Showing 1 - 10 of 341
We assess the evolution of spillover effects of unconventional monetary policies (UMPs) on Asia and the Pacific region …, and evaluate the impact on and implications for the macroeconomy. We develop a Panel Vector Auto Regression model for Asia … a shadow interest rate estimated by Krippner (2013). We find that Asia and the Pacific region has responded to the …
Persistent link: https://www.econbiz.de/10011578404
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
It has taken two crises - the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009 - for the international community to seriously focus on the reform of the international financial architecture for crisis prevention, management and resolution. Facing the global...
Persistent link: https://www.econbiz.de/10003901587
Basel III capital adequacy rules are likely to have limited impacts on economic growth in Asia, but other financial …
Persistent link: https://www.econbiz.de/10009783717
This paper examines the role of local currency bond markets (LCBMs) and foreign investor participation in these markets in capital flow volatility in emerging Asian economies over the period 1999 to 2020. Using a panel analysis and impulse response functions generated from a panel structural...
Persistent link: https://www.econbiz.de/10012503333
The paper identifies key features of International Monetary Fund (IMF)-supported programs following the 2008 global financial crisis. The statistical analysis of a large sample of countries that borrowed from the IMF during 1997-2013 indicates that, compared to the amount of financing provided...
Persistent link: https://www.econbiz.de/10011843919
This study describes the development of regional financial arrangements in Asia and Europe, assesses their effects on … financial stability, and draws lessons for Asia from European experience. One of its main conclusions is that Asia needs to …
Persistent link: https://www.econbiz.de/10012137060
This paper examines the countercyclicality of remittance inflows to the countries in Asia and the Pacific. It also aims …. The degree to which remittances are countercyclical is found to vary significantly by subregion: Central Asia and … Southeast Asia, including many remittance-dependent countries, show stronger countercyclicality than other subregions. The …
Persistent link: https://www.econbiz.de/10013198723
The COVID-19 pandemic is imposing economic and broader development challenges as never before. Policy lessons from Asia … inequality and environmental challenges increased the region's vulnerabilities. The post-pandemic recovery in Asia and the …
Persistent link: https://www.econbiz.de/10012500457
This study examines the determinants of blue economy activities, namely tourism and fisheries, in 21 Asia and Pacific … positively depends on the gross fixed capital formation and access to electricity in Asia and Pacific island countries. We find … support the need for, and effectiveness of, the implementation of sustainable ocean governance policies in the Asia and …
Persistent link: https://www.econbiz.de/10012253852