Ishrat Husain: Future challenges facing South Asian economies (Central Bank Articles and Speeches)

Economic Development in South Asia and the Impact of Globalization1

I would like to address three questions pertaining to the topic assigned to me this morning. The first question is: How have the South Asian economies fared in the last decade and what are their prospects for the future. The second question is: How well they have done compared to other competitor developing regions particularly East Asia? Finally, how have these countries positioned themselves ...

Chapter 16 SOUTH ASIAN ECONOMY IN 2060

Guy Quaden: Prospects and challenges of the European economy (Central Bank Articles and Speeches)

The European economy is facing many challenges: consolidating the current recovery, redressing the public finances which have deteriorated in many countries, reducing unemployment which is still too high and preserving social cohesion, preparing for the ageing process and in particular its financial consequences, but I think one of them is now the most important: improving Europe’s growth poten...

Comparison of Pakistani Economy with Asean Economies

It is now widely accepted that the Asian economies have done extremely well in terms of economic growth and poverty reduction during the last three to four decades or so despite the crisis of 1997. Three decades ago, China was among the World’s poorest countries with 80 percent of the population having incomes less than US$1 per day and only a third of all adults able to read or write. By 2000 ...

T T Mboweni: Globalisation and implications for monetary policy in South Africa (Central Bank Articles and Speeches)

Globalisation could generally be taken to encompass the more liberalised and increased flow of goods, services, capital and finance across national economies. Globalisation is therefore not a new phenomenon. The degree of economic integration in the world has been rising over time. Technological progress has improved transportation and communications, enhanced information awareness and informat...