East Asia has experienced a dramatic decrease in output growth volatility over the past 20 years. This is good news, as … output growth volatility affects poor households because of coping strategies that have long-term, harmful consequences, and … decline in volatility, and derives lessons about ways to mitigate renewed upward pressure in face of the financial crisis. The …

East Asia has experienced a dramatic decrease in output growth volatility over the past 20 years. This is good news, as … output growth volatility affects poor households because of coping strategies that have long-term, harmful consequences, and … decline in volatility, and derives lessons about ways to mitigate renewed upward pressure in face of the financial crisis. The …

the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in …, including global growth, global oil prices, and global financial volatility. After accounting for the effects global shocks, we … rate flexibility, education attainment, and lack of political polarization reduce the volatility of economic growth …