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Our paper examines the volatility spillover between the stock market and the foreign exchange market in Pakistan. For the longrun relationship we use the Engle Granger two-step procedure and the volatility spillover is modelled through the bivariate EGARCH method. The estimated results from...
Persistent link: https://www.econbiz.de/10009365411
The demand for environmental goods is often low in developing countries. The major causes are awareness regarding the …
Persistent link: https://www.econbiz.de/10009365241
Chinese economy has been in a state of external imbalance and internal imbalance for some years, which certainly has something to do with the undervaluation of renminbi (RMB). But Chinese Government hesitates to revalue RMB because of the worry that RMB revaluations are contractionary thus have...
Persistent link: https://www.econbiz.de/10009365455
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
Financial safety nets in Asia have come a long way since the Asian Financial Crisis (AFC) of 1997–98. Not wanting …
Persistent link: https://www.econbiz.de/10011278018