 |
| |
 |
|
| World Economy - Asia-Pacific |
|
|
|
| |
Exuberance starts to give way to realism
After the euphoria of 1999 when Asia seemed to be pulling itself rapidly out of crisis, a more sober mood has set in this year. The region is still recovering, with positive growth in all the crisis countries. more | |
The lean Chinese years come to an end
There is now ample reason to believe that China's economy, the most important in Asia outside Japan, is set this year to emerge from seven consecutive years of slowing growth. more | |
Japanese reformers race against the clock
When Moody's, the US credit rating agency, recently rated Japan's government bonds, the verdict was striking for two reasons. First, Moody's downgraded Japan's domestic debt to two notches below the top level. more | |
Old southern rivals warm to closer links
The most striking development in the two Australasian economies this year - aside from the continuation of Australia's remarkably long period of strong growth - has been the weakness of their currencies. more | |
Malaysian government firm on pegged currency
As a second year passes with Malaysia still clinging to the fixed exchange rate regime it imposed during the regional financial crisis, analysts say the time could not be better for the south-east Asian nation to return to a free-floating system. more | |
Indian heavens smile, but it's deceptive
Almost a year ago, the re-election of Atal Behari Vajpayee at the head of a coalition with an ostensibly stable majority - the first incumbent prime minister to be returned to power for 28 years - raised hopes of a new wave of reform to follow the tentative opening up of India's economy in the 1990s. more | |
|
| | |
