Showing 1 - 10 of 196
This paper reviews the patterns of sectoral debts and growth and the mechanisms explaining the adverse effects of debt burdens on growth rates. The empirical analysis covers a sample of 55 emerging and frontier market economies. Future economic growth is more sensitive to rising household debt...
Persistent link: https://www.econbiz.de/10014280028
Cross-border bank positions in Asia and the Pacific remain highly concentrated to few counterparties, exposing the … financial stability. To this end, we construct cross-border bank concentration measures for 47 economies in Asia and the Pacific …, are significantly associated with lower cross-border bank concentration. Moreover, elevated cross-border bank …
Persistent link: https://www.econbiz.de/10012508886
A recent Asian Development Bank publication estimates the large infrastructure financing requirement in Asia for the …. This paper analyzes a critical aspect of expanding private finance to infrastructure by examining the role of bank lending … guided more by macroeconomic factors and by the strength of their balance sheets. The key policy implications to unlock bank …
Persistent link: https://www.econbiz.de/10011896351
This paper identifies inadequate effort to use market-based approaches, among others, as a reason for limited progress in arresting continuing environmental degradation in the Asia and Pacific region. Quoting examples, the paper asserts that markets can be created for ecosystem protection and...
Persistent link: https://www.econbiz.de/10003758443
The European Union (EU) became the largest single market for clothing imports in 2007, surpassing the United States (US). This paper examines the competitive position of suppliers from developing Asia in the expanded EU clothing market relative to other non-EU suppliers, including those...
Persistent link: https://www.econbiz.de/10003758447
are the consequence of the central bank's purchases of foreign exchange, means that those reserves have counterpart …
Persistent link: https://www.econbiz.de/10003767989
The paper analyzes the stylized features of historical crisis episodes for 21 developing Asian economies over 1961–2007. The paper finds that while there is substantial diversity, on average, recessions and financial downturns are more frequent, longer lasting, and more severe in Asia than in...
Persistent link: https://www.econbiz.de/10003832190
Global oil prices have subsided relative to the peak reached in mid-2008, but compared to historical levels they remain elevated and volatile as economic uncertainties continue to unfold. The likelihood of these prices rising again soon cannot be ruled out. High oil prices can adversely affect...
Persistent link: https://www.econbiz.de/10003832198
This paper uses the empirical relationship between economic growth and poverty reduction observed between 1990 and 2005 and different scenarios for economic growth to get a sense of how the economic slowdown in the region will affect the incidence of poverty. Since most countries that we work...
Persistent link: https://www.econbiz.de/10003832214
Global current account imbalances are one of the key macroeconomic imbalances that underlie the global financial crisis. The central objective of this paper is to analyze the causes and consequences of global imbalances from the perspective of developing Asia. More specifically, we examine the...
Persistent link: https://www.econbiz.de/10003832220