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The global economic crisis in 2008-2009 had varying impacts on economies in Asia and the Pacific. This paper studies … the impacts of the global crisis, with emphasis on the labor market, on three Asian countries: Republic of Korea (Korea … product, Korea suffered the worst in reduced employment, and Philippines' output was affected only in 2009. In the labor …
Persistent link: https://www.econbiz.de/10003899265
The central objective of this paper is to empirically examine the issue of fiscal sustainability in developing Asia. To …
Persistent link: https://www.econbiz.de/10003984753
In this paper, we analyze the determinants of corporate saving in the form of changes in the stock of cash for 11 Asian economies using firm-level data from the Oriana Database for the 2002–2011 period. We find some evidence that cash flow has a positive impact on the change in the stock of...
Persistent link: https://www.econbiz.de/10010241527
Persistent link: https://www.econbiz.de/10008749696
The pullbacks of capital inflows to developing Asia following the onset of the global financial crisis in 2008 have …
Persistent link: https://www.econbiz.de/10003913748
this important issue by (1)examining the effect of QE on capital flows into developing Asia, and (2) analyzing the …
Persistent link: https://www.econbiz.de/10010463662
, emerging markets, and developing Asia. Financial and real economy effects of the crisis on Asia and various channels of … developing Asia are well prepared to cope with this crisis as a result of reforms undertaken in response to the Asian crisis of a … decade ago, and the fact that Asia has accumulated vast foreign exchange reserves through persistent current account …
Persistent link: https://www.econbiz.de/10003798227
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/10003832220
The global financial crisis underlined that sound and effective bank regulation is vital to financial stability. Assessments of the global financial crisis invariably point to ineffective finance regulation and supervision as the main reasons for the onset of the crisis and its severity. In...
Persistent link: https://www.econbiz.de/10011305260
This study examines the effects of capital account restrictions on capital flows in nine Asian economies over the period 1995-2005 using panel regressions with fixed effects. The results show that capital controls significantly affect capital flows when such flows are disaggregated by asset type...
Persistent link: https://www.econbiz.de/10010528529