Bangkok--25 Nov--UNISBKK
As 2009 draws to a close, ensuring sustained recovery in the new global economic panorama has brought greater prominence to the role of regional cooperation in Asia and the Pacific, and of the need for the region to drive its own development in order to act as an anchor for global recovery in the future, according to a year-end update of the United Nations Economic and Social Survey of Asia and the Pacific 2009.
Asia-Pacific countries need to boost cooperation in order to improve their ability to insulate themselves from and better weather crises, as well as take advantage of the shift in global growth to the region, the report says.
Nagesh Kumar, Chief Economist of the Economic and Social Commission for Asia and the Pacific (ESCAP), and Tiziana Bonapace, Chief of the Macroeconomic Policy and Analysis Section, will provide a briefing on the report’s findings at 11 a.m. on Monday, 30 November at the Foreign Correspondents’ Club of Thailand (FCCT) in Bangkok.
The Survey update provides a snapshot of the region’s current macroeconomic performance, reviews emerging challenges and proposes ways in which the Asia-Pacific region can move in unison from crisis resilience to crisis resistance.
The report says Asia and the Pacific also must take a leading role commensurate with its importance in the global economy in discussions on reforming the international institutional and regulatory architecture.
For more information please contact:
Mr. Shuvojit Banerjee
ESCAP Macroeconomic Policy and Development Division
Tel: +66-2 288-1623
Email:
[email protected]
Mr. Mitch Hsieh
UN/ESCAP Information Services
Tel: +66-2 288-1862
Email:
[email protected]