Critics of international monetary fund's Asia policy grow: they say high-rates remedy, anemic government spending stifle economies; new cure needed

Article Abstract:

A growing number of economists are criticizing the International Monetary Fund's policy which imposes high rates and weak government spending in Asia. The high rates are designed to stabilize shattered currencies and economies. However, the benefits of those high rates seems to diminish given the declining currencies and mainly because of Japan's recession which is affecting the region, causing negative expectations across Asia.

International Affairs, Finance, taxation, & monetary policy, Intnl Monetary Fund, International Monetary Fund

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Woes in Asia won't stop infrastructure

Article Abstract:

The financial troubles of Southeast Asian economies will not likely result in a drop in infrastructure investment as infrastructure is integral in the economic development policies of Southeast Asian countries. Infrastructure development is needed in sustaining growth and governments are likely to continue financing infrastructure development by tapping private capital markets.

Economic Programs, Administration of Economic Programs, Infrastructure (Economics), Column

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