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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/10003832264
Global current account imbalances are one of the key macroeconomic imbalances that underlie the global financial crisis. The central objective of this paper is to analyze the causes and consequences of global imbalances from the perspective of developing Asia. More specifically, we examine the...
Persistent link: https://www.econbiz.de/10003832220
Persistent link: https://www.econbiz.de/10003889719
Global current account imbalances are one of the key macroeconomic imbalances that underlie the global financial crisis. The central objective of this paper is to analyze the causes and consequences of global imbalances from the perspective of developing Asia. More specifically, we examine the...
Persistent link: https://www.econbiz.de/10013143295
The paper examines the impact of exchange rates on foreign direct investment (FDI) inflows into the United States in … the context of a model that allows for the interdependence of FDI over time. Interdependence is modeled as a two …-state Markov process where the two states can be interpreted as either a favorable or an unfavorable environment for FDI in an …
Persistent link: https://www.econbiz.de/10003863347
Persistent link: https://www.econbiz.de/10009237732
The paper examines the impact of exchange rates on foreign direct investment (FDI) inflows into the United States in … the context of a model that allows for the interdependence of FDI over time. Interdependence is modeled as a two …-state Markov process where the two states can be interpreted as either a favorable or an unfavorable environment for FDI in an …
Persistent link: https://www.econbiz.de/10013143281
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/10010507271
Global current account imbalances are one of the key macroeconomic imbalances that underlie the global financial crisis. The central objective of this paper is to analyze the causes and consequences of global imbalances from the perspective of developing Asia. More specifically, we examine the...
Persistent link: https://www.econbiz.de/10010507261
Persistent link: https://www.econbiz.de/10001392839