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How Much Room for fiscal Policy Easing Do Asian Economies Have?

Anthony Chan
Senior Vice President and Global Economic Research Analyst

The monetary/fiscal policy mix in most Asian economies remains fairly tight, given the region’s sluggish economic growth over the past several quarters. Thanks to relatively healthy fiscal positions and the windfall from lower oil prices, many countries have some room to loosen their fiscal policies, although Malaysia and Thailand may have to rely more on monetary policy.

March 27, 2015