Showing 1 - 10 of 35
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
deficit or cyclically adjusted budget deficits is misleading in the case of China, since a lot of what usually would be …-cyclical in China over the past two decades. …
Persistent link: https://www.econbiz.de/10005076727
This paper calculates a unit labor-cost based real effective exchange rate for China for the period 1987-2002. It …
Persistent link: https://www.econbiz.de/10005124915
This article discusses the probability of growth of neoliberalism in modern China and its implications for Chinese … constitutionalism. A China polity under the vision of a neo-liberal regime engenders problems of prescribing a legal system and … historicity of Western liberalism and China's ontological base in tradition, being Confucianism. The historic excesses and abuses …
Persistent link: https://www.econbiz.de/10005124920
In this paper we apply a simple macro model to explore and evaluate certain optimal monetary policy rules for China …'s economy. To be more consistent with the central bank (the People's Bank of China)'s behaviour, we use money supply as a …
Persistent link: https://www.econbiz.de/10005126241
direct investments in Mainland China provide robust support to the hypothesis. A project that was located 1000 kilometers …
Persistent link: https://www.econbiz.de/10005134453
This paper investigates how estimates of the extent and trend of income poverty in China between 1990 and 2001 vary as … within a reasonable range, a remarkable reduction in consumption poverty occurred in China during the 1990s. However …, estimates of the extent of Chinese poverty in any year are greatly influenced by the assumptions made. China’s record of …
Persistent link: https://www.econbiz.de/10005135025
mainly to fast increase of inputs. Young (2000) also estimated the TFP growth rate of China to be 1.4% per year during the … the non-agricultural economy (of China) during the reform period is respectable, but not outstanding.' China's real GDP …
Persistent link: https://www.econbiz.de/10005062403