Showing 1 - 10 of 17
Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the … challenges faced by the Asian “noodle bowl”—overlapping, multiple trade rules, regulations, and standards in Asia—in the process … among Asian economies that have formed Asian supply chains, called Factory Asia. It then considers ways and means of …
Persistent link: https://www.econbiz.de/10010991095
The authors develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In their exploration, they take a different and more nuanced approach than the previous indexes developed by Aizenman,...
Persistent link: https://www.econbiz.de/10010991111
those in Asia’s emerging economies. …
Persistent link: https://www.econbiz.de/10010991125
investments. In order to increase the labor productivity of the sector and realize its potential to contribute to inclusive growth … balanced growth in which the service and industry sectors support and reinforce each other. As services tend to be more labor …
Persistent link: https://www.econbiz.de/10010992048
Developing Asia has exhibited rapid growth while saddled with relatively backward financial systems. One might conclude … that the coexistence of sustained rapid growth and financial underdevelopment in developing Asia implies that an efficient … financial sector is not indispensable for economic development. A more considered view would be that developing Asia grew …
Persistent link: https://www.econbiz.de/10011213989
A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential†approach to surveillance and regulation that can identify system-wide risks and take appropriate actions to maintain...
Persistent link: https://www.econbiz.de/10011278022
A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential†approach to surveillance and regulation that can identify system-wide risks and take appropriate actions to maintain...
Persistent link: https://www.econbiz.de/10011278116
A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential†approach to surveillance and regulation that can identify system-wide risks and take appropriate actions to maintain...
Persistent link: https://www.econbiz.de/10011278173
A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential†approach to surveillance and regulation that can identify system-wide risks and take appropriate actions to maintain...
Persistent link: https://www.econbiz.de/10011278228
the area of development finance). Asia could contribute to this transformation by building effective institutions to …
Persistent link: https://www.econbiz.de/10009363311