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There is much speculation regarding a “race for dominance†among financial centers in Asia, arising from the …, however, suggests that there is an alternative prism through which the evolution of financial centers in Asia needs to be … Singapore as the current leading financial centers in the region. This analysis suggests that a competition for dominance can …
Persistent link: https://www.econbiz.de/10011123826
The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …
Persistent link: https://www.econbiz.de/10009369446
used as a leading indicator. Based on the FCI, financial conditions in Asia tightened substantially earlier in the global … crisis, reflecting losses in the stock markets and tighter credit conditions. In early 2010, financial conditions in Asia …
Persistent link: https://www.econbiz.de/10009203540
finds that Asia's remarkable output growth over the past 40 years reflected both high investment, and rapid productivity …
Persistent link: https://www.econbiz.de/10005826110
in Asia during the 1990s is found to be mainly from capital deepening. Total factor productivity (TFP) is also decomposed …
Persistent link: https://www.econbiz.de/10005768879
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living …, as evidenced in the recent business cycle. The Asia and Pacific small states should continue rebuilding buffers and …
Persistent link: https://www.econbiz.de/10010790232
Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus … our analysis is that there is still room to strengthen such policies in Asia to better achieve growth with shared … on inclusive growth could be sizeable in emerging Asia, since the estimated improvement in our proxy of inclusive growth …
Persistent link: https://www.econbiz.de/10011242240
This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia … policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to …
Persistent link: https://www.econbiz.de/10011242249
This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new value-added trade data for 63 advanced and emerging economies during 1995–2012. In a panel framework, we identify a strong positive impact of trade intensity on...
Persistent link: https://www.econbiz.de/10011142047
Using three distinct approaches—statistical filtering, production function, and multivariate model— this paper estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) during 1993–2013. The main...
Persistent link: https://www.econbiz.de/10011142066