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An integral part of global current account imbalances is the large and persistent current account surplus developing Asia has run since the 1997–1998 Asian crisis. A country's current account surplus is, by definition, equal to its net saving. The central objective of this paper is to...
Persistent link: https://www.econbiz.de/10013143244
The demographic dividend that contributed substantially to economic growth in developing Asia in the past is dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor productivity. We examined the impact of aging on those four...
Persistent link: https://www.econbiz.de/10013118646
The demographic dividend that contributed substantially to economic growth in developing Asia in the past is dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor productivity. We examined the impact of aging on those four...
Persistent link: https://www.econbiz.de/10009379744
Persistent link: https://www.econbiz.de/10010385931
Investitionen und das daraus resultierende langfristige Wirtschaftswachstum. Ausschlaggebend ist jedoch nicht nur der Umfang des … beigetragen. Eine hohe Sparrate unterstützt langfristiges Wirtschaftswachstum nur im Rahmen eines starken, gesunden und …
Persistent link: https://www.econbiz.de/10015148949
Persistent link: https://www.econbiz.de/10015076329
Developing Asia has grown faster than other parts of the world for decades. However, population aging is expected to pose significant headwinds to the region’s future economic growth. We update and enhance the analysis of Park and Shin (2012) to project the impact of population aging on...
Persistent link: https://www.econbiz.de/10014333414
Persistent link: https://www.econbiz.de/10012228554
Gauging foreign (domestic) biases as the deviation of foreign (domestic) investors' actual portfolio allocation of a bond market from the same bond market's weight in global bond market, we investigate the determinants of foreign and domestic investment biases in 41 global bond markets. We find...
Persistent link: https://www.econbiz.de/10012917758
Persistent link: https://www.econbiz.de/10014339454