Showing 1 - 10 of 2,498
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living …, as evidenced in the recent business cycle. The Asia and Pacific small states should continue rebuilding buffers and …
Persistent link: https://www.econbiz.de/10010790232
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10010790479
This paper explores how much of the movements in the sovereign spreads of Asian economies over the course of the global financial crisis has reflected shifts in (i) global risk aversion; (ii) country-specific risks, directly from worsening fundamentals, and indirectly from spillovers originating...
Persistent link: https://www.econbiz.de/10009151202
The paper explores the macroeconomic effects of three public pension reforms, namely an increase in retirement age, a reduction in benefits and an increase in contribution rates. Using a five-region version of the IMF‘s Global Integrated Monetary and Fiscal model (GIMF), we find that...
Persistent link: https://www.econbiz.de/10008839358
This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia … policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to …
Persistent link: https://www.econbiz.de/10011242249
This paper examines how Asian financial linkages with systemic economies have changed over time. After developing a factor model, it estimates Asian financial sensitivities to systemic economies, and then seeks to uncover their key determinants, which include trade and financial linkages, as...
Persistent link: https://www.econbiz.de/10011242367
examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia …, the credit supply response in Asia was only about half the size of the response in non-Asian countries, possibly due to a …
Persistent link: https://www.econbiz.de/10011242438
developing Asia, have strengthened economic links between the Far East and Saudi Arabia. Second, financial sector development in … Asia and the United States has the potential to increasingly generate tension between policy objectives in Saudi Arabia. …
Persistent link: https://www.econbiz.de/10011142130
Asia proved to be remarkably resilient in the face of the global financial crisis, but why was its output performance … the global financial crisis. Looking ahead, Asia is in the process of adjusting to more volatile external conditions and …
Persistent link: https://www.econbiz.de/10011142139
Persistent link: https://www.econbiz.de/10011245329