The document discusses Asia's economic growth prior to the 2008 global financial crisis, the impact of the crisis on Asia, and potential solutions for Asia going forward. Prior to the crisis, Asia experienced high growth rates and large trade surpluses. However, the crisis resulted in reduced exports, plummeting stock markets, and weakened currencies. While Asia recovered more rapidly than the West, the crisis highlighted Asia's dependence on global markets. Going forward, solutions proposed in the document include boosting domestic demand, strengthening business and financial market resiliency, and increasing regional trade and integration.

2.  Relevance
 Asia: pre crisis
 Lehman’s failure
 Consequences
 Recovery
 Solutions
 Opinions

4. GDP by region
Oceania
1%
Asia
Europe
38%
26%
Latin America
8% Northern
Africa
America
4%
23%
21,504,497,000,000 $

5.  Bastion of economic stability
 High growth rates
 Large trade surpluses
 Banks: no doubtful investments

6.  Global credit shock
 Reduced export
 Stock markets plummeted
 Currencies weakened
 Asia not as decoupled from the west as
rumored

7.  More rapid recovery
 Western investers
 98 crisis: USA boosted asia
 Today: /
 Crisis made Asia the economic giant as we
know it

8.  Growing domestic markets
 Boosting Home demand
 Emerging middle class
▪ Next decade: +800million people
 Sweeping government spending plans
 China: Ambitious plans
 India: credit issues

9.  Japan
 +Domestic companies
▪ telecom, health care,…
 - Export driven sector
▪ Electronics, consumer goods,...

10.  Boost home demand
 Improve business’ & bank’s resilencies
 Strengthen & organize local financial markets

11.  Boost demand from home
 Population: end consumer
 Intraregional trade & investments
▪ Association of Southeast Asian Nations (Asean) tries to
liberalize regional trade
 More credit options for the emerging consumer
class

12.  Improve business’ & bank’s resiliences
 Dynamic provisioning
▪ Financial reserves for rainy days
▪ Reserves to invest in booming times

13.  Strengthen & organize local financial markets
 Asian IMF?
 Atm: too ambitious
 Future: worthy option

14.  Dominic Barton:”Asia isn’t the source of the
crisis but could point the way to its long-term
resolution.”

15.  Thanks for listening

16.  The World Factbook 2005, CIA, USA.
 Dominic Barton;
Asia’s future and the financial crisis;
The McKinsey Quarterly
 The all-knowing internet
 Several other articles

17.  Music
 The last waltz
 Programs
 Powerpoint
 Audacity

18. None of the used images or music
compositions are mine. Nor do I claim to own
any of the rights.