Bearing in mind these developments in Japan's economy, I will now move on to the factor that I regard as most important when discussing future developments in Japan's economy and overseas economies – the impact of the ongoing financial crises in the United States and Europe on overseas economies and on Japanese financial conditions. 2  BIS Review 151/2008  II.
And I would formulate it as a question: why should Emerging Asian countries abide by principles different from those which some advanced economies and international institutions are advocating? I have in mind in particular the first  2  BIS Review 150/2009  principle established by the IMF in the G20 exit strategy document I mentioned previously.