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This paper examines the effectiveness of capital account policy in terms of its ability to affect the volume and composition of capital flows, relieve pressures on real exchange rates, and foster monetary policy independence. Ten emerging Asian economies are used as case studies to assess the...
Persistent link: https://www.econbiz.de/10012020535
We investigate changes in Asia's regional and global trade linkages and their influence on macroeconomic relationships among Asia, Europe, and United States (US). We first document changes in trade patterns of East Asia, Europe, and US and discuss stylized facts about East Asia's trade...
Persistent link: https://www.econbiz.de/10003984627
diverse ways in which disaster-related migration may affect economic growth and social resilience in Asia. …
Persistent link: https://www.econbiz.de/10012026173
EM at the beginning of a cycle explain EM resilience during each cycle. More specifically, our baseline cross …-sectional regressions examine how those conditions affect three measures of resilience: bilateral exchange rate against the US dollar … resilience differ during tightening versus easing cycles, and institutions matter more during difficult times. Our specific …
Persistent link: https://www.econbiz.de/10014633512