This article has a fundamental test of Asia's emerging economic improvement will not limit the size of the recession and that the area will experience athe prolonged recession has also to be surprised-this time by the strong recovery of thein the past six months. Perhaps they overestimate the degree to which the economygrowth in emerging Asia was (net) exports. Perhaps they have faileddid appreciate the emerging powerful position outside Asia, the currency controland inappropriate, and its credibility is lower than on the international wholesalefunding will reduce the balance sheet effects of the crisis. Maybethey underestimate the useful role of controlling inflation, relativelygood debt dynamics, and improve the banking system is fundamental in enablingemerging Asia to implement monetary and fiscal policy than positiveto deal with the crisis. And they probably didn't pay attention enough to Mussa ofGuideposts (2009) business cycle deep depression is almost alwaysNext up is steep, and that the recovery in global business a high synccycles (like this) foreign trade personnel are supporting each other, as muchin the rising trend as in recession.And maybe a year or two from now, when much more will be known aboutthe strength and durability of the recovery, we will be in a better position toassess whether the entire episode best crisis is seen as a demonstration ofAsia's emerging vulnerability, or the ability of its recovery, or bothtwo
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