Showing 1 - 7 of 7
Developing Asian countries have accumulated foreign exchange reserves on an unprecedented scale in recent years. There is a growing consensus that Asia's reserves now substantially exceed the levels required for precautionary purposes or for self-protection against currency crisis. The central...
Persistent link: https://www.econbiz.de/10003878349
World trade volume is in retreat for the first time in more than two decades and the contraction is on a scale not seen … trade with the rest of the world. Moreover, US imports that avail of preferential tariff treatment are also contracting more … to strangle world trade. The failure of bilateral free trade agreements to act as a shock absorber suggests that a new …
Persistent link: https://www.econbiz.de/10003913740
largest number of the world's poor. In 2008, around 63% of the poor worldwide lived in the region. …
Persistent link: https://www.econbiz.de/10009301843
done to strengthen our financial systems. As the world addresses the financial impact of the COVID-19 pandemic, the …
Persistent link: https://www.econbiz.de/10012232895
This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries using data for more than 20 countries in the region for 1988-2007. The results indicate that remittances positively affect home country real gross domestic product (GDP) per...
Persistent link: https://www.econbiz.de/10003913752
Trade and investment reforms in the Lao People's Democratic Republic (Lao PDR) since the mid-1980s have boosted natural resource-based exports, underpinning recent economic growth. A high proportion of the proceeds from these exports accrue directly to the government. Over the 8 years preceding...
Persistent link: https://www.econbiz.de/10009734255
This paper examines the extent to which Pakistan's growth has been, or is likely to be, limited or constrained by its balance-of-payments (BOP). The paper begins by briefly considering the BOP-constrained growth model in the context of demand and supply-oriented approaches to economic growth....
Persistent link: https://www.econbiz.de/10003845559