The World Bank praised Asia's swift economic recovery from the recent global financial crisis, noting industrial production has recovered in most Asian countries like Vietnam, Indonesia, South Korea, Thailand, Philippines, Malaysia, and Singapore. The recovery has been faster than after the 1997 Asian financial crisis, putting Asia in a stronger position.
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Econchart Asiaprecrisislevel 07042010
1. Asia
Jumping above the pre-crisis bar
The World Bank hails the Far East for its swift recovery, and for getting into
much better shape than after the 1997-98 Asian financial crisis
Industrial Production has mostly recovered in Asia
Vietnam
Indonesia
South Korea
Thailand
Philippines
Malaysia
Singapore
Japan
Source: World Bank:
Emerging Stronger From The Crisis 20 40 60 80 100 120
April 7, 2010
Reprint me for 20 / Translation 30 / Subscription welcomed mgaertner@shaw.ca GAPA NEWS