Showing 1 - 10 of 191
Reform of financial regulation is a priority on the international agenda. At the call of the Group of Twenty Finance Ministers and Central Bank Governors (G-20), a number of new international standards have been issued, most notably Basel III. As a member of the G-20, the Financial Stability...
Persistent link: https://www.econbiz.de/10013120574
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters'' and national regulators'' response has been a global concerted effort to overhaul and tighten financial regulations. However, at a time of designing stricter...
Persistent link: https://www.econbiz.de/10013132039
Financial markets that function well are crucial for the long-run economic growth of a country. This paper, in the first instance, looks at how the financial development of an economy can be measured. It then traces the financial development of India through the 1990s to the present, assessing...
Persistent link: https://www.econbiz.de/10014043663
Asia increased substantially in response to quantitative easing in the United States financial market. The results of this … study confirm the existence of the bank lending channel in Asia and emphasize the role of credit flows in transmitting … found that the overall spillover effect was large but differed significantly in Asia by types of borrowing firms, financing …
Persistent link: https://www.econbiz.de/10012966420
Rapid population ageing and economic transformation in Asia raise the policy challenge of ensuring income security in … schemes in Asia, informed by insights from theory and international experience. The paper identifies alternative forms of …
Persistent link: https://www.econbiz.de/10010397227
capital markets. The main policy implication is that governments in Asia should continue and/or strengthen pension reforms …
Persistent link: https://www.econbiz.de/10010397236
Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the … early 2000s. Using new criteria, this paper examines whether Asia-Latin America FTAs have facilitated market-led integration … by liberalizing trade and behind the border regulatory barriers. Overall Asia-Latin America FTAs provide the foundations …
Persistent link: https://www.econbiz.de/10010397259
Rapid trade-led economic growth in emerging Asia has been shifting the global economic and industrial centres of … gravity away from the north Atlantic, raising the importance of Asia in world trade but also altering the commodity … composition of trade by Asia and other regions. What began with Japan in the 1950s and the Republic of Korea and Taipei,China from …
Persistent link: https://www.econbiz.de/10010397264
This paper evaluates the extent of exchange rate coordination among Asian economies using a hypothetical Asian Currency Unit. Rising interdependence among Asian economies makes it vital for these economies to have a certain degree of exchange rate stability. However, the empirical evidence using...
Persistent link: https://www.econbiz.de/10010397277
in the Asian region. Our second recommendation is for the East Asia Summit (ASEAN+10) to set up a high level working …
Persistent link: https://www.econbiz.de/10010397300