The document discusses the challenges faced by Asian economies due to rising trade restrictions, regional excess capacity, and increasing debt levels. It highlights the impact of China's import substitution drive and the rise in regional debt, particularly in China. The document emphasizes the need for Asian policymakers to recognize risks such as deflation, debt, and policy dependency, and to adopt structural policies for sustainable growth.
documents/vol00010-efta01458974-pdf.pdf
{"title":"World Outlook 2016: Managing with less liquidity","key_people":["Taimur Baig"],"document_date":"2015-12-08","document_type":"correspondence","key_locations":["China","Japan","Taiwan","Korea","Singapore","Thailand","India","Indonesia","Hong Kong","Malaysia","South Korea"],"key_organizations":["Deutsche Bank AG"]}