Showing 1 - 10 of 174
During the past five years or so, most East Asian economies including the Philippines experienced a rising level of foreign exchange reserves and rapidly appreciating currencies both in nominal and real terms. One cause has been the resurgence of capital flows, which makes the issue of how to...
Persistent link: https://www.econbiz.de/10009363497
The study employs Girton and Roper (1977) measure of exchange market pressuresum of exchange rate depreciation and foreign reserves outflow, to examine the interaction between exchange market pressure and monetary variables, viz. domestic credit (Reserve Money) and interest rate. Evidence from...
Persistent link: https://www.econbiz.de/10009363927
Monetary policy is the process by which the central bank of a country controls the supply of money, the availability of money, and the cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy. Fiscal policy induced demand...
Persistent link: https://www.econbiz.de/10009365531
The United States and China are at a turning point in their investment relationship. China’s previous investments in the US were predominantly in government securities, while other holdings were negligible. Recently, the accumulation of treasury securities has slowed and direct...
Persistent link: https://www.econbiz.de/10011134322
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …
Persistent link: https://www.econbiz.de/10011277964
Rapid population ageing and economic transformation in Asia raise the policy challenge of ensuring income security in … schemes in Asia, informed by insights from theory and international experience. The paper identifies alternative forms of …
Persistent link: https://www.econbiz.de/10011277969
While it is widely recognized that industrial development is imperative in developing countries to reduce poverty and to attain sustainable economic growth, there is no consensus on how to develop industries and where to start. Generally, the literature argues that developing countries should...
Persistent link: https://www.econbiz.de/10011277986
The Asia-Pacific region is witnessing rapid economic growth. Along with rising incomes, the lifestyles of the large … pressure to adjust their lifestyles that respect the Earths’ carrying capacity. As far as countries in the Asia and Pacific … the Asia-Pacific can join hands with businesses and civil society to accelerate this transition—from a consumption …
Persistent link: https://www.econbiz.de/10011277996
with preventing productive human capital outflows ought to be considered seriously in Asia. …
Persistent link: https://www.econbiz.de/10011278005
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …
Persistent link: https://www.econbiz.de/10011278015