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Recent international financial crises highlight the advantages of understanding the global financial system as a network of economies in which cross-border financial linkages are fundamental to the spread of systemic risk. We investigate the changing network of financial markets for six periods...
Persistent link: https://www.econbiz.de/10011903175
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 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
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
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
Developing Asia's financial depth as a whole compares favorably with other parts of the developing world, but there are …
Persistent link: https://www.econbiz.de/10011346234
Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were … will also last for a short time or developing Asia should prepare for a long period of remittance stagnation. This study …
Persistent link: https://www.econbiz.de/10003913760
The central objective of this paper is to empirically evaluate the degree of linkages among East Asian equity and bond markets. The primary contribution of our paper to the empirical literature is that we use a financial gravity model grounded in economic theory. Using data from the...
Persistent link: https://www.econbiz.de/10009301900
The issue of decoupling is controversial. On the back of Asia's sustained high growth, the hypothesis that the region …'s business cycles would become increasingly independent of the global trend gained considerable attention. Asia was nonetheless … of macroeconomic interdependence between emerging East Asia and Group of 3 economies. First, the progress of regional …
Persistent link: https://www.econbiz.de/10011581854
developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic … trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … with developing Asia, in particular the relative shares of parts and components versus final goods in its imports from the …
Persistent link: https://www.econbiz.de/10003899253