Narrow search
Showing 1 - 10 of 200
Cover Image
Causes and consequences of global imbalances : perspective from developing Asia
Adams, Charles; Park, Donghyun - 2009
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
Cover Image
Causes and Consequences of Global Imbalances : Perspective from Developing Asia
Adams, Charles F. - 2010
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
Cover Image
Saving, investment, and current account surplus in developing Asia
Park, Donghyun; Shin, Kwanho - 2009
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
Cover Image
Saving, Investment, and Current Account Surplus in Developing Asia
Park, Donghyun - 2010
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
Cover Image
International reserves and swap lines : substitutes or complements?
Aizenman, Joshua; Jinjarak, Yothin; Park, Donghyun - 2010
Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis has been associated with an unprecedented rise of swap agreements between central banks of larger economies and their counterparts in smaller economies. We explore whether such...
Persistent link: https://www.econbiz.de/10003943755
Cover Image
Evaluating Asian swap arrangements
Aizenman, Joshua; Jinjarak, Yothin; Park, Donghyun - 2011
Motivated by the unprecedented rise of swap agreements between the central banks of developed economies and their developing economy counterparts, this paper evaluates Asian swap arrangements and their association with the build-up of foreign reserves prior to the 2008-2009 global financial...
Persistent link: https://www.econbiz.de/10009267752
Cover Image
Evaluating Asian Swap Arrangements
Aizenman, Joshua; Jinjarak, Yothin; Park, Donghyun - 2011
Motivated by the unprecedented rise of swap agreements between the central banks of developed economies and their developing economy counterparts, this paper evaluates Asian swap arrangements and their association with the build-up of foreign reserves prior to the 2008–2009 global financial...
Persistent link: https://www.econbiz.de/10014179703
Cover Image
Causes and Consequences of Global Imbalances: Perspective from Developing Asia
Adams, Charles; Park, Donghyun - 2009
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
Cover Image
Saving, Investment, and Current Account Surplus in Developing Asia
Park, Donghyun; Shin, Kwanho - 2009
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
Cover Image
Avoiding the middle-income trap: Korean lessons for China?
Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2018
We analyze and compare the pattern of economic growth and development of China and South Korea in the postwar period … potentially valuable lessons for China. The Asian giant moved from low income to middle income very quickly but now faces the … challenge of graduating to high income. In this paper, we empirically assess the main drivers of economic growth in China and …
Persistent link: https://www.econbiz.de/10012196403