Showing 1 - 10 of 375
Persistent link: https://www.econbiz.de/10009726530
Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China's import …'s rebalancing are estimated for some 60 countries using value-added trade data, and are found to be more negative on Asia and …
Persistent link: https://www.econbiz.de/10011711412
developing Asia, have strengthened economic links between the Far East and Saudi Arabia. Second, financial sector development in … developing Asia’s growth cycle for the Saudi economy, while the latter suggests greater influence of U.S. monetary policy on the … non-oil economy through the peg to the U.S dollar. As a result, divergence between the growth cycles in developing Asia …
Persistent link: https://www.econbiz.de/10014395361
What are the constraints that have stalled EMs efforts to reuse their securities in international financial centers? We discuss the economics of collateral re-use and the present institutional structure in Asian and Latin American countries. Our empirical investigation suggests pledgeability...
Persistent link: https://www.econbiz.de/10012604765
potentially play a pivotal role in monetary policy transmission. However, we find that Asia's bank lending channel or, more …
Persistent link: https://www.econbiz.de/10011373979
Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic...
Persistent link: https://www.econbiz.de/10012001583
Economic adjustment and reform programs, including those supported by international financial institutions (IFIs), must cope with informational asymmetries and special interest politics. This presents a particularly serious issue when IFIs make structural economic reforms a condition for...
Persistent link: https://www.econbiz.de/10014400737
This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionary effect on annual real GDP growth in the domestic economy, but that this effect...
Persistent link: https://www.econbiz.de/10014399990
declined over the same period. In short, the recent era of globalization has witnessed the emergence of regional business …
Persistent link: https://www.econbiz.de/10014395417
the relative role of 'globalization' and 'technology' shocks in accounting for the short and long run variance of global …
Persistent link: https://www.econbiz.de/10011711761