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Fiscal policy in the crisis: Impact, sustainability, and long-term implications

Padoan, Pier Carlo - 2009

The global economic and financial crisis has sparked an unprecedentedly large, generalized fiscal policy response in practically all major industrial and emerging economies, which will change the fiscal and macroeconomic landscapes for some time to come. This paper offers an overview of the new...

Persistent link: https://www.econbiz.de/10010279792

New measures of the trilemma hypothesis: Implications for Asia

Ito, Hiro; Kawai, Masahiro - 2012

We develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In our exploration, we take a different and more nuanced approach than the previous indexes developed by Aizenman, Chinn, and Ito...

Persistent link: https://www.econbiz.de/10010397206

Green growth and equity in the context of climate change: Some considerations

Sachs, Jeffrey D.; Someshwar, Shiv - 2012

Green growth entails several different kinds of processes: conversion to low-carbon energy, climate resilience, and response to climate shocks. Equity implies a fair sharing of the costs, within countries and between countries. The authors set out to explore some of the ways that equity has been...

Persistent link: https://www.econbiz.de/10010397219

How low-carbon green growth can reduce inequalities

Anbumozhi, Venkatachalam; Bauer, Armin - 2013

Half of the world's population - 3 billion people - lives below the poverty line, and Asia has the largest share. In …

Persistent link: https://www.econbiz.de/10010397273

Narrowing the gaps through regional cooperation institutions and governance systems

Wyes, Heinrich-Wilhelm; Lewandowski, Michael - 2012

Regional governance systems and national frameworks to address climate change and accelerate green growth in Asia are reviewed and tools to address climate change are outlined. Options for regional level political institutions and financial architecture needed to fulfill voluntary pledges and...

Persistent link: https://www.econbiz.de/10010397298

Mainstreaming the adaptations and reducing the vulnerability of the poor due to climate change

Ranganathan, C. R.; Palanisami, K.; Kakumanu, K. R.; … - 2011

the world are wideranging and include development of technology, management, infrastructure, livestock, groundwater, and …

Persistent link: https://www.econbiz.de/10010397339

Evaluating the contributions of regional trade agreements to governance of service trade

Stephenson, Sherry; Robert, Maryse - 2011

services notified to the World Trade Organization (WTO) under Article V of the General Agreement on Trade in Services (GATS …

Persistent link: https://www.econbiz.de/10010286093

The financial crisis, rethinking of the global financial architecture, and the trilemma

Aizenman, Joshua; Chinn, Menzie D.; Ito, Hiro - 2010

This paper extends our previous paper (Aizenman, Chinn, and Ito 2008) and explores some of the unexplored questions. First, we examine the channels through which the trilemma policy configurations affect output volatility. Secondly, we investigate how trilemma policy configurations affect the...

Persistent link: https://www.econbiz.de/10010286160

Trade in services and human development: A first look at the links

Shepherd, Ben; Pasadilla, Gloria - 2011

Some services directly produce outputs that are important for human development, such as basic human services. Many other services are important inputs into the production and distribution of goods that are necessary for human development purposes. A more efficient services sector should mean...

Persistent link: https://www.econbiz.de/10010286182

Financial development: A broader perspective

Reid, Richard - 2010

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … may be more fruitful for today's emerging world to concentrate more on addressing the needs of savers and borrowers in … each individual system. A major lesson for the emerging world from past financial development is that there are risks …

Persistent link: https://www.econbiz.de/10010286191