with the corresponding period in 2007. The figures vary across countries but, for the most part, are positive. The charts also display the growth rates for these two monthly indicators over the subsequent period of, typically, two months. Keeping in mind the difficulties in comparing growth over periods of differing length, the contrast between the two is quite striking....
Companies mentioned in this report are: Australia (Commonwealth of) (Unsolicited Ratings),New Zealand,Japan (Unsolicited Ratings),Hong Kong (Special Administrative Region),Malaysia,Thailand (Kingdom of),Korea (Republic of),Singapore (Republic of) (Unsolicited Ratings),Taiwan (Republic of China) (Unsolicited Ratings),India (Republic of) (Unsolicited Ratings),China (People's Republic of ),Indonesia (Republic of),Philippines (Republic of the),Vietnam (Socialist Republic of)
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