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, however, was not uniform. Even in a relatively homogenous group of countries such as ASEAN-4 (Indonesia, Malaysia, the … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand …
Persistent link: https://www.econbiz.de/10010790382
Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income distribution. It finds that better infrastructure, both...
Persistent link: https://www.econbiz.de/10011242245
Persistent link: https://www.econbiz.de/10005605521
. Empirical results based on macro and firm-level data from Indonesia, Malaysia, and Thailand (ASEAN-3) support this hypothesis. …
Persistent link: https://www.econbiz.de/10011142140
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10010959467
This article is an empirical analysis on tax collections in the Philippines. The tax system is characterized by a rule … source of income for the Philippines is the labor export. This large-scale labor emigration fetches a sufficient amount of …
Persistent link: https://www.econbiz.de/10011245832
Persistent link: https://www.econbiz.de/10005826705
opportunities within the Philippines. …
Persistent link: https://www.econbiz.de/10011243326
The Philippines’ macroeconomic fundamentals have improved considerably during the past decade. However, new macrofinancial challenges are emerging. The economy is continuing to adjust to the large persistent inflows from abroad. Transmission of domestic policy interest rates has been...
Persistent link: https://www.econbiz.de/10011243342
Persistent link: https://www.econbiz.de/10011244052