Emerging-Market Central Bank Asset Purchases Can Be Effective but Carry Risks

In previous years, it would have been mainly advanced economy central banks making purchases of government debt. However, for the first time on a significant scale, central banks in countries such as South Africa, Poland, and Thailand broke new ground through their use of asset purchases to combat market dysfunction.

IMF inches up Thailand’s GDP forecast from -7.7% to -7.1%

The International Monetary Fund’s (IMF) has revised up Thailand’s economic outlook to a 7.1 percent contraction, from a 7.7 percent decline, due to the government’s measures to support the business sector.

Thai economy to rebound sharply in 2012 (IMF)

Thailand is recovering from a very challenging year marked by natural disasters of historic magnitude. First, the earthquake in Japan in March disrupted supply chains and slowed down production, albeit temporarily. Then, the country was inundated by massive floods that began in August and worsened in October–November, slowing the economy to a near halt.

Chinese economy and the IMF: Is risk in eye of the beholder?

The International Monetary Fund’s (lMF) latest assessment on the Chinese economy was released on Feb 6 by the IMF Resident Representative Office in China. It included recent developments, the outlook, risks and policy suggestions. Reflecting the worsened external environment since the last update several months ago, China’s economic growth for 2012 was revised down to 8.25 percent. But still, China remains a bright spot in the midst of intensifying strains in the euro and fragilities elsewhere.

Affordable delays for the Chiang Mai Initiative?

Author: Joel Rathus, Adelaide University While the worst of the Global Financial Crisis may have passed, in East Asia the economic pressures are still mounting. Regional economies are struggling with inflation, asset bubbles and now increasingly volatile exchange rate movements

IMF Executive Board Concludes Consultation with Thailand

The IMF holds bilateral discussions with members, usually every year. A staff…

Global economy to grow 3.9% in 2010 says IMF

The International Monetary Fund said Tuesday the global economy was poised to rebound from last year’s contraction and grow 3.9 percent, better than previous forecasts.

Asia may experience up to five years of weak growth

Asian economies are likely to experience weak growth over the next five…