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The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … role of the service sector as an engine of growth in Asia. However, some Asian countries where the service sector is …
Persistent link: https://www.econbiz.de/10010507372
service sector, has made service sector development a top priority for developing Asia. Our central objective is to broadly …
Persistent link: https://www.econbiz.de/10010507378
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