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Persistent link: https://www.econbiz.de/10005346697
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This paper examines the effect of capital controls on the response of investment to savings in Pacific Basin countries. A robust finding is that the size of the savings coefficient tends to be smaller (larger) in countries with relatively higher (lower) capital controls. Additionally, relaxation...
Persistent link: https://www.econbiz.de/10005352356
This paper assesses the relative merits and demerits of different East Asian models by placing them in a historical perspective. It re-interprets Gerschenkron's model of late industrialization, and extends it to compare East Asian economies in view of substituting and complementing models. It...
Persistent link: https://www.econbiz.de/10009194264
This paper is an overview of the social welfare systems of five East Asian countries, namely Japan, Korea, Taiwan, Hong … privately financed welfare programmes; (ii) Korea and Taiwan's public welfare expenditures will grow significantly in the coming … welfare, which will put an extra burden on her welfare state; (iv) Japan and Korea's enterprises are challenged in their chief …
Persistent link: https://www.econbiz.de/10009201165
Korea are found for decline in the index for same period. It is found that market-based system is boosting the overall … financial system of Singapore whereas the financial systems of China, Hong Kong and Korea are equally attended by both types of …
Persistent link: https://www.econbiz.de/10010668599
The purpose of this paper is to evaluate the impact of trade cost reduction on the Asian economy by employing a sub-national level model based on New Economic Geography. Our model comprises seven sectors, including manufacturing and non-manufacturing sectors, and 1,715 regions in 18...
Persistent link: https://www.econbiz.de/10010902751
Education and media services have much in common. Both provide services that embody local cultures, in which there is extensive public sector participation and significant domestic regulation. At the same time, both are dramatically affected by the information and communications technology...
Persistent link: https://www.econbiz.de/10011010977
exported P%C to Thailand. Korea has followed in Japan's footsteps but with a focus on the industry's development in Vietnam and …
Persistent link: https://www.econbiz.de/10010817110
The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...
Persistent link: https://www.econbiz.de/10010886612