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Closing development gaps : challenges and policy options

Brooks, Douglas Howard (contributor) - 2010

informed by rigorous evaluation; and social protection systems. The experience of developing Asia and others has shown that …

Persistent link: https://www.econbiz.de/10008658813

The evolving postcrisis world

Grenville, Stephen A. - 2010

A crisis provides an opportunity to examine how an economy works under pathological conditions. What are the lessons? Markets work well most of the time. That said, the global financial crisis has weakened faith in the market's self-equilibrating qualities. Fiscal policy works well to offset...

Persistent link: https://www.econbiz.de/10008658819

Lessons from the 1997 and the 2008 crises in the Republic of Korea

Lee, Hangyong; Rhee, Changyong - 2012

several important policy issues that might have regional implications for Asia. …

Persistent link: https://www.econbiz.de/10009546783

Flexibility of adjustment to shocks : economic growth and volatility of middle-income countries before and after the Global Financial Crisis of 2008

Aizenman, Joshua; Jinjarak, Yothin; Estrada, Gemma; … - 2017

The pronounced and persistent impact of the global financial crisis of 2008 motivates our empirical analysis of the role of institutions and macroeconomic fundamentals on countries' adjustment to shocks. Our empirical analysis shows that the associations of growth level, growth volatility,...

Persistent link: https://www.econbiz.de/10011754881

Sovereign risk, elections, and contagion

Li, Chi; Balding, Christopher; Lee, Minsoo - 2013

This paper aims to quantify the political risk effect and its different economic implications in normal and crisis situations through the proxy analysis of election and the sovereign bond spreads. Our study leads to three main findings. First, in normal economic situations, elections and...

Persistent link: https://www.econbiz.de/10009781196

Causes and consequences of global imbalances : perspective from developing Asia

Adams, Charles; Park, Donghyun - 2009

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 US financial crisis, global financial turmoil, and developing Asia : is the era of high growth at an end?

James, William E. (contributor) - 2008

, 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 …