Showing 1 - 10 of 266
This paper tests for evidence of contagion between the financial markets of Thailand, Malaysia, Indonesia, Korea, and …
Persistent link: https://www.econbiz.de/10013212114
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014073466
(FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have been small. The relative … insulation of emerging Asia from the global financial cycle can likely be attributed to the presence of managed capital accounts … developing Asia is likely to be small …
Persistent link: https://www.econbiz.de/10013027617
Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global GDP. But it has also created a number of challenges including environmental degradation, especially in small island countries where the carbon footprint of tourism constitute...
Persistent link: https://www.econbiz.de/10014076818
The prolonged investment decline in post-Asian crisis emerging Asia, in contrast to the swift recovery of economic …. Empirical results based on macro and firm-level data from Indonesia, Malaysia, and Thailand (ASEAN-3) support this hypothesis …
Persistent link: https://www.econbiz.de/10013085985
, however, was not uniform. Even in a relatively homogenous group of countries such as ASEAN-4 (Indonesia, Malaysia, the … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand …
Persistent link: https://www.econbiz.de/10013072592
. To illustrate these benefits, this paper shows how PSBSanalysis can be applied to assess risks to Indonesia's public …
Persistent link: https://www.econbiz.de/10012869289
Since the adoption of the inflation targeting framework by Bank Indonesia (BI), monetary policy communication has … focusing on its monetary policy press releases and monetary policy reports. The results show that Bank Indonesia has made …
Persistent link: https://www.econbiz.de/10012828234
The paper compares trends in financial integration within Asia with those in industrialized countries and other …
Persistent link: https://www.econbiz.de/10013131605
. But, after the crisis, Asia's sovereign spreads normalized, despite the debt crisis in the euro area, reflecting a fall in …
Persistent link: https://www.econbiz.de/10013124056