East Asia’s strong recovery suggests it’s time to cooperate on currencies
Dec 7th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Governments and monetary authorities in emerging East Asia need to cooperate more on currencies and other policies to turn the swift post-crisis recovery into more balanced, long-term growth, according to the Asian Development Bank (ADB). Average growth is expected to be 7.3% in 2011 after growing 8.8% in 2010.