Showing 1 - 10 of 175
Japan, which were amplified by a failure of coordination across the plant, corporate, industrial, and regulatory levels … in Japan. We propose a transitory price mechanism that can restrain price volatility while providing investment …
Persistent link: https://www.econbiz.de/10009379747
The Fukushima Daiichi nuclear disaster was an accident at the Fukushima I Nuclear Power Plant in Fukushima, Japan …-long nuclear shutdown in the country. During the shutdown, Japan substituted fossil fuels for nuclear power and became more … elasticity of oil consumption to crude oil price before and after the Fukushima disaster in Japan's various economic sectors. To …
Persistent link: https://www.econbiz.de/10011594378
This paper discusses adjustments of capital account restrictions and exchange rate regimes in East Asia. Monetary authorities have two options for these adjustments: gradual adjustments or rapid adjustments. We analyze the costs and benefits for both adjustment options in each area, i.e.,...
Persistent link: https://www.econbiz.de/10010498553
(ASEAN); Hong Kong, China; the PRC; and Taipei, China. Japan has shown less interest in assuming a greater role in East Asia …'s economic integration due to deflation, a strong yen, slow growth, and political instability. Japan would not eschew free … floating. These recent developments demand a new modality of monetary cooperation among the Republic of Korea, Japan, and the …
Persistent link: https://www.econbiz.de/10009315802
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
This paper explores the spillover effects of Japan's quantitative and qualitative easing (QQE) on East Asian economies … originally feared. We show that the QQE benefited East Asian economies because the positive spillover effect of Japan's stock …
Persistent link: https://www.econbiz.de/10011581306
the People's Republic of China and Japan's "Partnership for Quality Infrastructure" (PQI). After introducing key issues …
Persistent link: https://www.econbiz.de/10012205804
expansion counteracts a crisis triggered by a preceding overinvestment boom, it paralyzes growth in the long term, as Japan …
Persistent link: https://www.econbiz.de/10011635573
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmonization is possible,...
Persistent link: https://www.econbiz.de/10008907786
sources of institutional trajectories of economic development in China, Japan, and Korea. It stylizes the Malthusian-phase of … states of Qing China, Tokugawa Japan, and Yi Korea by focusing on the way in which agricultural taxes were enforced. It also …
Persistent link: https://www.econbiz.de/10009669757