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  • Regional economic outlook

Regional economic outlook

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Growth in the region show signs of improving, as extreme risks emanating from advanced economies have receded and domestic demand remains resilient. A small and gradual pick-up in growth is projected in 2013. Risks to the outlook from within the region, such as rising financial imbalances and asset prices in some economies, are beginning to emerge. Although Asia's banking and corporate sectors have solid buffers, monetary policymakers should stand ready to respond early and decisively to shifting risks, and macroprudential measures will also have a role to play.
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