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persistently higher growth than advanced economies (AE) and have shown greater resilience than in the past. This performance has to … of AEs on EMDEs’ business cycles has gradually diminished. While this does not imply full decoupling, it nevertheless …
Persistent link: https://www.econbiz.de/10011272837
In this paper, we deploy a complexity theory as the foundation for integration of different theoretical approaches to sustainability and develop a rationale for a complexity-based framework for modeling <i>transitions to sustainability</i>. We propose a framework based on a comparison of complex...
Persistent link: https://www.econbiz.de/10011029990
The article analyses the role of international supply chains as transmission channels of a financial shock. Because individual firms are interdependent and rely on each other, either as supplier of intermediate goods or client for their own production, an exogenous financial shock affecting a...
Persistent link: https://www.econbiz.de/10005025741
The article analyses the role of international supply chains as transmission channels of a financial shock. Because individual firms are interdependent and rely on each other, either as supplier or client, a financial shock affecting a single firm, such as the termination of a line of credit,...
Persistent link: https://www.econbiz.de/10009642933
Because individual firms are interdependent and rely on each other, either as supplier of intermediate goods or client for their own production, an exogenous financial shock affecting a single firm, such as the termination of a line of credit, reverberates through the productive chain. The...
Persistent link: https://www.econbiz.de/10011115154
In this paper, we investigate interdependencies between Asia-Pacific economies by using the Asian International Input-Output Table. The results of production inducement analysis show that the production inducement coefficients of many Asia-Pacific countries have recently increased, and in...
Persistent link: https://www.econbiz.de/10010894599
-term investment and strengthen the resilience of the financial system in the region. The first regional initiative designed to achieve …
Persistent link: https://www.econbiz.de/10010992322
In this study, we attempt to estimate the long term determinants of international reserves in the emerging Asian for the period 1980-2011. In this study, we attempt to estimate the long term determinants of international reserves in the emerging Asia for the period 1980-2011. Utilizing a...
Persistent link: https://www.econbiz.de/10010884991
This paper provides an empirical review of the dynamics of international capital áows, with a focus on emerging Asia. Next, it outlines the various channels by which international capital flows affect domestic financial conditions in the host economies. Finally, it explores the implications for...
Persistent link: https://www.econbiz.de/10010904654
EM Asia has seen a transformation of its monetary policy environment over the past 2 decades. By far, the most relevant change has been the maturing of its financial systems and the growing relevance of the global financial cycle: financial inclusion has spread, financial markets have deepened...
Persistent link: https://www.econbiz.de/10010934388