Showing 1 - 10 of 230
Lack of access to electricity and modern cooking fuels constitutes energy poverty. Access to modern energy requires improved technologies and financing instruments and sources. The pro-poor public-private partnership model is one useful vehicle for raising capital to finance projects. Five...
Persistent link: https://www.econbiz.de/10010241520
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
contributed to Asia's sustained rapid growth, its effect on income inequality is uncertain. The central objective of our paper is … to empirically examine the effect of structural change on wage inequality in Asia, using industry-level data for three …
Persistent link: https://www.econbiz.de/10011579027
borderless. This paper assesses the progress achieved thus far in capital market integration in Asia, and compares regional … that while the pace of regional integration of financial markets in Asia's emerging economies has accelerated in recent …-market returns driven by financial turmoil originating at both the regional and global levels spills over into emerging Asia domestic …
Persistent link: https://www.econbiz.de/10009781172
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
analysis and market-based risk measures well complement conventional debt sustainability analysis for Asia. …
Persistent link: https://www.econbiz.de/10011579024
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
"This paper investigates the determinants of past changes in the labor force of 12 emerging Asian countries, and attempts to make projections of the labor force in those countries for the period 2010-f 2030. Results from the regression analysis indicate that the labor force has grown faster than...
Persistent link: https://www.econbiz.de/10008749747
Using the "trilemma indexes" developed by Aizenman et al. (2008) that measure the extent of achievement in each of the three policy goals in the trilemma - monetary independence, exchange rate stability, and financial openness - this paper examines how policy configurations affect macroeconomic...
Persistent link: https://www.econbiz.de/10003913743
More than 20 years after the Asian financial crisis, the region's continued high reliance on United States (US) dollar-denominated funding has significant implications for the transmission of global financial conditions to domestic financial and macroeconomic circumstances. Given limited...
Persistent link: https://www.econbiz.de/10012485240