Showing 1 - 10 of 409
held back by a sharp fall in investment rates, which has left firms with little need for bond borrowing. Even so, markets … have developed in other ways, to such an extent that substantial amounts of foreign portfolio investment have begun to flow … investment likely to rise, ASEAN5 bond markets could expand rapidly over the next decade, holding out the prospect that the …
Persistent link: https://www.econbiz.de/10009151213
This paper examines how the macroeconomic effects of capital controls vary depending on which type of international financial transaction they cover. Drawing on Malaysia's experiences in regulating the capital account during the 1990s, it finds, in an error-correction model, that capital...
Persistent link: https://www.econbiz.de/10005263719
The paper provides a systematic analysis of bilateral, source and host factors driving portfolio equity investment …
Persistent link: https://www.econbiz.de/10005599398
The prolonged investment decline in post-Asian crisis emerging Asia, in contrast to the swift recovery of economic … growth, has remained a puzzle. This paper shows that the post-crisis investment recession has been mainly concentrated in the …
Persistent link: https://www.econbiz.de/10011142140
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
sample suggest that one factor holding back investment in foreign bonds in East Asia may be limited geographical … of financial integration or interrelatedness, asking how Asia compares with Europe and Latin America and with the base … more financially integrated than other regions. Asia, more interestingly, already seems to have made more progress on this …
Persistent link: https://www.econbiz.de/10005769016
. While some countries need to raise consumption, several need to raise investment or reorient it from tradable to nontradable … sectors. These changes in investment could be facilitated by financial reforms that enhance domestically oriented firmsâ … uncertainty, and by improvements in infrastructure that raise the returns to private investment. …
Persistent link: https://www.econbiz.de/10008839325
The paper compares trends in financial integration within Asia with those in industrialized countries and other …
Persistent link: https://www.econbiz.de/10008839330
Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of … size and cross-border investment activity, the region’s markets are reputed to be more “idiosyncratic†and less …€œnoise†in stock pricing, which suggests that improvements in the regulation of securities markets in Asia could enhance the role …
Persistent link: https://www.econbiz.de/10011142146
The literature on the investment technology of foreign versus domestic investors has inconclusive results. This paper …
Persistent link: https://www.econbiz.de/10010790259