Showing 1 - 10 of 509
Koreas cross border capital flows have tended to respond negatively in global risk-off episodes, resulting in volatility in the foreign exchange market and occasional policy responses in the form of foreign exchange interventions. We study the relationship between Korean capital flows and global...
Persistent link: https://www.econbiz.de/10012154900
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China''s dramatic success in attracting foreign direct investment (FDI) has raised concerns that it has success … the impact of China''s emergence on FDI flows to Asia using data from 14 Asian economies from 1984 to 2002. The results … suggest that China did not have much impact on FDI to other countries. In particular, lowincome economies, which compete with …
Persistent link: https://www.econbiz.de/10014404204
We examine how Korea’s capital flows and trade have been affected by the quantitative easing (QE) of the United States and the quantitative and qualitative easing (QQME) of Japan. Korea is an intriguing case due to its borderline position between advanced and emerging market country groups,...
Persistent link: https://www.econbiz.de/10014411174
Using a VAR approach, this paper studies the relationship between money, output, and prices in a group of Pacific Basin countries that underwent financial sector reform during the 1980s: Indonesia, Korea, and the Philippines. Special attention is paid to assessing the information content of...
Persistent link: https://www.econbiz.de/10014398026
This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial...
Persistent link: https://www.econbiz.de/10014401275
The three main financial inflows to developing countries have largely increased during the last two decades, despite the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging literature investigates the dependence of their effects on...
Persistent link: https://www.econbiz.de/10012605579
Persistent link: https://www.econbiz.de/10009423185
The recent wave of foreign investment in China''s banks and the prospects of further opening of the banking sector … under the WTO agreement suggest that foreign banks are likely to play an increasingly important role in China. This paper … investments in China''s banks have been minority shareholdings with very limited management involvement. The paper concludes that …
Persistent link: https://www.econbiz.de/10014400612
entry matters more than access to the rest of China, which is consistent with market fragmentation due to underdeveloped …
Persistent link: https://www.econbiz.de/10014400961