Showing 1 - 10 of 260
Asia faces very large infrastructure funding demands, estimated at around US$750 billion per year for energy, transport …, telecommunications, water, and sanitation during 2010-2020 (ADB/ADBI 2009). Asia has large savings, significant international reserves … topics: First, what are the lessons for Asia from the European Union's experience of developing and integrating financial …
Persistent link: https://www.econbiz.de/10003983478
This paper examines the developments of cross-border portfolio assets and liabilities in the Asia and Pacific region …. Limited capital inflows to debt securities issued by emerging Asia may be attributable to the early stages of bond market … reflects Japan's preference toward debt securities. Other Asia and Pacific economies have invested more heavily in foreign …
Persistent link: https://www.econbiz.de/10011843951
We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through three routes: money by itself, exchange rate, and inflation. Our result points to the fact that...
Persistent link: https://www.econbiz.de/10010400823
This paper examines the international transmission of volatility in the stock markets of countries in emerging Asian economies (EAEs). The time period of the study is from before the Asian financial crisis until after the global financial crisis. Over two decades the degree of volatility...
Persistent link: https://www.econbiz.de/10011686493
in emerging Asia after the NIRP was announced. …
Persistent link: https://www.econbiz.de/10011635608
This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross-market premium (the ratio between the domestic and the international market price of cross-listed stocks)...
Persistent link: https://www.econbiz.de/10003855387
This paper analyzes the causes of the 2008 - 2009 global financial crisis together with its manifestations, using a Multiple Indicator Multiple Cause (MIMIC) model. The analysis is conducted on a cross-section of 85 countries. It is found that more financially integrated countries do not seem to...
Persistent link: https://www.econbiz.de/10009424735
This study provides comparative perspectives on the current and prospective situation of financial market development in ASEAN, the PRC, and India, identifies key priorities for strengthening financial infrastructure to promote financial development and regional integration, and produces policy...
Persistent link: https://www.econbiz.de/10009490694
This paper discusses the financial landscape of the Association of Southeast Asian Nations (ASEAN), a region engaged in building an economic community (a "single market and production base") by 2015. In particular, it reviews where ASEAN's financial markets and institutions now stand and...
Persistent link: https://www.econbiz.de/10009725116
As cross-border movements of goods, capital, and labor are intensifying, it is likely that goods markets in East Asia … will become increasingly integrated. This study investigates the current state of goods market integration in East Asia by … importance of a three-pronged integration strategy covering trade, money, and development policies, and of East Asia …
Persistent link: https://www.econbiz.de/10009758531