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The purpose of this study is to investigate how firms responded to the deterioration of bank health during the financially turbulent periods in the 2000s in making investment decisions and in meeting demand for liquidity. A rise in uncertainty regarding the ability to obtain external funds may...
Persistent link: https://www.econbiz.de/10010507361
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia's growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia's medium- and long-term growth. The overarching implication for policy makers is that supply …
Persistent link: https://www.econbiz.de/10011432686
trade within Asia while reducing trade outside. Adopting them would shift employment from energy and mining to manufacturing …
Persistent link: https://www.econbiz.de/10011432702
The central question addressed by this study is whether countries with above-average governance grew faster than countries with below-average governance. Using the World Bank's worldwide governance indicators to measure governance performance, it examines whether a country with governance...
Persistent link: https://www.econbiz.de/10011432704
In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The …
Persistent link: https://www.econbiz.de/10011432707
equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …
Persistent link: https://www.econbiz.de/10011432711
Sovereign wealth funds (SWFs) have emerged in developing Asia as a policy response to an unprecedented accumulation of … sensitivity of state-led FDI severely constrains the ability of developing Asia's SWFs to undertake FDI on a significant scale …. Therefore, the potential for developing Asia's SWFs to become major sources of outward FDI is more apparent than real. This …
Persistent link: https://www.econbiz.de/10010507256
developing Asia. More specifically, we examine the root causes of the large and persistent current account surpluses that have … of welfare and economic growth. Based on our analysis, we recommend a number of concrete policy directions to help Asia …
Persistent link: https://www.econbiz.de/10010507261
. An overwhelming response across Asia as international oil prices spiked in 2008 was to shield domestic consumers more …. Additionally, in combination with lower growth rates, higher spending to rev up demand across Asia is also worsening the fiscal …
Persistent link: https://www.econbiz.de/10010507263
frequent, longer lasting, and more severe in Asia than in the Organisation for Economic Co-operation and Development countries … financial crises or recessions in Asia. In view of the current global crisis and severe financial downturns, Asian economies are …
Persistent link: https://www.econbiz.de/10010507264