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Five years after the Global Financial Crisis, the economies of the United States (US) and the eurozone continue to … struggle. How will Southeast Asian economies be affected should there be a further deterioration in conditions in the eurozone … a further shock to the eurozone. We find that although the direct impacts are likely to be muted, it could trigger a …
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ASEAN Economic Community (AEC) is the vision of 10 nations in South East Asia to form a single common market and production based that will foster growth in the region. One of the pillars of AEC is financial integration which goaled to allow a seemingly interconnected capital market in South...
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Cooperation and Development and the Eurozone than in ASEAN. The capital market smoothing increases after the adoption of the euro … in 1999 in the Eurozone. From the empirical results, this study discusses the causes of increased risk sharing in ASEAN …
Persistent link: https://www.econbiz.de/10012840542
The world economy seems to have stabilized in the first months of the year. The underlying growth dynamics, however, remain weak although we expect growth to accelerate somewhat going forward. This year, global output (at PPP exchange rates) will expand by 3.1 percent, which is close to last...
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Following a weak start into 2015, the global economy is expected to pick up again in the course of this year. Average annual world output growth will nevertheless remain sluggish at 3.4 percent on a purchasing power parity weighted basis, before accelerating modestly to 3.8 percent next year....
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