Sustaining Economic Growth in Asia - by Jérémie Cohen-Setton & Thomas Helbling & Adam Posen & Changyong Rhee (Paperback)

About the Book

Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as "secular stagnation." Leading experts discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances in essays on innovation, demographics, spillovers, and various policy proposals.

Book Synopsis

Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as "secular stagnation." Leading experts on the region discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia.

Review Quotes

Magdalena Ruta explores the virtually unknown area of Yiddish literature created in Poland after World War II. She unravels before general readers and future researchers numerous texts and analyzes them in a lucid and captivating manner. The book should appeal to readers from various disciplines as well as to a non-scholarly audience as it touches upon difficult and complex problems that only recently have become the subject of thorough research and that are still perceived as controversial, such as Polish-Jewish relations after the war, or the fascination of a substantial number of Polish Jewish intellectuals with communism. It is worth stressing that the author deals with this sensitive topic competently and objectively.--Monika Adamczyk-Garbowska

About the Author

Jérémie Cohen-Setton, research fellow, joined the Peterson Institute for International Economics in September 2016 after completing his Ph.D. in economics at the University of California, Berkeley.

Thomas Helbling is a division chief in the IMF's Asia and Pacific Department, covering Australia and New Zealand. Previously, he was chief of the World Economic Studies Division in the IMF's research department, where he codirected the work on the World Economic Outlook.

Adam S. Posen has been president of the Peterson Institute for International Economics since January 2013 after first joining in July 1997.

Changyong Rhee is the director of the Asia and Pacific Department at the International Monetary Fund.