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This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries … poverty rate, but they tend to decrease the poverty gap and thereby ameliorate the depth of poverty. The estimates suggest … that a 10% increase in remittances decreases the poverty gap by about 0.7-1.4%. The paper also explores the robustness of …
Persistent link: https://www.econbiz.de/10003913752
This paper examines the relationships between economic growth, income distribution, and poverty for 17 Asian countries … in inequality on poverty. This trade-off between inequality and growth is quantified using a tool called the "inequality …% increase in inequality, with poverty remaining unchanged. Second, the paper looks into the issue of pro-poor growth. How to …
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"Since the 1997 Asian financial crisis, a popular view among academic economists and policymakers is that developing countries with open capital accounts have only two options in their exchange rate regimes: either float the exchange rate freely or fix it hard. Within a fixed exchange rate...
Persistent link: https://www.econbiz.de/10011279904
This paper surveys recent literature on the design of international institutions and applies the insights from it to the prospects for regional economic cooperation in the Asia-Pacific. The political and economic heterogeneity of the region has served the process of regional economic...
Persistent link: https://www.econbiz.de/10011281461
Expanding trade with East Asia’s "Big Three" economic giants - the People's Republic of China (PRC), Japan, and the Republic of Korea - offers a new potential source of growth for ASEAN in the post-global-crisis period. In fact, ASEAN has been actively pursuing trade liberalization with the...
Persistent link: https://www.econbiz.de/10011281463