Showing 1 - 10 of 99
Creation of the Council on Economic and Fiscal Policy (CEFP) made Japans economic and fiscal policy making more transparent, consistent and coherent. This new institutional arrangement accelerated structural reform and improved economic and fiscal policy making in general, thus contributing to...
Persistent link: https://www.econbiz.de/10009363693
This paper investigates the prevailing financial regulatory structures and impact of the current financial turmoil on banking performance in four Asian economies : the People's Republic of China (PRC); Hong Kong, China; Singapore; and Taipei,China. Both the PRC and Hong Kong, China operate under a...
Persistent link: https://www.econbiz.de/10009363823
, cite Korea and Taiwan at least as frequently as they cite the US and Japan. The "G5" group, which includes Britain, Canada … increasing regionalization of knowledge flow in East Asia. Korea and Taiwan, the region's leading innovators, cite each other at … least as frequently as they cite the US and Japan. Such knowledge flow has substantially intensified since the mid 1990s …
Persistent link: https://www.econbiz.de/10009365149
The accession of both China and Taiwan to the World Trade Organization (WTO) had important implications for relations … across the Taiwan Strait and Taiwans position in the regional economy although it did not fundamentally change trade policies … regionalism and bilateral free trade agreements in East Asia and the Pacific, and Chinas new freedom to join this game, Taiwan has …
Persistent link: https://www.econbiz.de/10009365156
Up to this point, Taiwan has had discriminatory trade and investment policies towards China, severely limiting economic … Asian economy, has resulted in Taiwan underperforming in attracting FDI, effectively cut Taiwan off from participating fully … economy. The Economic Cooperation Framework Agreement is a watershed in cross-Straits relations and gives Taiwan the …
Persistent link: https://www.econbiz.de/10009365319
This paper contrasts the United States (US) and European situations during the crisis and examines how much of the crisis has been imported by Europe from the US. The paper argues that Europe never had a chance to avoid contagion from the US. It also documents the relatively limited reaction of...
Persistent link: https://www.econbiz.de/10009363829
Monetary policy frameworks in the Asia and Pacific region have performed well in the past decade as judged by inflation outcomes. We argue that this is due to three principal factors : (i) central banks have focused on price stability as the primary objective of monetary policy, (ii)...
Persistent link: https://www.econbiz.de/10009363854
The paper reviews Indias macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and investment. The second section considers some of...
Persistent link: https://www.econbiz.de/10009363919
In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strategies, given certain assumptions about other macro policy choices and relevant exogenous factors. The...
Persistent link: https://www.econbiz.de/10009363923
East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by expanding domestic demand and enlarging intra-regional...
Persistent link: https://www.econbiz.de/10009363952