Showing 1 - 10 of 11
East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by expanding domestic demand and enlarging intra-regional...
Persistent link: https://www.econbiz.de/10014192737
Persistent link: https://www.econbiz.de/10000976720
This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an empirical general equilibrium model. The model allows for input-output linkages and capital movements across industries and economies, and consumption and investment dynamics. We...
Persistent link: https://www.econbiz.de/10013050277
This paper opens up a study of economic convergence in Asia. This convergence refers to the ability of developing … developing member countries of the Asian Development Bank. The study supports conditional convergence but not absolute … convergence. That is the lagging economies can catch up with the leading economies provided the former can adopt advanced …
Persistent link: https://www.econbiz.de/10012233447
This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People's Republic of China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this paper reviews the impacts of the 1997 Asian financial...
Persistent link: https://www.econbiz.de/10013142000
This paper examines the link between poverty and income, on the one hand, and human capital and location, on the other. In the process, the paper proposes a shift in the household indicator of human capital from the usual education of the household head to the education of the most educated...
Persistent link: https://www.econbiz.de/10010362230
This paper looks into whether and how sub-national regions can benefit from a country’s economic openness. Using data on the Philippines, it first notes marked disparities across its regions as reflected in economic and social indicators. The dominance of Metropolitan Manila in the national...
Persistent link: https://www.econbiz.de/10011453813
The “decoupling” of East Asia from its economic interactions – both in trade and finance – with the rest of the world refers to the phenomenon of a weakening of the impact of demand and supply shocks emanating from the advanced countries on the region's economic performance since the...
Persistent link: https://www.econbiz.de/10013123420
East Asia has remained the biggest market for liquefied natural gas (LNG) in 2018. The Russian Federation has a clear vision to develop its East Asia LNG projects to provide a bigger share of Asian LNG imports. We model Russian Federation–East Asia LNG trade patterns via the gravity trade...
Persistent link: https://www.econbiz.de/10014101634
The aftermath of the global financial crisis of 2007-2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to developed economies to...
Persistent link: https://www.econbiz.de/10013130000