Showing 1 - 10 of 158
This paper aims at identifying effective macroprudential policy (MPP) interventions and analysing the macroeconomic conditions that promote them. We define effective MPP interventions as those that stabilize its underlying target variable, such as credit growth, house price growth, etc. For our...
Persistent link: https://www.econbiz.de/10012835230
Myanmar's macroeconomic policy framework does not adequately support the new functions of the Central Bank of Myanmar. The monetary policy regime is deficient and institutions that complement the working of a market-based economy lacking. This paper identifies 10 priority areas for reform to...
Persistent link: https://www.econbiz.de/10013016128
This study examines the effects of capital account restrictions on capital flows in nine Asian economies over the period 1995-2005 using panel regressions with fixed effects. The results show that capital controls significantly affect capital flows when such flows are disaggregated by asset type...
Persistent link: https://www.econbiz.de/10013128050
conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in …
Persistent link: https://www.econbiz.de/10013128661
commonality through return and volatility. Cross-market liquidity commonality in Asia increased significantly during and after the …
Persistent link: https://www.econbiz.de/10013128663
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia's growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia's medium- and long-term growth. The overarching implication for policy makers is that supply …
Persistent link: https://www.econbiz.de/10013131314
of developing Asia, compared to the world average. The findings from panel instrumental variable regression confirm … of developing Asia, where this effect appears to be strongest. By contrast, domestic trade potential represented by … country size is found to be less relevant a factor in explaining the rise in income of developing Asia. In light of a likely …
Persistent link: https://www.econbiz.de/10013131315
In this paper, we analyze the determinants of the domestic saving rate in developing Asia during 1966-2007 and find … project future trends in domestic saving rates in developing Asia for 2011-2030 based on our estimation results, and find that … the aging of the population will be the main determinant of future trends in domestic saving rates in developing Asia …
Persistent link: https://www.econbiz.de/10013135315
This study reviews and analyzes the changes in total factor productivity (TFP) growth in 12 Asian economies – the People's Republic of China; Hong Kong, China; India; Indonesia; the Republic of Korea; Malaysia; Pakistan; the Philippines; Singapore; Taipei, China; Thailand; and Viet Nam – for the...
Persistent link: https://www.econbiz.de/10013135316
Although a latecomer, economically important Asia has emerged at the forefront of global free trade agreement (FTA … encourage a regionwide FTA. Political economy considerations suggest that a likely scenario is for FTA consolidation in Asia …
Persistent link: https://www.econbiz.de/10013135317