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This paper aims to quantify the political risk effect and its different economic implications in normal and crisis situations through the proxy analysis of election and the sovereign bond spreads. Our study leads to three main findings. First, in normal economic situations, elections and...
Persistent link: https://www.econbiz.de/10009781196
Persistent link: https://www.econbiz.de/10011563268
Persistent link: https://www.econbiz.de/10010414734
The European Union (EU) has traditionally been an important economic partner for Asia. In addition to absorbing a … into the region. In light of such close economic linkages between the EU and Asia, the euro crisis will undoubtedly … influence Asia's short-term macroeconomic outlook. The key question, however, is how big the impact will be. This paper tries to …
Persistent link: https://www.econbiz.de/10009734254
We examine the determinants of financial development in Asia and the Pacific from 1995 to 2011. To do so, we apply the …
Persistent link: https://www.econbiz.de/10011346239
The European Union (EU) has traditionally been an important economic partner for Asia. In addition to absorbing a … into the region. In light of such close economic linkages between the EU and Asia, the euro crisis will undoubtedly … influence Asia's short-term macroeconomic outlook. The key question, however, is how big the impact will be. This paper tries to …
Persistent link: https://www.econbiz.de/10013086450