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Japan's post-triple-disaster growth strategy
Kawai, Masahiro; Morgan, Peter J. - 2012
The Great East Japan Earthquake on 11 March 2011 was the biggest earthquake recorded in Japanese seismic history, and …-generated electric power has largely been cut off since then. Production supply chains were significantly disrupted, not only in Japan …, but all over Asia. The disaster also highlighted Japan's many other structural challenges besides reconstruction needs …
Persistent link: https://www.econbiz.de/10009579526
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Banking crises and "Japanization" : origins and implications
Kawai, Masahiro; Morgan, Peter J. - 2013
Japan's "two lost decades" perhaps represent an extreme example of a weak recovery from a financial crisis, and are now …
Persistent link: https://www.econbiz.de/10009771825
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Economic and political transitions from premodern to modern states in the Meiji Restoration and Xinhai Revolution : a strategic approach
Aoki, Masahiko - 2014
some extent in Japan until well into the mid-20th century. Were extractive political regimes, commonly regarded as the … and Japan. It then describes how endogenous strategic forces evolved from among the intermediate organizations in each …
Persistent link: https://www.econbiz.de/10010364041
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The Republic of Korea's economy in the swirl of global crisis
Cho, Dongchul - 2009
This paper argues that the Republic of Korea (hereafter Korea) is not immune to global crises, but that a more than proportional response of gross domestic product to global crises does not seem to be the general case either. Along this line of reasoning, Korea's extreme response to the current...
Persistent link: https://www.econbiz.de/10003901402
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Crisis, imbalances, and India
Kumar, Rajiv; Vashisht, Pankaj - 2011
With the revival of global economy, the issues of "exit policies" and rebalancing global growth have taken center stage in policy discussions. Since many emerging Asian economies presently have large current account surpluses, the issue of rebalancing has special significance for Asia. While...
Persistent link: https://www.econbiz.de/10008907776
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The role of macroeconomic policy in rebalancing growth
Morgan, Peter J. - 2011
The aftermath of the global financial crisis of 2007 - 2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to developed economies...
Persistent link: https://www.econbiz.de/10008907795
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Asia's post-global financial crisis adjustment : a model-based dynamic
Kawai, Masahiro; Zhai, Fan - 2010
Using a dynamic global general equilibrium model, the paper assesses the short- and medium-term impacts of the global financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world economy. The analysis suggests that EEA is unlikely...
Persistent link: https://www.econbiz.de/10008732262
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The impact of free trade agreements on business activity : a survey of firms in the People's Republic of China
Zhang, Yunling - 2010
The People's Republic of China (PRC) has emerged as a major player in the global economy and considers free trade agreements (FTAs) an important part of its global trading strategy. The PRC’s export industries are embedded in existing regional and global production networks and are reliant on...
Persistent link: https://www.econbiz.de/10008732272
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Promoting learning and industrial upgrading in ASEAN countries
Thorbecke, Willem; Lamberte, Mario B.; Komoto, Ginalyn - 2010
This paper traces the effects of the "East Asian Miracle," the 1997-1998 Asian Crisis, the recovery, and the 2008-2009 global financial crisis on ASEAN countries. It also considers how ASEAN countries can sustain growth by leveraging production networks to facilitate technology transfer. To...
Persistent link: https://www.econbiz.de/10008732282
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The role of the state in managing and forestalling systemic financial crises : some issues and perspectives
Adams, Charles - 2010
This paper reviews recent state interventions in financial crises and draws lessons for crisis management. A number of areas are identified where crisis management could be strengthened, including with regard to the tools and instruments used to involve the private sector in crisis resolution...
Persistent link: https://www.econbiz.de/10008732347