Curbing the Global Economic Downturn: Southeast Asian Macroeconomic Policy

Curbing the Global Economic Downturn

Southeast Asian Macroeconomic Policy

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Edited by Aekapol Chongvilaivan

Publisher:: ISEAS–Yusof Ishak Institute
Online publication date:: October 2015
Print publication year:: 2010
Online ISBN:: 9789814279680

Subjects:: Economics, Economic Development and Growth
Series:: ISEAS Current Economic Affairs

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Southeast Asia witnessed a wide array of policy actions at the regional and international levels to unravel the ripple effects of the global economic downturn and to set a stage for a long-term recovery. Yet the quest for regional and global solutions has been hampered critically by the complication of individual economies and the diverse levels of economic development. The objective of this book is to examine in-depth region-specific research on how macroeconomic tools are at work in the Southeast Asian economies.

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Curbing the Global Economic Downturn

Southeast Asian Macroeconomic Policy

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Contents

Frontmatter
pp i-iv

Contents
pp v-vi

Acknowledgements
pp vii-viii

Introduction
pp ix-xii

List of Contributors
pp xiii-xiv

PART I - Economic Fluctuations: Macroeconomic Effects and Policy Responses
pp 1-2

1 - Macroeconomic Impacts of a Financial Crisis
pp 3-26

2 - Capital Inflow Reversals, Current Account Adjustments, and Macroeconomic Performance
pp 27-50

3 - Supply-Side Causes of Macroeconomic Fluctuations in a Small Open Economy
pp 51-66

4 - Effectiveness of Fiscal Stimuli
pp 67-76

5 - Public Debt Sustainability and Its Macroeconomic Impacts
pp 77-96

PART II - Economic Co-operation in Southeast Asia
pp 97-98

6 - Gains from Intra- and Inter-Regional Trade and Economic Co-operation
pp 99-123

7 - From Economic Reform to Closer Economic Ties: Regional- and National-Level Issues
pp 124-149

8 - Macroeconomic Surveillance and Financial Co-operation
pp 150-168

Index
pp 169-182

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Curbing the Global Economic Downturn

Southeast Asian Macroeconomic Policy

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