East Asia & Pacific Update – Battling the forces of global recession

April 8, 2009 at 9:40 am

According to the latest report of the World Bank, the countries of the East Asia and Pacific region have been deeply affected by the worst global economic and financial crisis in generations. While middle-income countries (i.e. Thailand, Malaysia, Indonesia, and the Philippines) were better prepared to face the shock thank to the economic changes implemented after the 1997-98 Asian financial crisis, throughout the region, decline in exports, cuts to production and decrease in private investment is producing layoffs and higher poverty rates.

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Entry filed under: Asia, Global Business.

CHINA’S GROWTH RECESSION &POLICY RESPONSE Chinese Trade Delegation visiting the Tri-State


Travel with the Northern Kentucky Chamber in 2012

Peru - August 12-20, 2012
To learn more about the program, please email Kyle Horseman or call 859.426.3653.

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