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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/10014409435
This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as reductions in net carbon emissions; technological...
Persistent link: https://www.econbiz.de/10012677556
The oil price decline creates an opportunity to dismantle energy subsidies, which escalatedwith high oil prices. This paper assesses energy subsidies in Latin America and theCaribbean-about 1.8 percent of GDP in 2011-13 (approximately evenly split betweenfuel and electricity), and about 3.8...
Persistent link: https://www.econbiz.de/10012678979
This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for 35 advanced and emerging countries. We use a new multi-country historical dataset...
Persistent link: https://www.econbiz.de/10009401202
examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia …
Persistent link: https://www.econbiz.de/10009659761
paper is to assess whether this is true for emerging Asia's economies. Using a dynamic factor model and a structural vector … auto-regression model, we show that long-term interest rates in Asia are indeed predominantly driven by global factors …
Persistent link: https://www.econbiz.de/10009679028
determinants, which include trade and financial linkages, as well as policies. In line with Asia's growing role in the global …
Persistent link: https://www.econbiz.de/10009679040
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/10009422788
One consequence of interest rates remaining 'too low for too long' since the Global Financial Crisis is the buildup in private leverage in emerging economies. These vulnerabilities have been laid bare by the COVID-19 shock. This paper employs the growth at risk framework (Adrian, Boyarchenko,...
Persistent link: https://www.econbiz.de/10014408871
be a special case. Much of the reserve increase in Asia can be explained by an optimal insurance model under which … observed growth in reserves since 1997-98. Using threshold estimation techniques, the paper shows that most of Asia ca …
Persistent link: https://www.econbiz.de/10012677637