Showing 1 - 10 of 1,026
This paper assesses the effect of constrained trade finance on trade flows in countries undergoing financial and balance of payments crises. Most of the countries that had a major crisis had a significant trade contraction, while trade-related finance declined sharply. However, trade may also be...
Persistent link: https://www.econbiz.de/10014404046
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and …
Persistent link: https://www.econbiz.de/10014394381
Persistent link: https://www.econbiz.de/10010389478
This paper estimates empirically the changing degree of capital mobility in several Pacific Basin countries that have pursued financial liberalization in recent years. Tracing the impact of the liberalization process on the capital account, the paper also examines the implications for monetary...
Persistent link: https://www.econbiz.de/10014398038
This paper investigates the long-run pattern of private saving in Indonesia, Malaysia, Singapore, and Thailand. These … each country, except for Indonesia where the effects of demographics have been even more pronounced …
Persistent link: https://www.econbiz.de/10014398225
, 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/10012667433
evidence and concludes that, except for Malaysia, which adopted a hard peg and imposed capital controls, the other crisis …
Persistent link: https://www.econbiz.de/10014399947
deflator yields the greatest evidence of “stationarity.” The study find’s that the Malaysian, Philippines, and Thai currencies …
Persistent link: https://www.econbiz.de/10014401020
This paper evaluates monetary policy and its relationship with the exchange rate in five Asian crisis countries. The findings are compared with previous currency crises in recent history. The paper finds no evidence of overly tight monetary policy in the Asian crisis countries in 1997 and early...
Persistent link: https://www.econbiz.de/10014401509
aftermath of the Asian crisis. The results suggest that movements in the Asia-5 currencies (Indonesia, Korea, Malaysia …, Philippines, and Thailand) were significantly influenced by the U.S. dollar''s day-to-day movements before the crisis, and have …
Persistent link: https://www.econbiz.de/10014403621