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As it is becoming clear that climate change will exert a major impact on inflation, economic growth, and financial system stability, central banks and financial regulators have increasingly recognized that they can no longer ignore climate change and other environmental issues. In general,...
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The "decoupling" of East Asia from its economic interactions - both in trade and finance - with the rest of the world …
Persistent link: https://www.econbiz.de/10009161760
freefall at the world level, there emerged a second order response at the level of regional institutional building … integration and openness. The main policy findings are that Asia's future standing in an increasingly multi-centered world economy …
Persistent link: https://www.econbiz.de/10009487445
Following the 1997-1998 Asian financial crisis, financial authorities in ASEAN+3 embarked on several new initiatives for East Asia's financial cooperation, including: (i) regional economic surveillance led by the Economic Review and Policy Dialogue (ERPD); (ii) a regional liquidity support...
Persistent link: https://www.econbiz.de/10010526534
The purpose of this paper is to reexamine the exchange rate policy of the Republic of Korea, and its role in promoting financial and monetary cooperation in East Asia in the wake of the 2008 global financial crisis. The Republic of Korea would not actively participate in any discussion of...
Persistent link: https://www.econbiz.de/10009315802
the 19 countries in the eurozone. It was founded in 2012 at the height of the sovereign debt crisis in Europe. Originally … financial stability arrangement in Europe has suffered from organizational and procedural over-complexity. Reforming the system … capabilities to provide reform programs and surveillance for crisis countries. Here, the experiences in Europe can provide hints …
Persistent link: https://www.econbiz.de/10012289927
and Central Bank Governors' Meeting, Asia-Pacific Economic Cooperation and Asia-Europe Meeting provide opportunities for …
Persistent link: https://www.econbiz.de/10011635154
financing facilities. These programs have distinct features compared with assistance programs in other parts of the world, such …
Persistent link: https://www.econbiz.de/10011635367