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This paper studies the effects of the United States' (US) quantitative easing on Asia by examining capital flows and …
Persistent link: https://www.econbiz.de/10009781180
Asian countries have high demand for U.S. dollars and are sensitive to U.S. dollar funding costs. An important, but often overlooked, component of these costs is the basis spread in the cross-currency swap market that emerges when there are deviations from covered interest parity (CIP). CIP...
Persistent link: https://www.econbiz.de/10012102189
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"Economic growth, inflation, and interest rates have declined in Asia. Sustaining Economic Growth in Asia explores the …A historical perspective on the secular stagnation hypothesis and its relevance for Asia -- Asia : at risk of growing … old before becoming rich? -- Invention, productivity, and the evolution of East Asia's innovation systems -- Secular …
Persistent link: https://www.econbiz.de/10011795983
inherent in the current global financial system. Asia was adversely affected by the crisis not only because of its dependence … on trade, but also because of its heavy reliance on the US dollar for regional and international transactions. As Asia …, extending the trade settlement scheme to the rest of Asia and appending a government bond payment and securities settlement …
Persistent link: https://www.econbiz.de/10010237745
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"Analyzes different dimensions of past financial and economic crises from the perspective of Asian countries. It examines a number of diverse crisis-relevant themes, ranging from sovereign debt to central bank responses to financial safety nets. Drawing on concrete and specific lessons from past...
Persistent link: https://www.econbiz.de/10010203702
Persistent link: https://www.econbiz.de/10009744348