Poverty is arguably the most pressing economic problem of the time of global financial crisis that crisis have adverse impact on it through a variety of channels and typically lead to slowdowns in economic activity and, consequently, rise in formal unemployment and/or falls in real wages. On the...

In this paper we argue about the determinants that influence the process of financial market integration in the East Asia-Pacific region. We question whether GDP, Exchange rate and real interest rate influence the financial integration. We construct a regression specification with respect to a...

This paper examines the interaction between openness, growth, and development using a panel of ten developing East Asian countries (China, Japan, Korea, Malaysia, Indonesia, the Philippines, Singapore, Hong Kong, Macao and Vietnam) and five-year averages for the period, 1975-2005. Its primary...