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Macroeconomic Policy Brief Vol.1, No.2, December 2008: Trade Decoupling in Times of Financial Crisis: Myth or Reality?


Author(s): N/A
Economic Sector(s): (1) Global, regional and multisectoral economic and social development strategies and policies; (2) Global trade policies
ESCAP Reference No.: Vol.1, No.2, December 2008
Division/Office: Macroeconomic Policy and Development
Published Date: January 2009
Country: {Non-country Specific Publication}
Hard Copy Price: Free


The purpose of this policy brief series is to provide an analysis on macroeconomic policy challenges facing the ESCAP region. Some of these challenges may appear suddenly and confront policymakers unexpectedly. Other challenges may be long term or recurrent ones that suffer from inaction, policy fatigue, or the benign neglect of policymakers. Analyses and reliable statistics may be lagging behind or may not be available at all. This series aims at generating a forward-looking discussion among policy planners, researchers and other stakeholders that will build a regional consensus and forge political will on the policy actions and pressing reforms needed. The first volume of the series is dedicated to the financial crisis: a crisis that over the past decade was predicted many times, by many,including ESCAP and other international organizations, eminent scholars, economists, policy decision makers and futurists. Less than a handful predicted its exact timing. None averted it. Much remains to be understood and done before regulatory policies and systems can be reformed.




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