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Sunday, March 29, 2009 |
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SPECIAL REPORT:HOW ASIA-PACIFIC FARES |
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No room for
complacency Asia
moves from resilience to resistance |
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By Noeleen Heyzer
THREE global crises converged to
threaten development in Asia and the Pacific in 2008: A Great
Recession in developed countries, food and fuel price volatility and
climate change calamities.
The converging crises could be
turned into an opportunity to jump-start a regional reorientation
toward a more inclusive and sustainable development path.
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 Full
Story>>
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O T H E R R E P O R T S
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Stable but slower
growth seen for the Philippines
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AS a result of continued inflows
of remittances, the Philippines remain largely stable to render
support for consumption demand, according to the 2009 Economic and
Social Survey of Asia and the Pacific.
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Fiscal
expenditures must have highest rates of return, or else
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THE world is teetering on the
threshold of its endurance.
The stresses are common to more
than one crisis, and there are compounding effects that must be
taken into account in devising policy responses.
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Food and fuel
price shocks increased
number of Asia-Pacific’s sufferers
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HIGHER food prices in Asia and
the Pacific pushed up the number of undernourished people in the
region from 542 million in 2003 to 2005, to 583 million in 2007.
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Rapid economic
growth can no longer be taken for granted
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THE Asia-Pacific region is not recession proof.
In 2008, growth decelerated to 5.8 percent from 8.8 percent a year
earlier, and with growth expected to decelerate further to 3.6
percent in 2009,...
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Global optimism
steadies Asian markets
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HONG KONG: Confidence that the
world economy may be moving out of its slump helped investors steady
Asian markets Friday, while inflation data in Japan gave a little
more relief.
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