http://www.imf.org/external/pubs/ft/reo/2012/APD/eng/areo0412.htm asia global energy india news updates Barring the realization of downside risks to the global economy, growth in the Asia and the Pacific region is expected to gain momentum over the course of 2012, according to this report, and now projected at 6 percent in 2012, rising to about 6½ percent in 2013. Stronger economic and policy fundamentals have helped buffer the region's economies against the global financial crisis, by limiting adverse financial market spillovers and ameliorating the impact of deleveraging by European banks, but a sharp fall in exports to advanced economies and a reversal of foreign capital flows would have a severe impact on the region. The region's policymakers now face the difficult task of calibrating the amount of insurance needed to support stable, noninflationary growth. Some Asian and Pacific economies can afford to lengthen the pause in the normalization of their macroeconomic policies that was initiated when the global recovery stalled late in 2011; others may need a faster return to more neutral policy stances. Similarly, the pace of fiscal consolidation should be calibrated to country-specific circumstances. Additional chapters in the report discuss whether China is rebalancing and the particular challenges facing Asian low-income and small island economies. asia global energy india news updates

1. Managing Spillovers and Advancing
Economic Rebalancing
Global Asia Energy
Reference:
http://www.imf.org/external/pubs/ft/reo/2012/APD/eng/areo0412.htm

2. Barring the realization of downside risks to the global
economy, growth in the Asia and the Pacific region is
expected to gain momentum over the course of
2012, according to this report, and now projected at 6
percent in 2012, rising to about 6½ percent in 2013. Stronger
economic and policy fundamentals have helped buffer the
region's economies against the global financial crisis, by
limiting adverse financial market spillovers and ameliorating
the impact of deleveraging by European banks, but a sharp
fall in exports to advanced economies and a reversal of
foreign capital flows would have a severe impact on the
region.

3. The region's policymakers now face the difficult task of
calibrating the amount of insurance needed to support
stable, noninflationary growth. Some Asian and Pacific
economies can afford to lengthen the pause in the
normalization of their macroeconomic policies that was
initiated when the global recovery stalled late in 2011; others
may need a faster return to more neutral policy stances.
Similarly, the pace of fiscal consolidation should be calibrated
to country-specific circumstances. Additional chapters in the
report discuss whether China is rebalancing and the particular
challenges facing Asian low-income and small island
economies.