Showing 1 - 10 of 28
and the Pacific's past experience in dealing with shocks show that focusing on economic growth alone is not enough. Rising …
Persistent link: https://www.econbiz.de/10012500457
This paper compares financial assistance programs of four euro-area countries (Greece, Ireland, Portugal, and Cyprus) and three non-euro-area countries (Hungary, Latvia, and Romania) of the European Union in the aftermath of the 2007/08 global financial and economic crisis - which were supported...
Persistent link: https://www.econbiz.de/10011635367
Asian emerging market economies have recovered relatively well from the Great Recession of 2008-2009. Emerging Asia has been quite successful in maintaining both macroeconomic and financial stability in a turbulent global environment. Policy frameworks and governance structures have been adapted...
Persistent link: https://www.econbiz.de/10011635404
This paper develops a three-period overlapping-generations model where middle-aged agents care about not only their own lifetime utility but also their old parents’ and children’s well-being. The double altruistic agents choose amounts of intergenerational transfers to their old parents and...
Persistent link: https://www.econbiz.de/10011757923
Persistent link: https://www.econbiz.de/10012308200
Persistent link: https://www.econbiz.de/10011847428
rebalanced toward regional demand- and trade-driven growth through increased regional connectivity. The effectiveness of … rules and policies. This paper draws linkages between connectivity, growth and development, governance, and institutions. It …
Persistent link: https://www.econbiz.de/10003983432
to describe the nature and extent of developmental and growth asymmetries in Asia. Some conceptual aspects of growth … asymmetries are summarized before undertaking an econometric exploration of growth convergence in the Asian region in comparison … to some other prominent regions of the world. The paper finds some evidence of growth divergence among East Asia Summit …
Persistent link: https://www.econbiz.de/10003927386
Two major economic problems are currently shadowing Asian economies. On the one hand, the slowdown in the US economy, ignited by the subprime mortgage crisis, may not be confined to the US region and may affect Asian countries as well. On the other hand, the recent fuel and food price increases,...
Persistent link: https://www.econbiz.de/10003855375
In the run-up to the 2008 global financial crisis, there was frequent discussion of Asia having decoupled from economic shock transmission originating in Europe or North America. Much of the basis for these arguments was related to the rapid expansion of intraregional trade in Asia. This paper...
Persistent link: https://www.econbiz.de/10003855394