Showing 1 - 10 of 16
In this paper, we examine the effects of introducing constraints on government borrowing using a continuous-time overlapping generations model of a small open economy. We consider government placing constraints on the amount of government bonds outstanding by establishing an upper limit, or...
Persistent link: https://www.econbiz.de/10009363913
Over 10 years after the currency crisis, the degree of exchange rate misalignment is still an issue of contention for …
Persistent link: https://www.econbiz.de/10009365503
, most notably during late 1970s up to early 1980s, and the 1997 hnancial crisis. The disruptions were caused both by … is found that, before the crisis, economic growth helped poor more than proportionately since around 1992, when compared … to the succeeding period of 1986-1992. After the crisis, the growth was unfavorable to the Thai poor only in 1999. Using …
Persistent link: https://www.econbiz.de/10009365520
Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic … recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis …
Persistent link: https://www.econbiz.de/10009653180
Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic … recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis …
Persistent link: https://www.econbiz.de/10009653200
Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic … recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis …
Persistent link: https://www.econbiz.de/10009653219
With globalization and advances in information and communication technology (ICT) leading to growing international production sharing, amidst the increasing trend in preferential trading arrangements (PTAs), rules of origin (ROO) has been beset with difficult recurring issues. First and foremost...
Persistent link: https://www.econbiz.de/10009363398
Striking a balance between trade facilitation and preventing trade deflection is the single most difficult challenge with regard to the issue of rules of origin (ROO). ASEAN ROO is already considered as among the simplest in the world and still, in practice, results fall short of expectations....
Persistent link: https://www.econbiz.de/10009363409
This paper explores the impacts of exchange rate on trade between Japan and China, with special attention to differences of pricing structure of international trade across industries. Although the Chinese yuan was fixed against the U.S. dollar for several years, it has been fluctuating against...
Persistent link: https://www.econbiz.de/10009363907
Chinas large current account surpluses not only destabilize its macroeconomic conditions but also are also at the center of global rebalancing. The literature offered five explanations for such surpluses, most of which are important but fail to account for the recent surge and/or offer...
Persistent link: https://www.econbiz.de/10009363979