new regional institutions that Asia needs to establish to contribute to this evolving global economic architecture. …

The paper investigates the labor market and social impacts of the global financial and economic crisis in Asia and the …

The COVID-19 pandemic has challenged global economies with unparalleled negative shock. Asia and Latin America have … America and Asia, such as the Latin American balance-of-payment crisis in the 1980s and a number of Latin American banking … challenged with worse debt dynamics and more limited access to dollar liquidity. Asia, instead, seems to have developed a much …

future and they have been concerned by Japan's long-term recession. This paper will address why Japan's economy has stagnated … Paul Krugman, that the Japanese economy is in a liquidity trap. We argue that Japan's economic stagnation stems from a … vertical IS curve rather than a liquidity trap. The impact of fiscal policy has declined drastically, and the Japanese economy …

This research piece is an empirical attempt to model the Indian economy at an aggregate level with annual data, ranging … growth in the Indian economy. However, the effectiveness of expansionary fiscal policy is observed to have a larger impact on … growth than easy monetary policy. This inference is drawn mainly on the basis of a simulation exercise for the proposed …

, causing huge economic losses. Six months after the March lockdown, the Philippine economy has moved to the recovery stage, but …