Report Examines Fiscal Health Of Asian Sovereigns If "Green Shoots" Wither May 09

Standard & Poors, May 2009

Abstract
SINGAPORE (Standard & Poor's) May 14, 2009--Although financial markets appear to be coming out of a deep freeze, it remains early to say the global slowdown has bottomed, said Standard & Poor's Ratings Services today in a report. The report, titled "Fiscal Health Of Asian Sovereigns If 'Green Shoots' Wither," is a "what-if" scenario analysis, looking at potential evolutions of selected Asian sovereign fiscal performance over the next few years in two scenarios. One scenario is Standard & Poor's baseline projections of economic development, in which Asian economies recover sometime in 2010 after steep declines in many of them. "In this scenario, the negative impact on sovereign credit ratings would be minimal, with the possible exceptions of those currently with...

Companies mentioned in this report are: Japan (Unsolicited Ratings),Thailand (Kingdom of),Singapore (Republic of) (Unsolicited Ratings),India (Republic of) (Unsolicited Ratings),China (People's Republic of ),Vietnam (Socialist Republic of)
Action: S&P Event

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Japan (Unsolicited Ratings),Thailand (Kingdom of),Singapore (Republic of) (Unsolicited Ratings),India (Republic of) (Unsolicited Ratings),China (People's Republic of ),Vietnam (Socialist Republic of)

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