Impact of the Financial Crisis on Asia’s Economy<br />Lowy Institute for International Policy - The Lowy Institute for International Policy<br />With much of the developed world in recession, Asia's economies are suffering as exports crumble, capital flows reverse, and business and consumer confidence deteriorates.The ADB's Senior Economist Donghyun Park addresses these issues within the context of the Asian Development Outlook 2009, ADB's flagship economic publication.ADB Country Economist Craig Sugden presents highlights of the Pacific portion of the report and discussed the policy options available to the region to minimize the impacts of the global economic crisis.
