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The global economic crisis in 2008-2009 had varying impacts on economies in Asia and the Pacific. This paper studies …
Persistent link: https://www.econbiz.de/10003899265
frequent, longer lasting, and more severe in Asia than in the Organisation for Economic Co-operation and Development countries … financial crises or recessions in Asia. In view of the current global crisis and severe financial downturns, Asian economies are …
Persistent link: https://www.econbiz.de/10003832190
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
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
, 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
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
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 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
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
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