Barry Naughton Attends IMF Conference on Emerging Asia
Emerging Asia’s Fortunes Still Closely Tied to West’s
09/26/2011
IMF Survey Magazine
Emerging Asia has weathered the global financial crisis relatively strongly, prompting some suggestions that its economy has decoupled from that of the developed world. But speakers at a recent conference said the region’s wellbeing remains strongly influenced by the fate of advanced countries.
“Emerging Asia would be strongly impacted in the event of a downside scenario in Europe or the United States, ” said Anoop Singh, Director of the IMF’s Asia and Pacific Department, adding that Asia should be prepared with a policy response in case of a global shock.
The conference was jointly organized by the IMF and the Stanford Center for International Development in Palo Alto on September 9, to foster an exchange of views on key policy issues for emerging Asia between Fund staff and the academic community.
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Barry Naughton is an authority on the Chinese economy, with an emphasis on issues relating to industry, trade, finance, and China's transition to a market economy. Recent research focuses on regional economic growth in the People's Republic of China and the relationship between foreign trade and investment and regional growth.
