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Many developing countries have attempted to pursue the East Asian growth model in recent decades. This model is widely perceived to have been based on export-led growth. Given that developed countries are likely to grow at a slower rate and be less willing to run trade deficits in the...
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whether developing Asia should use fiscal expansion to boost aggregate demand. A key factor in the debate is the effectiveness … Asia's output during the global crisis. This lends some support to the notion that countercyclical fiscal policy can help …
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Key Features:A Japan Foundation sponsored iconoclastic assessment of Asia's future by a team of international … -- Part I Asia's Rebirth -- Chapter 1 Asian Economic Performance 1500-2010 Steven Rosefielde and Huan Zhou -- 1 … Asia -- 5.2.1. Hard hit by the crisis -- 5.2.2. Increased resilience against external shocks -- 5.3. Estimating Structural …
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This paper investigates the long-term effects of initial labor market conditions by comparing cohorts who graduated from college before, during, and after the 1997-1998 Asian financial crisis. We measure the overall welfare impact by examining not only labor market activities but also family...
Persistent link: https://www.econbiz.de/10012105175
This study investigates the long-term effects of initial labor market conditions by comparing cohorts who graduated from college before, during, and after the 1997-1998 Asian financial crisis in South Korea. We measure the overall welfare effect by examining their labor market activities, family...
Persistent link: https://www.econbiz.de/10012179332
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