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A Resilient Asia Amidst Global Financial Crisis
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A Resilient Asia Amidst Global Financial Crisis
From Crisis Management to Global Leadership

First Edition
Edited by:

July 2010 | 456 pages | SAGE Publications Pvt. Ltd

This book is based on the papers presented and discussions held at a high-level regional workshop organized by the Asian Development Bank in January 2010 to discuss the impact of the global economic and financial crisis on developing Asia. It provides a clear and thought-provoking analysis of the global economic crisis from the perspective of 19 Asian countries.

The papers present concrete ways in which Asian economies and financial systems can be made more responsive and resilient. The book proposes that Asian economies can capitalize on the global economic crisis by using it as an opportunity to move from crisis management to gradually assuming global economic leadership. It spells out a general framework for strengthening recovery efforts, ensuring inclusive growth and open regionalism, rebalancing Asia's growth model, and creating greater regional cooperation for a prosperous and resilient Asia.

This is perhaps the first ever book in the market to undertake an in-depth discussion about the impact and the long-term implications of the global financial crisis on economies in Asia.


Haruhiko Kuroda
Foreword C Rangarajan
Harinder S Kohli
Overview
Opening Address
Opening Address
Global Economic and Financial Crisis: Genesis and global response Andrew Sheng
Global Economic and Financial Crisis: Impact on Developing Asia and Policy Responses Manu Bhaskaran and Ritwick Ghosh
Impact and Policy Responses: People's republic of China Manu Bhaskaran and Ritwick Ghosh
Impact and Policy Responses: Indonesia, Philippines, and Thailand Manu Bhaskaran and Ritwick Ghosh
Impact and Policy Responses: India Manu Bhaskaran, Harinder S Kohli, and Ritwick Ghosh
Impact and Policy Responses: Bangladesh, Sri Lanka, Nepal, Bhutan, and Maldives Manu Bhaskaran and Ritwick Ghosh
Impact and Policy Responses: Pakistan and Afghanistan Manu Bhaskaran and Ritwick Ghosh
Impact and Policy Responses: The Caucasus, Central Asia, and Mongolia Pradeep K Mitra
Social Impact of the Crisis on the Asian Emerging Markets: Globalization, social protection, and informal employment Suman Bery
A Short Perspective from UNICEF Colin Davis
A Short Perspective from the International Social Security Association Corazon de la Paz-Bernardo
Lessons of the Crisis and Long-term Implications: Reinforcing resilience and rethinking the growth model Manu Bhaskaran, Harinder S Kohli, and Ritwick Ghosh
Longer Term Implications: Regional Coordination and Cooperation Rajat M Nag
Haruhiko Kuroda
Conclusion

The format of the book is unique in the sense that it does not rely solely on research paper…the book is different from many existing books in this area…it not only provides a specific discourse on the condition of emerging markets in Asia in the GFC [Global Financial Crisis] context but also provides flexibility in terms of format of the book for a reader to comprehend the issue fully.

The Journal of Entrepreneurship,
Volume 26 (Issue 1), March 2017

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