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Persistent link: https://www.econbiz.de/10014396966
', respond? How did the United States, Japan and other G-7 countries react to the crisis? What role did the IMF play? Why did … China, which suffers from many of the same structural problems responsible for the crisis, remain conspicuously insulated … from the turmoil raging in its midst? What explains Asia's remarkable recovery just three years after the crisis? In what …
Persistent link: https://www.econbiz.de/10012794368
Mit dem Ausbruch der Wirtschafts- und Finanzkrise in 2008, verabschiedeten die Europäischen Regierungen vielfältige …
Persistent link: https://www.econbiz.de/10009424669
We study the recent Crimean Crisis and the sequence of outcomes that led to the intervention by the Russian Army, which directly affected equity prices in Russia, to investigate how informed traders may have used their advantage to trade prior to the moment markets fell. We compute the...
Persistent link: https://www.econbiz.de/10012935657
contributed to Asia's sustained rapid growth, its effect on income inequality is uncertain. The central objective of our paper is … to empirically examine the effect of structural change on wage inequality in Asia, using industry-level data for three …
Persistent link: https://www.econbiz.de/10012986571
Persistent link: https://www.econbiz.de/10002126973
The paper discusses the pros and cons of capital account liberalization. Rather than contrasting liberalization and regulation of capital flows as irreconcilable antagonisms, we argue that capital account liberalization requires institutional and regulatory safeguards. Even though the...
Persistent link: https://www.econbiz.de/10011490391
Persistent link: https://www.econbiz.de/10013261131
The worst global downturn since the Great Depression has caused ballooning budget deficits in most nations, as tax revenues collapse and governments bail out financial institutions and attempt countercyclical fiscal policy. With notable exceptions, most economists accept the desirability of...
Persistent link: https://www.econbiz.de/10003975102