Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the … potential impact on inflation has been studied less. We use the IMF’s Global Integrated Fiscal and Monetary Model (GIMF) and … advanced countries as well, but we find that deflation risk from aging is not inevitable as ambitious structural reforms and an …

This paper is an overview of the social welfare systems of five East Asian countries, namely Japan, Korea, Taiwan, Hong … Kong and Singapore. It analyses the overall costs of welfare as well as income distribution aspects, based on both … Kong and Singapore's public welfare expenditures will remain very low as long as they continue to rely mainly upon …

Asian-Pacific nations, Australia, China, Indonesia, Japan, Malaysia, New Zealand, Philippines, South Korea, Singapore …, Taiwan, Thailand, and Vietnam. The daily data span from 1995 to 2004. It finds strong regional foreign exchange dependency …

major East Asian countries/regions as well as Japan and the United States. Given the dynamic changes in the economies of …

of Japan, the Tiger states and China with their respective strategies of industrial policy and export-led growth. Is …Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently … China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing …