Showing 1 - 10 of 239
Persistent link: https://www.econbiz.de/10005826706
, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia …This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these … outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …
Persistent link: https://www.econbiz.de/10011242249
-of financial integration in Asia. The third considers the implications of economic integration for the choice of the exchange rate …
Persistent link: https://www.econbiz.de/10005826187
Net capital flows to emerging Asia rebounded at a record pace following the global financial crisis, raising concerns …
Persistent link: https://www.econbiz.de/10011242351
The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …
Persistent link: https://www.econbiz.de/10009369446
This paper attempts to set out the principal issues that need to be resolved in formulating a proposal for quotas and voice reform in the IMF that could command broad support. Following John Rawls, we argue that "justice is the first virtue of social institutions," and we use his theory of...
Persistent link: https://www.econbiz.de/10005825790
Financial globalization has increased dramatically over the past three decades, particularly for advanced economies … principle, financial globalization should enhance international risk sharing, reduce macroeconomic volatility, and foster …
Persistent link: https://www.econbiz.de/10010790496
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in … recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited … overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction …
Persistent link: https://www.econbiz.de/10005263792
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger...
Persistent link: https://www.econbiz.de/10011242243
Despite the global slowdown, Cambodia’s economy has been holding up, driven by resilient exports and tourism and a strong real estate recovery. Fiscal policy has remained anchored in rebuilding government deposits and maintaining long-term fiscal debt sustainability, while providing...
Persistent link: https://www.econbiz.de/10011243380