Showing 1 - 10 of 13
"While decentralization of education in DMCs has largely been driven by fiscal constraints, it has also been motivated … higher education. To varying degrees, DMCs have adopted some elements of decentralization in their education systems. These … schools, decentralization of school functions, and reforms to the incentive structure of schools and their teachers. However …
Persistent link: https://www.econbiz.de/10011279903
Viet Nam has experienced spectacular economic growth over the past decade, in part the result of massive foreign direct investment (FDI) inflows. Although much has been written on the impacts of FDI in developing countries, previous studies have generally ignored macroeconomic consequences in...
Persistent link: https://www.econbiz.de/10011281474
This paper analyzes the patterns and determinants of financial integration in East Asia by using the data set of cross-border holdings of financial assets such as equity portfolio, long-term and short-term debt securities, and bank claims. Empirical analysis based on the gravity model of...
Persistent link: https://www.econbiz.de/10011281482
Persistent link: https://www.econbiz.de/10010347083
Persistent link: https://www.econbiz.de/10001518332
Rapid globalisation has brought substantial benefits to developing Asia, but it has also heightened the risks associated with policy mistakes, weak financial institutions, and problems in corporate and public governance. The 1997 Asian crisis has demonstrated the urgent need to rethink the...
Persistent link: https://www.econbiz.de/10012441282
Achieving Financial Stability in Asia sets out to identify the elements which could restore confidence to the countries of the region and stabilise financial flows on a global basis. Thus, measures must be taken which include improving public and corporate governance, strengthening democracy and...
Persistent link: https://www.econbiz.de/10012447888
This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other...
Persistent link: https://www.econbiz.de/10012403350
Given the catastrophe in the world’s largest economy and the subsequent unprecedented ultra-easy money policies, policy makers around the world have to face a new environment. The resulting capital flows in emerging market economies were huge and volatile. These flows have been intermediated...
Persistent link: https://www.econbiz.de/10010890147
This publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. It covers the 10 members of the Association of Southeast Asian Nations plus the People’s Republic of China; Hong Kong, China; and the Republic of Korea.
Persistent link: https://www.econbiz.de/10010890159