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We examine the determinants of financial development in Asia and the Pacific from 1995 to 2011. To do so, we apply the dynamic generalized method of moments to a panel data set of 26 economies in the region. We find that better governance and institutional quality foster financial development in...
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This paper examines the relationship between infrastructure investment activity, capital market development, the role of public institutions and economic development in the Asia Pacific. It adopts a review approach drawing on empirical evidence over recent decades. Infrastructure is shown to be...
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Natural disasters bring tremendous destruction to small island economies in the South Pacific region. Foreign development aid, as an important source of green finance in the region, has the fundamental purpose of reducing natural disasters' effect on the small island economies. With country...
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