| ADB Jeffrey Sachs Says Financial Crisis Presents Opportunity for Asia -- Part 4Thu, 08 Jan 2009 01:19:27 -0800 by AsianDevelopmentBankIn an appearance at the Asian Development Bank (ADB), Professor Jeffrey Sachs, Director of the Earth Institute at Columbia University, said that falling demand for Asian exports means the region will have to rely on public spending, such as infrastructure, health, education and energy reforms. He said that with some US$ 4 trillion in foreign exchange reserves, large current account surpluses and low inflation, Asia is well placed to expand public spending, which can help it maintain robust growth. He called on Japan, with $1 trillion in reserves, to adopt a more expansionary stance on monetary policy, and to make long term yen credit lines more readily available to countries in the Asia-Pacific in the region to help boost growth. Related: adb asian development bank jeffrey sachs public spending infrastructure health education energy poverty growth foreign exchange monetary policy yen credit reserves poor families pacific philippines earth institute climate change financial crisis columbia urbanization rivers rural japan china | |
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| ADB Jeffrey Sachs Says Financial Crisis Presents Opportunity for Asia -- Part 3Thu, 08 Jan 2009 01:15:52 -0800 by AsianDevelopmentBankIn an appearance at the Asian Development Bank (ADB), Professor Jeffrey Sachs, Director of the Earth Institute at Columbia University, said that falling demand for Asian exports means the region will have to rely on public spending, such as infrastructure, health, education and energy reforms. He said that with some US$ 4 trillion in foreign exchange reserves, large current account surpluses and low inflation, Asia is well placed to expand public spending, which can help it maintain robust growth. He called on Japan, with $1 trillion in reserves, to adopt a more expansionary stance on monetary policy, and to make long term yen credit lines more readily available to countries in the Asia-Pacific in the region to help boost growth. Related: adb asian development bank jeffrey sachs public spending infrastructure health education energy poverty growth foreign exchange monetary policy yen credit reserves poor families pacific philippines earth institute climate change financial crisis columbia urbanization rivers rural japan china | |
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| ADB Jeffrey Sachs Says Financial Crisis Presents Opportunity for Asia -- Part 2Thu, 08 Jan 2009 01:12:02 -0800 by AsianDevelopmentBankIn an appearance at the Asian Development Bank (ADB), Professor Jeffrey Sachs, Director of the Earth Institute at Columbia University, said that falling demand for Asian exports means the region will have to rely on public spending, such as infrastructure, health, education and energy reforms. He said that with some US$ 4 trillion in foreign exchange reserves, large current account surpluses and low inflation, Asia is well placed to expand public spending, which can help it maintain robust growth. He called on Japan, with $1 trillion in reserves, to adopt a more expansionary stance on monetary policy, and to make long term yen credit lines more readily available to countries in the Asia-Pacific in the region to help boost growth. Related: adb asian development bank jeffrey sachs public spending infrastructure health education energy poverty growth foreign exchange monetary policy yen credit reserves poor families pacific philippines earth institute climate change financial crisis columbia urbanization rivers rural japan china | |
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| ADB Jeffrey Sachs Says Financial Crisis Presents Opportunity for Asia -- Part 1Thu, 08 Jan 2009 01:08:33 -0800 by AsianDevelopmentBankIn an appearance at the Asian Development Bank (ADB), Professor Jeffrey Sachs, Director of the Earth Institute at Columbia University, said that falling demand for Asian exports means the region will have to rely on public spending, such as infrastructure, health, education and energy reforms. He said that with some US$ 4 trillion in foreign exchange reserves, large current account surpluses and low inflation, Asia is well placed to expand public spending, which can help it maintain robust growth. He called on Japan, with $1 trillion in reserves, to adopt a more expansionary stance on monetary policy, and to make long term yen credit lines more readily available to countries in the Asia-Pacific in the region to help boost growth. Related: adb asian development bank jeffrey sachs public spending infrastructure health education energy poverty growth foreign exchange monetary policy yen credit reserves poor families pacific philippines earth institute climate change financial crisis columbia urbanization rivers rural japan china | |
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