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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
In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The …
Persistent link: https://www.econbiz.de/10011432707
Persistent link: https://www.econbiz.de/10003779384
The global financial crisis underlined that sound and effective bank regulation is vital to financial stability. Assessments of the global financial crisis invariably point to ineffective finance regulation and supervision as the main reasons for the onset of the crisis and its severity. In...
Persistent link: https://www.econbiz.de/10011305260
financial stability in Asia. More specifically, different types of macroprudential policies are more effective against different …
Persistent link: https://www.econbiz.de/10011305283
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
Persistent link: https://www.econbiz.de/10011327121
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
the case of developing Asia, free trade agreements have largely excluded services or have only committed to "lock in … range of infrastructure services that are included in other free trade agreements in force or under construction in Asia and …
Persistent link: https://www.econbiz.de/10009659141
change, such as demographic transition, can also impinge upon inequality. Structural change in developing Asia has been … economies entail valuable lessons for developing Asia. Extensive structural change is both a cause and consequence of the … exceptionally rapid economic growth, which enabled developing Asia to raise living standards and reduce poverty at a historically …
Persistent link: https://www.econbiz.de/10009667223