Abstracts » Business, international

Harvesting green shoots

Article Abstract:

Some observers think that the long economic stagnation in Asia is finally coming to an end, buoyed by better-than-expected economic numbers from the United States, Singapore, and South Korea. Don Hanna of Citigroup says that the encouraging numbers are merely 'green shoots', and that they simply indicate that the Asian economy is bottoming out, not that it has started to recover. Consumer spending in the U.S. on goods imported from Asia will need to revive before Asian economies will revive, according to Hanna and Sun Bae Kim of Goldman Sachs.

Forecasts, trends, outlooks, Production & Business Activity, Recessions

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Prioritizing the environment

Article Abstract:

The Asian Development Bank has released its first report on the environmental conditions of Asia stating that unless conditions improve, economic growth will be jeopardized. Environmental problems, caused by overpopulation, governments' failure to set regulations, and rapid economic growth, are limiting growth by destroying natural resources and undermining the health of people in the region.

Government regulation, All Other Nondepository Credit Intermediation, NONDEPOSITORY INSTITUTIONS, Development Banks, Banking industry, Environmental aspects, Environmental impact analysis

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ADB sees resilience in Asia

Article Abstract:

The Asian Development Bank reports that the developing economies in Asia are not in a crisis, and the bank anticipates that growth will rise to around 5% in 2002. Experiencing the most slowing are the nations most dependent upon electronics exports.

Government domestic functions, Economic Programs, Administration of Economic Programs, Economic aspects, Column, Economic policy

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