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architecture (GFA) after the East Asian crisis, and assesses factors that can improve the chances of real reform this time. A … factual assessment of various causes advanced for the global crisis, puts the main responsibility on lax regulation. Liquidity … a useful example of flexible but managed exchange rates that allowed market deepening and export growth. …
Persistent link: https://www.econbiz.de/10009363874
financial crisis in Asia are not high today, there are new risks of financial turbulence originating from sub-prime crisis in … the US and new opportunities for using the financial strength of the region for accelerated growth with equity. To guard …. In order to respond to the current crisis, the major players in the region should develop a consensus on the outline of a …
Persistent link: https://www.econbiz.de/10009363876
largest sector of the economy, the agriculture sector contributes substantially to the growth process. Using a small CGE model … illuminate the greater effectiveness of agriculture trade liberalisation in promoting the overall growth process, given increased …
Persistent link: https://www.econbiz.de/10009363383
implications for economic development. Using National Accounts Statistics and cross-county data, we show that the growth of … services has been broad-based. We show that the growth of service sector employment is not simply disguised manufacturing … underscores the importance for India of continuing to invest in labour skills. We conclude that sustaining economic growth and …
Persistent link: https://www.econbiz.de/10009363516
Basin Development suffered a setback following the financial crisis in East Asia that began in July 1997. Recently, however … growth. It is in this context that this paper takes a look at the current situation. …
Persistent link: https://www.econbiz.de/10009363520
-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that … association. Here we identify two waves of service sector growth, a first wave in countries with relatively low levels of per …
Persistent link: https://www.econbiz.de/10009363635
Persistent link: https://www.econbiz.de/10009363681
Persistent link: https://www.econbiz.de/10009363707
Republics (CARs) since 1990. The focus is on the pattern of growth and structural change during the cycle of decline and …
Persistent link: https://www.econbiz.de/10009363926
East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience … exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by … expanding domestic demand and enlarging intra-regional trade. A key factor to achieving higher regional economic growth and …
Persistent link: https://www.econbiz.de/10009363952