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The strong recovery of the five crisis-affected countries of East Asia between 1999 and 2000 has revived the debate on the causes of the 1997 financial crisis. Initially there had been an emerging consensus that the crisis had originated from the capital account. However, some analysts see the...
Persistent link: https://www.econbiz.de/10011429646
This paper is a preliminary review of the state of competition in the insurance industry of selected Asian countries. In particular, it explores how competition has been affected by the market structure and the regulatory regime in the insurance industries of the ASEAN5 economies - Indonesia,...
Persistent link: https://www.econbiz.de/10011429714
The possible crucial role of international bank lending in transmitting adverse economic disturbance from developed economies to emerging economies in the 2008 - 2009 global financial crisis has placed capital flows into sharper scrutiny in academic and policy discussions. The authors construct...
Persistent link: https://www.econbiz.de/10010397204
The problem faced by many of the economies making up the Association of Southeast Asian Nations (ASEAN) is whether they can avoid the middle-income trap and advance to the high-income level. What is needed for them to avoid the middle-income trap? This paper attempts to answer this question by...
Persistent link: https://www.econbiz.de/10010397292
This paper attempts to construct leading indicator systems for the Malaysian and Philippine economies using publicly available economic and financial data, with a view to predicting turning points of growth cycles in the two countries. The results show that during the sample period of January...
Persistent link: https://www.econbiz.de/10010507172
Due to population aging, weakening of family-based support, and other factors, old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East Asia and Southeast Asia where the demographic transition is already well under way. This paper...
Persistent link: https://www.econbiz.de/10010507258