Showing 1 - 10 of 13
The main objective of this paper is to suggest reform measures to address the gaps and weaknesses in emerging Asia …'s financial regulatory and supervisory systems, on the basis of lessons drawn from the global crisis. For emerging Asia, the …-ranging financial reforms, emerging Asia will face dramatic changes in the global financial landscape. The region's authorities need to …
Persistent link: https://www.econbiz.de/10011283456
's markets. However, despite the higher liquidity and lower levels of global integration, the effects of the crisis in Asia were …
Persistent link: https://www.econbiz.de/10010529703
This paper examines the unfolding of the US subprime-generated turmoil and its potential spillover on emerging Asia …
Persistent link: https://www.econbiz.de/10010529708
paper aims to identify the trade agenda that represents Asia's concerns for the global and regional trading system. Asia, in … particular East Asia, has played an important role in evolving the global production and trade networks. The regional production … network in East Asia became the major transmission mechanism of the crisis, resulting in a trade collapse, but Asia …
Persistent link: https://www.econbiz.de/10011281462
This paper estimates the impact of monetary policy on exchange rates and stock markets for eight small open economies: Australia, Canada, the Republic of Korea, New Zealand, the United Kingdom, Indonesia, Malaysia and Thailand. On average across these countries, a one percentage point surprise...
Persistent link: https://www.econbiz.de/10011282915
This paper examines the extent to which economic crises facilitate the development of more effective regional institutions and whether such institutions can shield regions from crises. It compares six regional economic crises over the last four decades and the institution building - or decay -...
Persistent link: https://www.econbiz.de/10011283417
implications for finance in Asia, Douglas Arner and Lotte Schou-Zibell draw lessons for Asian financial systems with regard to the …
Persistent link: https://www.econbiz.de/10011283429
relevance to Asia’s developing economies and hence require further attention at the regional level. We argue that global …
Persistent link: https://www.econbiz.de/10011283432
Monitoring the behavior of potential output helps policymakers implement appropriate policies in response to an economic crisis. In the short-run, estimates of the output gap can guide the timing of the implementation and withdrawal of stimulus measures. In the medium- to long-term, these...
Persistent link: https://www.econbiz.de/10011283442
The goal of this paper is to provide stylized facts on recovery from economic downturns and to evaluate the role of macroeconomic policies in promoting recovery. In particular, we examine gross domestic product (GDP) recessions and financial downturns (credit contractions and stock price...
Persistent link: https://www.econbiz.de/10011283446