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Asia Needs to Seek Measures to Prevent New Economic Bubbles Yet Shouldn't Rush for Exit Strategy

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저작자 미상 (저작물 2267374 건)

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공표년도

창작년도

2010-01-21

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Asia is set to step up its presence in the global economy in this "crucial" year with dynamic markets and an export-orientated economic system.
This according to the International Monetary Fund's Managing Director Dominique Strauss-Kahn who said on Wednesday at a financial forum in Hong Kong that Asia is leading the world in terms of economic recovery from the global recession.
However‚ the continent must implement better forms of capital control along with other measures in order to prevent the creation of economic bubbles especially as huge amounts of speculative money flood into the region.
Meanwhile the U.N.'s economic experts are issuing warnings saying that the "recovery is uneven‚ and conditions for sustained growth remain fragile."
A 176-page report on economic prospects for 2010 says that the sustained economic revival can largely be attributed to massive stimulus measures including expansionary monetary policies which have poured huge amounts of money into the world economy since late 2008.
Yang Ji-woo‚ Arirang News.
Reporter : jwyang@arirangtv.com

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