Weekly Insights and Analysis

U.S. Financial Crisis: The Impact on Asia

October 1, 2008

Bruce Tolentino, The Asia Foundation’s Director for Economic Reform and Development Programs, continues to provide insight on the U.S. financial crisis’ impact in Asia. This week, he noted that a major recession in the United States would “hit export-heavy tech industries in Taiwan, South Korea and China hard” in addition to countries with large garment and textile sectors that export to the US and European markets.

Dr. Tolentino can be reached at

Related locations: China, Korea


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In Asia is a weekly in-depth, in-country resource for readers who want to stay abreast of significant events and issues shaping Asia\’s development, hosted by The Asia Foundation. Drawing on the first-hand insight of over 70 renowned experts in over 20 countries, In Asia delivers concentrated analysis on issues affecting each region of Asia, as well as Foundation-produced reports and polls.

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