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Absent from the important debate on the determinants of rapid Asian growth is the role of gender inequality. This paper argues that gender wage inequality has stimulated growth, with Asian economies that disadvantaged women the most growing the fastest from 1975 to 1990. Low female wages have...
Persistent link: https://www.econbiz.de/10005484795
Asia proved to be remarkably resilient in the face of the global financial crisis, but why was its output performance … the global financial crisis. Looking ahead, Asia is in the process of adjusting to more volatile external conditions and …
Persistent link: https://www.econbiz.de/10011142139
This article argues that the recent financial crisis was caused largely by the long-term problem of the current world economy lacking a sustainable path of development. Limits to growth -- expressed principally through rises in the price of oil and other commodities -- created a crisis for the...
Persistent link: https://www.econbiz.de/10005048915
Savers, including pension savers, convert savings into assets: homes,government bonds and shares.The conversion of savings is for the very long term. Once monies are turned into assets, the reverse process of turning assets into cash cannot be achieved by all savers together. Unavoidably some...
Persistent link: https://www.econbiz.de/10011111570
This article argues that the recent financial crisis was caused largely by the long-term problem of the current world economy lacking a sustainable path of development. Limits to growth – expressed principally through rises in the price of oil and other commodities – created a crisis for the...
Persistent link: https://www.econbiz.de/10008563579
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covered New EU Member States, Wider Europe, SEE, CEE, East Asia Topics International Trade, Competitiveness and FDI; Sectoral …
Persistent link: https://www.econbiz.de/10011097379