Showing 1 - 10 of 76
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...
Persistent link: https://www.econbiz.de/10011242206
This 2013 Article IV Consultation highlights that economic activity in Cambodia remained strong in 2013 driven by …
Persistent link: https://www.econbiz.de/10011245248
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
, macro-financial linkages, and macroprudential policies in emerging Asia. The key result is that macro-prudential measures …
Persistent link: https://www.econbiz.de/10010959468
economic centers may have contributed to this relatively poor performance. However, the emergence of Asia as a global economic … center presents Pacific island countries with an unprecedented opportunity to develop trade with Asia, particularly in …
Persistent link: https://www.econbiz.de/10010959471
Persistent link: https://www.econbiz.de/10011244316
countries are addressing and anticipating the challenges of an aging society. It suggests that Asia's preparedness for an aging …
Persistent link: https://www.econbiz.de/10005248253
time, the major recipients have changed: while the share of aid to Asia has diminished since the 1980s, that destined for …The volume of foreign aid has increased during the last four decades, albeit with interruptions in certain years. Over … the increased aid flows to sub-Saharan Africa. The share of technical cooperation-a component of aid that is viewed as …
Persistent link: https://www.econbiz.de/10005263710
The Asian financial crisis of 1997-98 was one of the most dramatic economic events of recent times, which raised many questions regarding the appropriate policy response to financial crises. This paper reviews the experience of this crisis, focusing on the overall strategy of crisis management...
Persistent link: https://www.econbiz.de/10005263845