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Public Debt and the Macroeconomic Stability of Japan
Kameda, Keigo; Nakata, Masao - East Asian Bureau of Economic Research (EABER) - 2005
Recently, the outstanding debt of the Japanese government amounts to 695 trillion yen, which implies 139.5% of GDP. In … we confirm whether or not the huge amount of public debt violates the stability conditions for the Japanese economy. Our …
Persistent link: https://www.econbiz.de/10009365496
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China’s Economic Reform : Success, Problems and Challenges
He, Fan - East Asian Bureau of Economic Research (EABER) - 2006
Persistent link: https://www.econbiz.de/10009363702
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Cover sheet : Institute of World Economics and Politics, Chinese Academy of Social Sciences
He, Fan - East Asian Bureau of Economic Research (EABER) - 2007
We will provide a survey as well as a preliminary analysis on Chinas economic reform. Section II provides a brief overview of Chinas economic development from 1949 to present. Section III analyses the economic reform in the early 1980s. The planned economy was not sustainable because the...
Persistent link: https://www.econbiz.de/10009363716
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Managing Capital Flows : The Case of the People’s Republic of China
Yu, Yongding - East Asian Bureau of Economic Research (EABER) - 2008
The relatively successful management of cross-border capital flows has enabled the Peoples Republic of China (PRC) to achieve an extremely high average growth rate of more than 10 percent while keeping inflation under control. The management of cross-border capital flows is an indispensable...
Persistent link: https://www.econbiz.de/10009363815
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Debt and Corporate Governance in Emerging Economies - Evidence from India
Sarkar, Jayati; Sarkar, Subrata - East Asian Bureau of Economic Research (EABER) - 2005
We analyze the role of debt in corporate governance with respect to a large emerging economy, India, where debt has … been an important source of external finance. First, we examine the extent to which debt acts as a disciplining device in …-affiliated and non-affiliated companies to see if the governance role of debt is sensitive to ownership and control structures …
Persistent link: https://www.econbiz.de/10009365427
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The Global Economic Recession and Industrial Structure : Evidence from Four Asian Dragons
Hsieh, Wen-jen - East Asian Bureau of Economic Research (EABER) - 2011
The collapse of exports that has attended the current global economic recession threatens the export-led economic growth of the four Asian dragons. To better understand the economic performances and future prospects of the four dragons, this paper first examines the economic structural...
Persistent link: https://www.econbiz.de/10009652194
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The Global Economic Recession and Industrial Structure : Evidence from Four Asian Dragons
Hsieh, Wen-jen - East Asian Bureau of Economic Research (EABER) - 2011
The collapse of exports that has attended the current global economic recession threatens the export-led economic growth of the four Asian dragons. To better understand the economic performances and future prospects of the four dragons, this paper first examines the economic structural...
Persistent link: https://www.econbiz.de/10009652199
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Long-term fiscal sustainability in advanced economies
Auerbach, Alan J. - East Asian Bureau of Economic Research (EABER) - 2015
-term fiscal measures, such as the debt-GDP ratio and the current budget deficit as a share of GDP, bear little relationship to the …
Persistent link: https://www.econbiz.de/10011277985
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Long-term fiscal sustainability in advanced economies
Auerbach, Alan J. - East Asian Bureau of Economic Research (EABER) - 2015
-term fiscal measures, such as the debt-GDP ratio and the current budget deficit as a share of GDP, bear little relationship to the …
Persistent link: https://www.econbiz.de/10011278191
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The Development of Local Debt Markets in Asia : An Assessment
Goswami, Mangal; Sharma, Sunil - East Asian Bureau of Economic Research (EABER) - 2011
The paper gives an assessment of the progress made in developing local debt markets in emerging Asia. Market … insufficient support from government policies and regulations. Besides fostering a credit culture to deepen local debt markets, the …
Persistent link: https://www.econbiz.de/10009651614