This book provides an analysis of the global economic crisis from an Asian perspective. It examines the impacts of the policy measures adopted, the remaining challenges in rebalancing the global economy, the next steps in regional economic integration in Asia, and issues related to reform of the international financial architecture.
Since 1945 Europe has experienced many periods of turmoil and conflict and as many moments of peace and integration: from the devastation felt in the aftermath of World War II to the recovery in the 1950s and 1960s; to the new challenges in the 1970s and 1980s when neoliberal policies led to fundamental social and economic changes...
Assesses the global prospects for economic growth in the face of policy challenges that remain unaddressed and new challenges now coming to the fore. The recovery is gaining strength, but unemployment remains high in advanced economies, and new macroeconomic risks are building in emerging market economies.