Showing 1 - 10 of 165
Recent international financial crises highlight the advantages of understanding the global financial system as a network of economies in which cross-border financial linkages are fundamental to the spread of systemic risk. We investigate the changing network of financial markets for six periods...
Persistent link: https://www.econbiz.de/10012892031
In this study, we attempt to understand the role of greater access to finance, i.e., stocks, bonds and bank loans, in public–private partnership (PPP) investment in developing countries. Most developing countries still depend heavily on fiscal financing for infrastructure projects. Our...
Persistent link: https://www.econbiz.de/10012892044
Developing Asia's financial depth as a whole compares favorably with other parts of the developing world, but there are …
Persistent link: https://www.econbiz.de/10013002510
We construct an index of financial development for 23 Asian economies based on subindices of access, depth, and efficiency of financial institutions and markets and find evidence that economies with weaker financial systems are catching up to the Asian benchmark economies, namely Hong Kong,...
Persistent link: https://www.econbiz.de/10013009691
This paper studies the effects of the United States' (US) quantitative easing on Asia by examining capital flows and …
Persistent link: https://www.econbiz.de/10013080288
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/10013080289
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/10013231710
Motivated by the literature on the finance – growth nexus, this paper explores the mechanisms through which finance affects corporate investments and capital accumulation. We separate the effects of financial conditions from those of financial development. Based on a sample of firms from five...
Persistent link: https://www.econbiz.de/10013082237
In Asia, aging countries with slow population growth worry about a lack of workers in the futureand see older people …
Persistent link: https://www.econbiz.de/10014347360
Asia and the Pacific. This is confirmed by debt ratio projections and evidence of widening pockets of vulnerability picked …
Persistent link: https://www.econbiz.de/10014357382