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 …

The central objective of this paper is to empirically examine the issue of fiscal sustainability in developing Asia. To …

The pullbacks of capital inflows to developing Asia following the onset of the global financial crisis in 2008 have …

this important issue by (1)examining the effect of QE on capital flows into developing Asia, and (2) analyzing the …

, 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 …

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 …