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Recent key challenges highlight the need to revisit Asia's financial development. These include the region's growth …
Persistent link: https://www.econbiz.de/10011305285
contributed to Asia's sustained rapid growth, its effect on income inequality is uncertain. The central objective of our paper is … to empirically examine the effect of structural change on wage inequality in Asia, using industry-level data for three …
Persistent link: https://www.econbiz.de/10012986571
contributed to Asia's sustained rapid growth, its effect on income inequality is uncertain. The central objective of our paper is … to empirically examine the effect of structural change on wage inequality in Asia, using industry-level data for three …
Persistent link: https://www.econbiz.de/10011579027
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia's growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia's medium- and long-term growth. The overarching implication for policy makers is that supply …
Persistent link: https://www.econbiz.de/10011432686
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
equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …
Persistent link: https://www.econbiz.de/10011432711
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …
Persistent link: https://www.econbiz.de/10010397317
Sovereign wealth funds (SWFs) have emerged in developing Asia as a policy response to an unprecedented accumulation of … sensitivity of state-led FDI severely constrains the ability of developing Asia's SWFs to undertake FDI on a significant scale …. Therefore, the potential for developing Asia's SWFs to become major sources of outward FDI is more apparent than real. This …
Persistent link: https://www.econbiz.de/10010507256
developing Asia. More specifically, we examine the root causes of the large and persistent current account surpluses that have … of welfare and economic growth. Based on our analysis, we recommend a number of concrete policy directions to help Asia …
Persistent link: https://www.econbiz.de/10010507261
Asia has run since the 1997–1998 Asian crisis. A country's current account surplus is, by definition, equal to its net …
Persistent link: https://www.econbiz.de/10010507271