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rulebased monetary policy strategy in the case of the SBP. We have estimated the Taylor rule and simulated the economy using … the economy under consideration rather than by relying on the ones suggested by the Taylor rule. …
Persistent link: https://www.econbiz.de/10009365462
China, and the gradual incorporation of the region into the worldwide economy. In recent years, much of the support for the …
Persistent link: https://www.econbiz.de/10009363520
Persistent link: https://www.econbiz.de/10009365314
credible measures by policy-makers to revitalise the Japanese economy. While steps to be taken for the long-run competitiveness … and economic revitalisation of the Japanese economy are clear (with the only doubt being about whether and how effectively …-zero nominal interest rates in Japan, most observers argue that an expansionary monetary policy would be ineffective. However, as …
Persistent link: https://www.econbiz.de/10009364004
Following the crises of the late 1990s and the subsequent slowdown in the world economy, many countries in the … is considering widening the agreement to include countries such as China, Japan and the Republic of Korea. A bilateral … estimated US$380 million (0.22 per cent of GDP). However, annual gains from a completely liberalised ASEAN plus China, Japan and …
Persistent link: https://www.econbiz.de/10009365154
New Zealands average income, defined as GDP per capita, is now three quarters that of Australia and even lower than in Australias poorest state, Tasmania. Over the last seven years, New Zealand has grown slightly faster than Australia, but at these rates, it would still take 140 years to close...
Persistent link: https://www.econbiz.de/10009365494
. Japan succumbed to this bashing, and the yen appreciated too much in 1985, with the result that Japan fell into a zero … of Japan (BOJ), the yen depreciated about 25% against the dollar, stoking fears of a return to Japan bashing by the US …
Persistent link: https://www.econbiz.de/10011134346
This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. The …
Persistent link: https://www.econbiz.de/10011134347
With the rise of the People’s Republic of China (PRC) as the world’s largest trading nation (measured by trade value) and second largest economic power (measured by GDP), its economic influence over the neighboring emerging economies in East Asia has also risen. The PRC introduced...
Persistent link: https://www.econbiz.de/10011134348
As all eyes are on the strategy and policy measures of the People’s Republic of China (PRC) to push the international use of the yuan, this paper turns to the internationalization of the Japanese yen and compares it with what the PRC is doing. There are some fundamental differences in the...
Persistent link: https://www.econbiz.de/10011134351