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The following article was published in our article directory on October 22, 2010.
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Asia Continues to Lead the Global Economic Recovery

Article Category: Business Management

Author Name: Amanda xzh

International Monetary Fund (IMF) 21 issued in Asia and the Pacific (601,099) region, "Regional Economic Outlook" the report said, Asia will continue to lead the global economic recovery, the region's economy will maintain strong growth, but also the challenges facing the new policy .

Washington-based IMF said Asia's economic growth during the first half of this year than expected, prompting the International Monetary Fund, regional economic growth is expected in 2010 raised to 8% higher than the April forecast of nearly 1 percentage points.

The report notes that strong economic growth to Asia has brought new policy challenges. Inflationary pressures continue to accumulate, some of the real estate market are priced at double-digit growth; view of the slow recovery in the U.S. and Europe, Asia will continue to attract foreign investment in the next period of time, capital inflows may cause domestic further increase in price pressures; many Asian countries need to further tighten monetary policies to accelerate the withdrawal of the implementation of the international financial crisis fiscal stimulus measures will also help prevent the risk of overheating.

21 International Monetary Fund's Asia and Pacific Region, "Regional Economic Outlook" the report said, Asia will continue to lead the global economic recovery, the region's economy will maintain strong growth, but also face new policy challenges.

Washington-based IMF said Asia's economic growth during the first half of this year than expected, prompting the International Monetary Fund, regional economic growth in 2010 raised its forecast of 8%%, higher than the April forecast of nearly 1 percentage points.

Reported that the region is strong growth in all economies, China and India in a leading position, expected economic growth in 2010 was 10.5%% and 9.7%%. 2011, economic growth in Asia is expected to slow to 6.8%%.

The report notes that strong economic growth to Asia has brought new policy challenges. Inflationary pressures continue to accumulate, some of the real estate market are priced at double-digit growth; view of the slow recovery in the U.S. and Europe, Asia will continue to attract foreign investment in the next period of time, capital inflows may cause domestic further increase in price pressures; many Asian countries need to further tighten monetary policies to accelerate the withdrawal during the implementation of the international financial crisis fiscal stimulus measures will also help prevent the risk of overheating.

International Monetary Fund, Asia Pacific director Anu Puxin Ge said the group welcomed the decision makers in Asia so far to control inflationary pressures and limit the accumulation of financial sector vulnerability of the measures taken, but more work needs to be done in the region.

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