Showing 1 - 10 of 87
The paper studies regional (spatial) inequality in five most populous countries in the world: China, India, the United … issue of overall inequality as perceived by citizens within a nation. China and India show rising inequality in terms of … vs. Bihar, and Shandong vs. Sichuan provide nice examples of such outcomes in India and China. Higher inflation and …
Persistent link: https://www.econbiz.de/10005556224
about the extent of initial poverty and the rate of subsequent poverty reduction in China, India, and the rest of the … the extent and trend of poverty in China, India, and the rest of the developing world, world poverty may or may not have …
Persistent link: https://www.econbiz.de/10005062424
Organization (WTO). This paper examines the implications of China’s WTO accession for India’s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China’s WTO entry in terms …One of the most significant recent developments in world trade has been the entry of China into the World Trade …
Persistent link: https://www.econbiz.de/10005062637
. The regional (16 Indian states and 28 Chinese provinces) level study of India and China show that the quality of growth …
Persistent link: https://www.econbiz.de/10005118671
In the light of the inequity of the way losses from bank insolvencies and their avoidance through intervention by the authorities have been distributed over creditors, depositors, owners and the population at large in transition and emerging economies, this paper explores a number of regulatory...
Persistent link: https://www.econbiz.de/10005134654
This paper examines the role and determinants of collateral in emerging markets compared to mature ones. Analyzing a data set of 560 credit files of Thai commercial banks, we find that both the incidence and degree of collateralization are higher there than in developed markets. Thai banks use...
Persistent link: https://www.econbiz.de/10005134744
Asia has emerged as the balancing wheel of global finance. The countries of Asia now account for 70 per cent of global foreign exchange reserves, compared to only 30 percent in 1990 and 21 per cent in the early 1970s. This paper explores theoretical interpretations for the relatively high demand...
Persistent link: https://www.econbiz.de/10005119482
Since the start of the 1990s, several countries have abandoned fixed- but-adjustable exchange rate regimes. The tendency towards floating exchange rate regimes, or alternatively monetary unions, has given rise to a debate on the disappearance of pure currency crises, and the literature has...
Persistent link: https://www.econbiz.de/10005556609
From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery. This paper analyzes economic policy and data of the time to explain why fluctuations were so violent and to draw lessons for Emerging Markets investors as well as for...
Persistent link: https://www.econbiz.de/10005561251
We investigate the effect of financial liberalization on the probability of a banking crises in economies with poor transparency We construct a model with imperfect information where banks cannot distinguish between aggregate shocks on the one hand, and government’s policy and firms’...
Persistent link: https://www.econbiz.de/10005561599