Shock-Proofing Asia’s Economies
Rapid GDP growth, significant fiscal room for maneuver, and increasing economic cooperation make the Asia-Pacific region’s prospects for 2012 brighter than almost anywhere else. If its economies build resilience and pursue a sustainable pathway to shared prosperity, the region will thrive, despite sustained global uncertainty.
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BANGKOK – Uncertainty and volatility have quickly become the “new normal” of the global economy. For several reasons, this turbulent external environment poses the most significant threat to Asia-Pacific growth in 2012.