Forthcoming Publication

What are the implications of the global financial crisis for Asia? What policy actions can help the region achieve balanced, inclusive, and environmentally-friendly growth? These questions lie at the core of Rebalancing for Sustainable Growth: Asia's Post-crisis Challenge, a forthcoming book by ADBI and ADB. Key findings will be presented at ADB's Annual Meeting in Tashkent on 3 May.

With developed country export markets likely to slow, the book argues that Asia's export-led growth strategy needs to be re-oriented toward greater reliance on domestic and regional demand.

The book's analysis and policy measures cover five major areas: enhancing macroeconomic stability through improved policy frameworks; rebalancing production via deregulation, investment incentives, and liberalizing regional trade; enhancing social protection via improved social safety nets and investments in education and health; deepening financial system by reducing the risk of systemic crises and expanding financial markets; and forging regional cooperation in areas such as liquidity provision, trade, and macroeconomic policy.