www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Biz
Global outlook gets riskier
2010-Jun-10 09:24:16

IMF says most advanced economies experiencing 'subdued' recovery

SINGAPORE - Risks to the global economic outlook have "risen significantly" and policymakers have limited room to provide support to growth, International Monetary Fund Deputy Managing Director Naoyuki Shinohara said.

Most advanced economies are experiencing a "subdued" recovery, Shinohara said in a speech in Singapore. "A key concern is that the room for continued policy support has become much more limited and has, in some cases, been exhausted."

Stocks have tumbled in the past two months on concern that the global recovery will be derailed by the European debt crisis. Policymakers are diverging on prescriptions for sustaining the global recovery, with US Treasury Secretary Timothy Geithner calling on Japan and European countries with trade surpluses to boost domestic demand, while Europe's representatives have said reining in budget deficits was the top priority.

As advanced economies suffer stunted recoveries, Asia will continue to lead the world economic rebound, according to Shinohara, the former top currency official at Japan's Ministry of Finance. That brings its own challenges, with increasing capital inflows and the risk of overheating if policymakers fail to take "appropriate" action, he said.

Asia's rebound is outpacing the rest of the world as companies from Nissan Motor Co to Taiwan Semiconductor Manufacturing Co increase exports and domestic spending strengthens. While the outlook for exports has become "challenging", the region may avoid a major slowdown in growth should Western economies slump, according to HSBC Holdings Plc.

"The growth risk for Asia has certainly increased with fiscal consolidation on the agenda in Europe and the labor market not recovering as quickly as expected in the US," said Frederic Neumann, co-head of Asian economic research at HSBC in Hong Kong. "However, Asia has plenty of room to add extra stimulus, most notably in China."

Some of the region's central banks have started to withdraw monetary stimulus to stem inflation and asset bubbles while others are reluctant to increase borrowing costs on concern the European debt crisis may thwart the global economic recovery.

Macroeconomic policies have "appropriately" begun to normalize and the "strong" fiscal position in most Asian economies provides them with the "space" to respond flexibly, Shinohara said.

"After nearly two years of global economic and financial upheaval, shockwaves are still being felt, as we have seen with recent developments in Europe and the resulting financial market volatility," Shinohara said.

"The global outlook remains unusually uncertain and downside risks have risen significantly."

Bloomberg News

(China Daily 06/10/2010 page14)

[Jump to ]
Nation | Biz | Comment | World | Celebrity | Odds | Sports | Travel | Health
ChinaDaily Mobile News
m.chinadaily.com.cn
To subscribe to China Daily, call 010-64918763 or email to circu@chinadaily.com.cn
主站蜘蛛池模板: 成人免费观看一区二区 | 1717she国产精品免费视频 | 久久久久久青草大香综合精品 | 夜色www| 久久久免费视频播放 | 99在线观看视频免费精品9 | 女人张开腿给人桶免费视频 | 国产精品blacked在线 | 国产精品99在线观看 | v欧美精品v日本精品 | 中文字幕精品一区二区绿巨人 | 欧美成人免费全部观看天天性色 | 性成人动作片在线看 | 欧美91精品久久久久网免费 | 日韩国产一区二区 | 国产成人精品.一二区 | 日韩欧美在线一区二区三区 | 欧美另类在线视频 | 香港aa三级久久三级 | 中文字幕亚洲在线 | 美女黄频免费观看 | 久久99国产精一区二区三区 | 国产精品私人玩物在线观看 | 手机av在线播放 | 九九九九在线精品免费视频 | 91一级片 | 久久这里有精品视频 | 久久er精品视频 | 中国黄色网址大全 | 一区二区三区四区在线视频 | 国产成人免费高清视频网址 | 农村寡妇野外情一级毛片 | 蝴蝶成人世界第八影院 | 欧美精品人爱a欧美精品 | 日本在线毛片视频免费看 | 国产成人精品午夜 | 97国产在线观看 | 欧美一二三区视频 | 一区二区三区免费视频观看 | 亚洲精品久久九九精品 | 国产精品一区二区av |