A Resilient Asia Amidst Global Financial Crisis: From Crisis Management to Global Leadership

A Resilient Asia Amidst Global Financial Crisis: From Crisis Management to Global Leadership

By: Ashok Sharma (editor), Harinder S. Kohli (editor)Hardback

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This book is based on the papers presented and discussions held at a high-level regional workshop organized by the Asian Development Bank in January 2010 to discuss the impact of the global economic and financial crisis on developing Asia. It provides a clear and thought-provoking analysis of the global economic crisis from the perspective of 19 Asian countries. The papers present concrete ways in which Asian economies and financial systems can be made more responsive and resilient. The book proposes that Asian economies can capitalize on the global economic crisis by using it as an opportunity to move from crisis management to gradually assuming global economic leadership. It spells out a general framework for strengthening recovery efforts, ensuring inclusive growth and open regionalism, rebalancing Asia's growth model, and creating greater regional cooperation for a prosperous and resilient Asia. This is perhaps the first ever book in the market to undertake an in-depth discussion about the impact and the long-term implications of the global financial crisis on economies in Asia.

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About Author

Harinder S. Kohli is President and CEO of the Centennial Group. He is also the Chief Executive of the Emerging Markets Forum and is on the Advisory Board of the Asian Institute of Technology. Prior to starting the Centennial Group, Kohli spent 26 years with the World Bank in a series of senior positions. He has led World Bank teams that participated in the Multilateral Working Groups of the Middle East Peace Process and developed a conceptual programme for Economic Development in the Middle East. This work became the foundation for the international development assistance to West Bank and Gaza after the peace accord. He is the principal author of the report of an Eminent Persons Group entitled Towards a New Asian Development Bank in a New Asia and of World Bank's report Infrastructure Development in East Asia and Pacific: Towards a New Public Private Partnership. In addition he has written articles and delivered speeches on Asian Economics, Private Capital Flows, Regional Economic Cooperation, Industrial Development, Enterprise Development and Privatization, Energy, Information Technology and the Middle East Economic Development issues. Prior to joining the World Bank, Kohli worked with the Union Carbide in India and the Pechiney Group in France. He has a Masters in Business Administration from the Harvard Business School (elected Backer Scholar with High Distinction) and a Bachelor of Science in Mechanical Engineering from Punjab University, India (First Class Honors). He is married to Paulina Ledergerber Crespo, an anthropologist at the Smithsonian Institute's Museum of Natural History. Ashok Sharma is the Senior Director of Asian Development Bank's Office of Regional Economic Integration. He is the chair of the community of practice for regional cooperation and co-chairs the community of practice for finance of ADB. He also served as Senior Advisor of the South Asia Department of ADB and Director of Financial Sector, Public Management and Trade Division of South Asia Department. He has worked extensively on project and knowledge products on financial sector development, fiscal and governance reforms, infrastructure financing, and enabling public-private partnerships. He is the co-editor of "A Resilient Asia Amidst Global financial Crisis" (2010).


Foreword C Rangarajan - Haruhiko Kuroda Overview - Harinder S Kohli Opening Address - Opening Address Global Economic and Financial Crisis: Genesis and global response - Andrew Sheng Global Economic and Financial Crisis: Impact on Developing Asia and Policy - Responses Manu Bhaskaran and Ritwick Ghosh Impact and Policy Responses: People's republic of China - Manu Bhaskaran and Ritwick Ghosh Impact and Policy Responses: Indonesia, Philippines, and Thailand - Manu Bhaskaran and Ritwick Ghosh Impact and Policy Responses: India - Manu Bhaskaran, Harinder S Kohli, and Ritwick Ghosh Impact and Policy Responses: Bangladesh, Sri Lanka, Nepal, Bhutan, and Maldives - Manu Bhaskaran and Ritwick Ghosh Impact and Policy Responses: Pakistan and Afghanistan - Manu Bhaskaran and Ritwick Ghosh Impact and Policy Responses: The Caucasus, Central Asia, and Mongolia - Pradeep K Mitra Social Impact of the Crisis on the Asian Emerging Markets: Globalization, social protection, and informal employment - Suman Bery A Short Perspective from UNICEF - Colin Davis A Short Perspective from the International Social Security Association - Corazon de la Paz-Bernardo Lessons of the Crisis and Long-term Implications: Reinforcing resilience and rethinking the growth model - Manu Bhaskaran, Harinder S Kohli, and Ritwick Ghosh Longer Term Implications: Regional Coordination and Cooperation - Rajat M Nag Conclusion - Haruhiko Kuroda

Product Details

  • publication date: 27/04/2010
  • ISBN13: 9788132105169
  • Format: Hardback
  • Number Of Pages: 456
  • ID: 9788132105169
  • weight: 1057
  • ISBN10: 8132105168

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