1 “..., and to encourage Asia's recovery. • The resolution of Asia's domestic debt overhang must be the overriding policy...”

2 “...Economic downturns which have their roots in preceding credit excesses and debt overhang have...”

3 “..., which is a key framework condition for sustained growth. Monetary policy continues to respond swiftly...”

4 “... of monetary flows, the report examines the nature of thirteen overlapping, and oftentimes mutually reinforcing...”