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for emerging Asia. In the first scenario, the authors assume that a persistent increase in emerging Asia's productivity … share of emerging Asia's growth might be fuelled by a temporary demand shock generates a strong "boom-bust" outcome for … emerging Asia, and amplifies the volatility in commodity markets. The authors also investigate the possibility that emerging …
Persistent link: https://www.econbiz.de/10003804328
This paper asks how Asia should prepare for the disorderly correction of global imbalances. It recommends tightening … easily if they are coordinated within Asia. …
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Today the global economy is facing down the threat of a multifaceted crisis. Sustained by ultra-low interest rates and unprecedented levels of quantitative easing since the last global financial crisis, the global economy is taking a sharp turn toward tighter monetary policy as it experiences...
Persistent link: https://www.econbiz.de/10014257291
The departure of Tony Thirlwall, a pioneer, renowned scholar, and a generous mentor, is a major loss to economics. This article reviews his main contributions to economics. The article focuses on his approach and method to economics and on his research output in the theory and empirics of growth...
Persistent link: https://www.econbiz.de/10014550878
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During the late 1950s and early 1960s, when Japan experienced a period of rapid economic growth comparable to that of …
Persistent link: https://www.econbiz.de/10013071347
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