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global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the … Risk: Global Liquidity, Capital Flows, and Macroprudential Policy-An Asian Perspective" also explores the range of policy … options that may be deployed to address the impact of global liquidity on domestic financial and socio-economic conditions …
Persistent link: https://www.econbiz.de/10012403350
Rising economic integration in Asia and periodic volatility in global and national financial markets raise the issue of the optimal degree and form of monetary cooperation among Asian economies. There is a large literature on the benefits and costs of monetary cooperation, however, less can be...
Persistent link: https://www.econbiz.de/10011281476
build-up of savings and liquidity in their banking systems, as well as a greater domestic focus in most of the region …'s markets. However, despite the higher liquidity and lower levels of global integration, the effects of the crisis in Asia were … in less developed economies, will require policies and initiatives that add liquidity and depth to attract broader …
Persistent link: https://www.econbiz.de/10010529703
Persistent link: https://www.econbiz.de/10003765900
The global economic crisis in 2008-2009 had varying impacts on economies in Asia and the Pacific. This paper studies the impacts of the global crisis, with emphasis on the labor market, on three Asian countries: Republic of Korea (Korea), Philippines, and Thailand. It develops a crisis index...
Persistent link: https://www.econbiz.de/10003899265
Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally different in that even the countries that send remittances have been adversely affected. The...
Persistent link: https://www.econbiz.de/10003913760
A key legacy of the Asian financial crisis of 1997-1998 is a sustained drop-off in the investment rates of East Asian countries that were hardest hit by the crisis. We first review the stylized facts of investment in those countries, and then explore and evaluate the various possible...
Persistent link: https://www.econbiz.de/10003913767
Persistent link: https://www.econbiz.de/10003968239
Persistent link: https://www.econbiz.de/10003957394
After considering the background to the G20 summit meetings after the recent global economic and financial crisis, this paper aims to identify the trade agenda that represents Asia's concerns for the global and regional trading system. Asia, in particular East Asia, has played an important role...
Persistent link: https://www.econbiz.de/10011281462