Showing 1 - 10 of 175
? Data from South Asia suggest that member states have minor trade linkages and face asymmetrical patterns of shocks. This …
Persistent link: https://www.econbiz.de/10005825897
This paper calculates the levels of optimal national saving, investment, and the current account balance for five Asian economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach. These calculations show the sensitivity of...
Persistent link: https://www.econbiz.de/10005826103
Argentina (until 2001), Eastern Europe, and Asia. An index of precommitment is derived from an analysis of legislative …
Persistent link: https://www.econbiz.de/10005826104
finds that Asia's remarkable output growth over the past 40 years reflected both high investment, and rapid productivity …
Persistent link: https://www.econbiz.de/10005826110
The unprecedented rise in nonperforming assets during the recent Asian financial crisis severely tested the limit and capacity of the existing asset management infrastructure, leading policymakers to consider new approaches to resolve them. This paper examines two such approaches—the creation...
Persistent link: https://www.econbiz.de/10005826132
Sharp exchange rate depreciations in the East Asian crisis countries (Indonesia, Korea, and Thailand) raised doubts about the efficacy of increasing interest rates to defend the currency. Using a standard monetary model of exchange rate determination, this paper shows that tighter monetary...
Persistent link: https://www.econbiz.de/10005826134
-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
Persistent link: https://www.econbiz.de/10005826706
used as a leading indicator. Based on the FCI, financial conditions in Asia tightened substantially earlier in the global … crisis, reflecting losses in the stock markets and tighter credit conditions. In early 2010, financial conditions in Asia …
Persistent link: https://www.econbiz.de/10009203540
Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus … our analysis is that there is still room to strengthen such policies in Asia to better achieve growth with shared … on inclusive growth could be sizeable in emerging Asia, since the estimated improvement in our proxy of inclusive growth …
Persistent link: https://www.econbiz.de/10011242240