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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
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
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
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
The aftermath of the global financial crisis of 2007–08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly...
Persistent link: https://www.econbiz.de/10011134336
This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. The responses of six Asian countries with different legal histories to financial crises that posed similar challenges are of both legal and economic interest. We first provide a...
Persistent link: https://www.econbiz.de/10011134347
The aftermath of the global financial crisis of 2007–08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly...
Persistent link: https://www.econbiz.de/10011134367
This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. The responses of six Asian countries with different legal histories to financial crises that posed similar challenges are of both legal and economic interest. We first provide a...
Persistent link: https://www.econbiz.de/10011134390