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The Role of Macroeconomic Policy in Rebalancing Growth
Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2010
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278107
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The Role of Macroeconomic Policy in Rebalancing Growth
Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2010
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278160
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The Role of Macroeconomic Policy in Rebalancing Growth
Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2010
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278217
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Sub-Prime Financial Crisis and US Policy Choices
Oh, Yonghyup; Song, Wonho - East Asian Bureau of Economic Research (EABER) - 2008
This paper argues that the subprime financial crisis reflects weakness in the real economy of the US from its start. Our comparison with prior US recessions indicates that the epicenters of most of the recessions were in the financial sector and that recessionary pressure was present in the last...
Persistent link: https://www.econbiz.de/10009363856
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Three Arrows of “Abenomics†and the Structural Reform of Japan : Inflation Targeting Policy of the Central Bank, Fiscal Consolidation, and Growth Strategy
Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - East Asian Bureau of Economic Research (EABER) - 2014
“Abenomics†refers to the economic policies advocated by Prime Minister Shinzo Abe who became prime minister of Japan for a second time when his party, the Liberal Democratic Party, won an overwhelming majority at the general election in December 2012. Abenomics has “three...
Persistent link: https://www.econbiz.de/10011134366
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Three Arrows of “Abenomics†and the Structural Reform of Japan : Inflation Targeting Policy of the Central Bank, Fiscal Consolidation, and Growth Strategy
Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - East Asian Bureau of Economic Research (EABER) - 2014
“Abenomics†refers to the economic policies advocated by Prime Minister Shinzo Abe who became prime minister of Japan for a second time when his party, the Liberal Democratic Party, won an overwhelming majority at the general election in December 2012. Abenomics has “three...
Persistent link: https://www.econbiz.de/10011134392
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Salient Aspects of the Growth Story of Indian Railways 1981-82 through 2007-08
Alivelu, G. - East Asian Bureau of Economic Research (EABER) - 2010
(IR) since independence. More specifically, the study aims to analyse the trends of output and employment for the period …(1992-93-2002-03);PeriodIII(2003-04to2007-08). Inaddition, the study also looks at the 'turnaround' story of IR. The output … management personnel (group A&B), semi-skilled employees (group C) and unskilled employees (group D). The data on freight output …
Persistent link: https://www.econbiz.de/10009365380
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Economic Openess, Disciplined Government and Ethnic Peace
Kumaran, Nava Ravi; Abeysinghe, Tilak - East Asian Bureau of Economic Research (EABER) - 2008
Many studies have examined the determinants of ethnic conflicts in multi-ethnic developing countries and report a myriad of contributory factors. It is natural to observe many correlates because ethnic wars tend to gain their own momentum and proceed for variety of reasons that are not directly...
Persistent link: https://www.econbiz.de/10009365043
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Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)
Kumar, Rajiv; Soumya, Alamuru - East Asian Bureau of Economic Research (EABER) - 2010
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278027
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Asia’s Post-Global Financial Crisis Adjustment : A Model-Based Dynamic Scenario Analysis
Kawai, Masahiro; Zhai, Fan - East Asian Bureau of Economic Research (EABER) - 2010
Using a dynamic global general equilibrium model, the paper assesses the short- and medium-term impacts of the global financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world economy. The analysis suggests that EEA is unlikely...
Persistent link: https://www.econbiz.de/10011278041