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Rapid technological progress poses challenges for labor markets. Automation can both displace and create jobs. Currently, an unprecedented digitalization of our economy is underway. Artificial intelligence has become a reality and machines are able to learn how to outperform humans in some...
Persistent link: https://www.econbiz.de/10012490567
Governments around the world have introduced a variety of programs aimed at facilitating distance learning in the home setting during school closures due to COVID-19. However, given the cross-country variations in state capacity, these programs differ significantly in terms of design, delivery,...
Persistent link: https://www.econbiz.de/10013350816
Since its onset in 2020, the COVID-19 pandemic has globally disrupted school operations, leading to a shift to some form of homeschooling arrangements. After two years, in March 2022, the government of Malaysia officially reopened all schools, ending its homeschooling program. This relatively...
Persistent link: https://www.econbiz.de/10014449926
Economic and Monetary Union, Japan, Sweden, and Switzerland - experienced negative nominal interest rates. We examine both …
Persistent link: https://www.econbiz.de/10011626278
This paper considers two major issues that need to be treated as matters of urgency. First, internal (within country) migrations in the Asian (ACI) region are mostly undocumented and large. It is shown there are significant differences in wages and human development measures to which migrants...
Persistent link: https://www.econbiz.de/10009628107
The impacts of the COVID-19 outbreak have heavily affected Central Asia Regional Economic Cooperation (CAREC) member countries, which include Afghanistan, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, the People's Republic of China (PRC), Tajikistan, Turkmenistan, and...
Persistent link: https://www.econbiz.de/10013342165
eventually resolved by a series of policies implemented from that period, together with an export-led economic recovery. Japan … regulatory measures to do so, as was done in Japan in 2002. Economic stagnation can cause new nonperforming loans to emerge …
Persistent link: https://www.econbiz.de/10003983441
Japan's "two lost decades" perhaps represent an extreme example of a weak recovery from a financial crisis, and are now …
Persistent link: https://www.econbiz.de/10009771825
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmonization is possible,...
Persistent link: https://www.econbiz.de/10008907786
The Great East Japan Earthquake on 11 March 2011 was the biggest earthquake recorded in Japanese seismic history, and …-generated electric power has largely been cut off since then. Production supply chains were significantly disrupted, not only in Japan …, but all over Asia. The disaster also highlighted Japan's many other structural challenges besides reconstruction needs …
Persistent link: https://www.econbiz.de/10009579526