Is the Rebound Sustainable?

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Summary

WHILE the tsunami tragedy had a knee-jerk effect on Asian stock markets at

the beginning, they seem to have largely ignored this disaster as most

Extract

Is the Rebound Sustainable?

have since regained lost ground. But, is it just a short-term rebound?

We focus on the impact of the tsunami on the Malaysian economy, and to a

lesser extent, other larger Southeast Asian economies like Thailand and

Indonesia, and ponder whether if the quick rebound of the markets in the

region is sustainable, given the scale of the disaster.

Impact of the tsunami on regional economies

According to a report by Morgan Stanley, while the tsunami has caused

massive human suffering and economic...