TITLE

The Impact Of A US Dollar Crash On Asia

PUB. DATE
January 2006
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jan2006, Vol. 17 Issue 1, p1
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article discusses the impact of a US dollar crash on Asia. A sharp depreciation of the US dollar would have a significantly adverse effect upon the global economy. Although it would bring the U.S. current account deficit back towards a sustainable level, a dollar correction would have negative consequences for other developed countries, as well as emerging markets. The U.S. is running a current account deficit of around 6% of gross domestic product, a level considered to be unsustainable by the International Monetary Fund over the longer term.
ACCESSION #
19151374

 

Related Articles

  • Go global without leaving home.  // Dow Theory Forecasts;12/10/2007, Vol. 63 Issue 50, p1 

    The article reports that U.S. investors are looking overseas to improve economic conditions in the U.S. According to the author, the U.S. Dollar Index has declined steadily for most of 2007 and is 11% high from January. He added that the International Monetary Fund (IMF) expects emerging markets...

  • Chapter 5: Scenario Tests.  // Russia Business Forecast Report;2006 Q1, p40 

    This article discusses the effects of a U.S. dollar crash on the economic conditions in Russia. The impact on the Russian economy of a 10% fall in the US dollar would be broadly comparable to other countries in the region, the more severe scenario of a 40% dollar weakening has a much more...

  • Global Impact.  // Indonesia Business Forecast Report;2006 1st Quarter, p39 

    The article suggests that the depreciation of the trade-weighted dollar is needed for rebalancing the U.S. current account deficit. Depreciation of 10% would reduce the current account deficit to 3.8% of GDP by 2009 and a depreciation of 40% would reduce it to 2.4% of GDP by 2008. Recent IMF...

  • Best Laid Plans. Hawser, Anita // Global Finance;Dec2008, Vol. 22 Issue 11, p46 

    The article focuses on the financial performance of the emerging markets, particularly in the Middle East. It states that credit has expanded 49% year-on-year in June 2008 in the United Arab Emirates (UAE). It is being noted that high oil prices and the recent petrodollar boom means the Middle...

  • CEE FX: A Worrying Technical Picture.  // Emerging Markets Monitor;11/14/2011, Vol. 17 Issue 31, p15 

    This article provides an outlook for emerging market currencies in Europe in 2011. Business Monitor International Ltd. (BMI) expects the currencies to experience depreciation. BMI attributes the scenario to the intensification of the eurozone debt crisis. The firm cites the weakness of the...

  • El Salvador: On Track. Jones, Forrest // Latin Trade (English);Mar2007, Vol. 15 Issue 3, p36 

    The article presents information on economic indicators in El Salvador. According to the International Monetary Fund, gross domestic product (GDP) has increased by an estimated 3.5% in 2006 and is expected to be retained in 2007. Adopting the U.S. dollar has resulted in lower interest rates and...

  • Trouble, yuan way or another. diBiasio, Jame // Asian Investor;Jun2010, p1 

    The author reflects on the emerging markets led by China in spite of the global financial crisis. He states that China uses manufacturing capacity and infrastructure to boost their employment. An overview of the financial condition of China is offered. He suggests that when the yuan currency...

  • THE CHANGING FACE OF MONEY. BRUNER, CHRISTOPHER M. // Review of Banking & Financial Law;2010 - 2011, Vol. 30 Issue 1, p383 

    An essay is presented on the value of dollar at the times of financial and economic crises. It focuses on various issues associated with money including its history, value of dollars in psychological terms and legal value of dollar. It further focuses on the U.S. personal savings rate that has...

  • US Dollar Remains Reserve Currency Of Choice. Bedell, Denise // Global Finance;Feb2011, Vol. 25 Issue 2, p51 

    The article offers an outlook on foreign exchange. It states that developing countries continue to view the U.S. dollar as the reserve currency of choice as indicated by the International Monetary Fund's (IMF) report on the Currency Composition of Official Foreign Exchange Reserves. It adds that...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics