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Global Recession and Its Impact on the Asian Economy Dr. Bernardo M. Villegas November 2008
Black Thursday  1929 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Black Monday 2008 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Growth Rates of Major Economies F – forecasts Source: World Economic Outlook, IMF, Oct 2008 Traditional Engines of Growth
World Growth (GDP Growth Rates) F – forecasts Source: World Economic Outlook, IMF, Oct 2008 Traditional Engines of Growth
Global Growth Slowdown ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Threats to World Growth
U.S. Economy: Still no end to financial turmoil ,[object Object],[object Object],[object Object],[object Object]
Euro Area Economy ,[object Object],[object Object],[object Object],[object Object],[object Object]
Japanese Economy ,[object Object],[object Object],[object Object],[object Object],[object Object]
World’s Largest Economies
GDP Growth Rates Asian Financial Crisis Source:  ADB Key Indicators 2002
GDP Growth Rates Asia: The Most Dynamic Region
Emerging Engines of Growth   BRICA
Emerging Engines of Growth   The Next Eleven
Emerging Engines of Growth   GDP % Change
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Threats in China BRICA
Opportunities in China ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],BRICA
ASEAN GDP Growth Rates and Per Capita Income BRICA
Domestic Markets Source:  ADB Key Indicators 2007 BRICA
Savings and Capital Formation   Source:  ADB Key Indicators 2007 BRICA
Asian Economic Trends 2008-2010 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Consumer Trends in Asia ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Selected Sunrise Industries in Asia ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Global Recession and Its Impact on the Asian Economy Thank you.

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Global Recession -Impact On The Asian Economy