Jeasakul, Phakawa; Lim, Cheng Hoon; Lundbäck, Erik J. - International Monetary Fund (IMF) - 2014
Asia proved to be remarkably resilient in the face of the global financial crisis, but why was its output performance … financial vulnerabilities—contributed significantly to Asia’s resilience. Key pre-crisis factors included moderate credit … the global financial crisis. Looking ahead, Asia is in the process of adjusting to more volatile external conditions and …