Asia Economic Monitor - December 2009

Date: December 2009
Type: Reports
Series: Asian Economic Integration Monitor
ISBN: 978-971-561-865-6 (print)


The Asia Economic Monitor is a semiannual review of emerging East Asia's growth and policy issues. It covers the 10 members of the Association of Southeast Asian Nations; People's Republic of China; Hong Kong, China; Republic of Korea; and Taipei,China. This issue includes a special section on regional surveillance in East Asia.

Emerging East Asian economies have performed better than anticipated this year thanks to swift policy responses and an improved external environment, according to the December 2009 issue of the Asia Economic Monitor. GDP is now expected to grow 4.2% in 2009 and 6.8% in 2010.


  • Abbreviations and Acronyms
  • Emerging East Asia—A Regional Economic Update
  • Highlights
  • Recent Economic Performance
    • Growth and Inflation
    • Balance of Payments
    • Financial Markets and Exchange Rates
    • Monetary and Fiscal Policy
  • Assessment of Financial Vulnerability
  • Economic Outlook for 2010, Risks and Policy Issues
    • External Economic Environment
    • Regional Economic Outlook for 2010
    • Risks to the Outlook
    • Policy Issues
  • Regional Surveillance for Economic Stability
    • What is Surveillance?
    • Why “Regional” Surveillance?
    • How is regional surveillance currently carried out in East Asia?
    • How should an effective regional surveillance mechanism be designed?
    • How should regional surveillance in East Asia be strengthened?
    • What role has ADB played—and what is its future role—as regional surveillance deepens?
    • Conclusion