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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
The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … role of the service sector as an engine of growth in Asia. However, some Asian countries where the service sector is …
Persistent link: https://www.econbiz.de/10010507372
Deflation has emerged as a new concern for Asian policy makers. The traditional view is that deflation can lead to a vicious cycle of falling demand and prices, and is thus a dangerous condition. However, another school of thought emphasizes the role of positive supply shocks and takes a more...
Persistent link: https://www.econbiz.de/10011579040
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this important issue by (1)examining the effect of QE on capital flows into developing Asia, and (2) analyzing the …
Persistent link: https://www.econbiz.de/10010463662
It is widely believed that local currency bond markets (LCBMs) can promote financial stability in developing countries. For instance, they can help mitigate the currency and maturity mismatch that contributed to the outbreak of the Asian financial crisis of 1997-1998. In this paper, we...
Persistent link: https://www.econbiz.de/10011920074
Persistent link: https://www.econbiz.de/10001975659
policy issues faced by the policymakers in Asia. Recent studies show that East Asia is quite integrated in trade. Financial … deepening trade integration in East Asia indicates that the impact of slowdown in the US economy is not likely to be large …
Persistent link: https://www.econbiz.de/10003855375
developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic … trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … with developing Asia, in particular the relative shares of parts and components versus final goods in its imports from the …
Persistent link: https://www.econbiz.de/10003899253
Developing Asia has traditionally relied on exports to the United States (US) and other industrialized countries for …
Persistent link: https://www.econbiz.de/10003899275