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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...
Persistent link: https://www.econbiz.de/10009381662
Persistent link: https://www.econbiz.de/10009504997
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 …
Persistent link: https://www.econbiz.de/10012689348
This study examines the effects of capital account restrictions on capital flows in nine Asian economies over the period 1995-2005 using panel regressions with fixed effects. The results show that capital controls significantly affect capital flows when such flows are disaggregated by asset type...
Persistent link: https://www.econbiz.de/10013128050
This paper studies the evolution of the natural interest rate in five Southeast Asian countries and considers the effect of economic shocks on the natural interest rate in these countries. The natural interest rate is the interest rate that would prevail in an economy in equilibrium and in the...
Persistent link: https://www.econbiz.de/10012545924
This paper examines the effectiveness of capital account policy in terms of its ability to affect the volume and composition of capital flows, relieve pressures on real exchange rates, and foster monetary policy independence. Ten emerging Asian economies are used as case studies to assess the...
Persistent link: https://www.econbiz.de/10012020535
This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People's Republic of China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this paper reviews the impacts of the 1997 Asian financial...
Persistent link: https://www.econbiz.de/10003928006
This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People's Republic of China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this paper reviews the impacts of the 1997 Asian financial...
Persistent link: https://www.econbiz.de/10013142000
This paper assesses why the 2008–2009 global economic recession impacted East Asia less than it did the United States … findings show higher GWR index scores for East Asia compared to those for the EU and the US, which may explain why the global … recession had a milder impact on the region. The study also shows East Asia as being very heterogeneous, with major differences …
Persistent link: https://www.econbiz.de/10013088233
This empirical study employs regression models to investigate some deep economic determinants, such as human capital capital, business environment, to investigate what extent China’s economy structure is likely hit by SARS epidemic in 2003 and global financial crisis in 2008. It finds that...
Persistent link: https://www.econbiz.de/10013237176