Showing 1 - 10 of 383
crisis and the 2008 global financial crisis showed that the downside costs of financial globalization were magnified in the … impact of future financial turmoil. The experiences of the Republic of Korea suggest that, amid rapid financial globalization …
Persistent link: https://www.econbiz.de/10011757958
This paper examines the evolving dynamics between economic globalization and Asian regional interdependence, and asks … between helping themselves and helping the global economy. Asia is striving for modes of regional cooperation that are, on … integration and openness. The main policy findings are that Asia's future standing in an increasingly multi-centered world economy …
Persistent link: https://www.econbiz.de/10009487445
this oversight by using proxy data to explore the position of the Least Developed Countries (LDCs) located in Asia …
Persistent link: https://www.econbiz.de/10011635377
Substantial evidence exists that economic inequality in Asia has been growing, but the dimensions of this inequality … demographic groups in income surveys from six middle- and high-income countries across Asia: the People’s Republic of China (PRC … countries and time, cover even Asia’s developing countries, and encompass over 130,000 household records. This study describes …
Persistent link: https://www.econbiz.de/10011615561
This paper studies the catching-up process in per capita income of the so-called Asian Dragons and Tigers. It contributes to the literature in several ways. First, it tests the catching-up hypothesis using the longest time span ever considered, from 1870 to 2014. Second, it documents the...
Persistent link: https://www.econbiz.de/10011647741
Commodity prices have become volatile over the past 2 decades, and their recent sharp decline has decreased the consumer price index inflation rates for most economies. While many Asian economies have benefited from low international oil and food prices, commodity exporters have suffered. Thus,...
Persistent link: https://www.econbiz.de/10011621249
This study considers how education and globalization affect income inequality in Asia, with unbalanced panel data. The … indicates that a higher level of education achieved by the population aged 15 and over has improved income distribution in Asia … levels of globalization are correlated with higher levels of income inequality, while freedom, either political or economic …
Persistent link: https://www.econbiz.de/10011642136
This paper analyzes the impacts of the 1998 and 2008 financial crises on the Korean labor market. We study the historical background of the Korean Employment Insurance System and the change of labor policies from the 1998 Asian financial crisis to the current 2008 global financial crisis. While...
Persistent link: https://www.econbiz.de/10003983420
This paper examines fiscal policy issues in the Republic of Korea (hereafter Korea) after the 2009 global financial crisis, including the timing of fiscal policy responses, the effectiveness of expansionary measures, and the long-term implications for government debt. In order to evaluate more...
Persistent link: https://www.econbiz.de/10003983456
Motivated by the unprecedented rise of swap agreements between the central banks of developed economies and their developing economy counterparts, this paper evaluates Asian swap arrangements and their association with the build-up of foreign reserves prior to the 2008-2009 global financial...
Persistent link: https://www.econbiz.de/10009267752