Washington Report, 2009-07

dc.contributor.author U.S. Asia Pacific Council
dc.contributor.author Eswar Prasad
dc.date.accessioned 2009-07-15T22:48:56Z
dc.date.available 2009-07-15T22:48:56Z
dc.date.issued 2009-07
dc.description For more about the East-West Center, see <a href="http://www.eastwestcenter.org/">http://www.eastwestcenter.org/</a>
dc.description.abstract The U.S. Federal Reserve anticipates that the American economy will begin to improve later this year. Experts also foresee an upturn in China’s economy by the year’s end, which, in turn, may help to pull up other Asian economies. But the outlook for a sustained recovery is uncertain unless economies on both sides of the Pacific remained focused on rectifying the underlying imbalances that have fueled the crisis, says Dr. Eswar Prasad of Cornell University and The Brookings Institution. He urges Asia Pacific economies not to be tempted by stop-gap solutions, but instead to undertake politically difficult yet essential reforms aimed at re-balancing growth. Dr. Prasad delivered these remarks at the 18th General Meeting of the Pacific Economic Cooperation Council (PECC) on May 13, 2009 in Washington, D.C., which was hosted by the East-West Center.
dc.format.extent 11 p.
dc.identifier.uri http://hdl.handle.net/10125/10350
dc.language.iso en-US
dc.publisher Washington, D.C.: East-West Center, U.S. Asia Pacific Council
dc.title Washington Report, 2009-07
dc.type Newsletter
dc.type.dcmi Text
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