Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    Taking the Helm: A Policy Brief on a Response to the Global Economic Crisis
    Unavailable
    Taking the Helm: A Policy Brief on a Response to the Global Economic Crisis
    Unavailable
    Taking the Helm: A Policy Brief on a Response to the Global Economic Crisis
    Ebook103 pages1 hour

    Taking the Helm: A Policy Brief on a Response to the Global Economic Crisis

    By Asian Development Bank

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    The global financial crisis quickly evolved into a full blown economic crisis that has hit the Pacific. The looming impacts look to be larger than expected 6 months ago, are unfolding rapidly, and are likely to be felt over 2009 and into 2010. Even if the global economy picks up in the second half of 2010, as the most recent forecasts suggest, it may take until 2011 for the Pacific economies to fully recover. This policy brief looks at the challenges created by the global economic crisis and discusses policy options to mitigate its impacts. Should monetary policy be relaxed? Is a fiscal stimulus appropriate? What would a fiscal stimulus look like, and how long should one last? What can be learnt from the actions of neighboring economies? These are the sort of pragmatic considerations that the region's economic decision makers are facing. This policy brief tries to help decision makers "take the helm" in finding a way through these difficult economic times.
    LanguageEnglish
    PublisherAsian Development Bank
    Release dateApr 1, 2009
    ISBN9789292547059
    Unavailable
    Taking the Helm: A Policy Brief on a Response to the Global Economic Crisis

    Read more from Asian Development Bank

    Related to Taking the Helm

    Related ebooks

    Economics For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Revival 2021

      May 14, 2021

      InfoPro has launched ‘Revival 2021’, a full-fledged program aimed at advancing out-of-the-box measures that address the country’s extraordinary circumstances. It is an emergency proposal for the short-term (five years). It builds on previous editions

      5 min read

    • Article

      The Quantitative Easing Pandemic

      Nov 5, 2021

      during the 2008/2009 global financial crisis, the US Federal Reserve responded with a combination of ultra-low interest rates and quantitative easing, the latter of which involved purchasing securities from the market, typically in the form of newly-

      3 min read

    • Article

      Time for Action

      Jan 23, 2020

      Time for Action
      3 min read

    • Article

      Critique Of The Government Plan

      Jul 7, 2020

      Critique Of The Government Plan
      11 min read

    • Article

      Will It Work?

      May 23, 2020

      Q. What do you think are the high points and shortcomings of the government’s financial stimulus? The Rs 20.9 lakh crore economic stimulus is purportedly to support India’s vulnerable population and businesses besides improving the growth potential

      14 min read

    • Article

      Build Business Resilience

      May 17, 2023

      The recently released fourth South Africa Economic Outlook report for 2023 by PwC focuses on the need for businesses to transform in an effort to build their resilience against the country’s long-term socio-economic headwinds. According to PwC’s 26th

      3 min read

    • Article

      A Global Creditor

      Aug 7, 2020

      A Global Creditor
      4 min read

    • Article

      Behind South Africans’ Ability To Save

      Oct 8, 2021

      the financial instructions emanating from the ivory towers of the financial industry of “save more” and “put money aside to invest” is, at best, oblivious to the financial reality that many South Africans live with every day. And at worst, ignorant.

      5 min read

    • Article

      It’s Time Government Started Believing Its Own Statistics

      Aug 13, 2021

      The events of July notwithstanding, it is remarkable that South Africa is a stable and peaceful nation, with 7,2 million people unemployed and a further 3,1 million having lost the will to look for work. Nearly half of the population is considered ch

      2 min read

    • Article

      A Difficult Recipe For Masterchef-cum-finance Minister Mboweni

      Feb 21, 2021

      MINISTER of Finance Tito Mboweni is undoubtedly the most educationally appropriately qualified post-apartheid Finance Minister, in terms of his university qualifications in Economics at a post-graduate Masters level. He is also known in social media

      3 min read

    • Article

      The Dangers Of Printing Money

      Oct 30, 2020

      modern monetary theory, or MMT as it is often called, is a new term for an old idea. Its proponents argue that a state, which issues fiat money does not have to resort to taxation and borrowing to pay its bills. It can fund itself simply by printing

      3 min read

    • Article

      Global Summit The World’s Financial Architecture Is Failing Africa

      Jun 25, 2023

      UN Secretary-General António Guterres recently sounded an ominous alarm bell. The Sustainable Development Goals (SDG), which aim to significantly reduce poverty around the world and create a better quality of life for all, are off track, he warned. A

      3 min read

    • Article

      Is There A Way Out Of The Economic Doldrums?

      Dec 6, 2019

      The objective of this article is to offer some policy recommendations aimed at addressing the urgent near-term economic concerns and the significant challenges facing Lebanon. It also highlights the main elements of a medium-term economic reform prog

      7 min read

    • Article

      Hike A Recipe For Disaster

      Jun 7, 2023

      THE recent repo rate hike implemented by the South African Reserve Bank will undoubtedly have a negative impact on hard-pressed South Africans. The move comes amid rising inflation, a weak economic outlook, and a struggling job market, making it dif

      1 min read

    • Article

      Road To Recovery Needs A Marathon Approach, Not A Sprint

      Jun 8, 2020

      The coronavirus disease (COVID-19) pandemic is far more than a health crisis. It has and continues to affect every sector of the economy, bringing havoc and threatening the livelihoods of many, especially in poor communities. To pull the South Africa

      2 min read

    • Article

      A Difficult Recipe For Masterchef-cum-finance Minister Mboweni

      Feb 21, 2021

      MINISTER of Finance Tito Mboweni is undoubtedly the most educationally appropriately qualified post-apartheid Finance Minister, in terms of his university qualifications in Economics at a post-graduate Masters level. He is also known in social media

      3 min read

    • Article

      As Asian Economies Take On Public Debt To Combat Covid-19, Who Will Foot The Bill?

      Jul 10, 2021

      In Southeast Asia, where most countries are battling new waves of infections driven by the more contagious Delta variant, these scenes have become all too familiar. With each fresh surge, governments impose tough restrictions and then come up with he

      5 min read

    • Article

      Cash Injection Boosts The Real Economy

      Jul 22, 2021

      The cash amount that should be reserved for Chinese financial institutions, or the reserve requirement ratio (RRR), was lowered by 50 basis points starting July 15, excluding those that have already held the ratio at a low level of 5 percent. The mea

      4 min read

    • Article

      Budget Preview Buy Now, Pay Later Strategy Endangers Future Growth

      Feb 17, 2024

      THE annual Budget speech is, at the best of times, a statement of intent in which economic and fiscal prudence competes with political expedience. When a country’s overall macro- economic and fiscal position is sound, it is relatively easy to accommo

      6 min read

    • Article

      Budget Preview Buy Now, Pay Later Strategy Endangers Future Growth

      Feb 17, 2024

      THE annual Budget speech is, at the best of times, a statement of intent in which economic and fiscal prudence competes with political expedience. When a country’s overall macro- economic and fiscal position is sound, it is relatively easy to accommo

      6 min read

    • Article

      Budget Preview Buy Now, Pay Later Strategy Endangers Future Growth

      Feb 17, 2024

      THE annual Budget speech is, at the best of times, a statement of intent in which economic and fiscal prudence competes with political expedience. When a country’s overall macro- economic and fiscal position is sound, it is relatively easy to accommo

      6 min read

    Reviews for Taking the Helm

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words