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Persistent link: https://www.econbiz.de/10011254941
This report presents the research initiative to explore an alternative methodology for extrapolating purchasing power parities (PPPs) for 21 participating economies in the Asia and Pacific region. The 2009 PPP Update provides an intermediate benchmark and more firmly based real expenditures and...
Persistent link: https://www.econbiz.de/10010760360
Prepared by the Office of the General Counsel under the Law and Policy Reform program of the Asian Development Bank (ADB), this publication highlights the significant impact of ADB’s technical assistance for legal development in the People’s Republic of China (PRC). It also demonstrates the...
Persistent link: https://www.econbiz.de/10010762582
This paper develops the building blocks for a legal theory of finance. LTF holds that financial markets are legally … self-destruction of the financial system. This law-finance paradox tends to be resolved by suspending the full force of law … finance is concentrated around ultimate lenders of last resort and why regulating finance’s core has become so elusive. It …
Persistent link: https://www.econbiz.de/10011084310
We analyze the impact of non-compliance with a requirement similar to the Basel III Liquidity Coverage Ratio and its impact on bank intermediation applying Regression Discontinuity Designs. Using a unique dataset on Dutch banks, we show that non-compliance with a liquidity requirement causes...
Persistent link: https://www.econbiz.de/10011084639
Mongolia experienced a challenging transition from socialist economy to market economy from 1990 onwards. Its commercial insurance market is still at its infancy, with gross written premiums in 2013 amounting to only 0.54% of gross domestic production. ADB undertook this technical assistance...
Persistent link: https://www.econbiz.de/10010942326
Corporate governance principles provide guidance on how corporations should operate and can be useful to attract foreign investments. In the Association of Southeast Asian Nations (ASEAN), countries use national methodologies to assess corporate governance performance of publicly listed...
Persistent link: https://www.econbiz.de/10010884949
The Asian Development Outlook (ADO) envisaged tepid growth in the major industrial economies over the forecast horizon.
Persistent link: https://www.econbiz.de/10010885335
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...
Persistent link: https://www.econbiz.de/10011083510
August 2013. The workshop was organized by the Ministry of Finance, the National Development and Reform Commission, the Asian …
Persistent link: https://www.econbiz.de/10011272884