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This paper asks how Asia should prepare for the disorderly correction of global imbalances. It recommends tightening monetary policy and allowing Asian currencies to appreciate as a way of achieving a better balance between internal and external demand. Leaving the overall level of demand...
Persistent link: https://www.econbiz.de/10011281490
The European Union (EU) is one of the most successful integration arrangements in the world. However, the disintegration in Europe through Brexit is puzzling. This article aims to clarify this dilemma by addressing the following questions: Was the former French President, de Gaulle, right that...
Persistent link: https://www.econbiz.de/10012198397
This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from … Saudi Arabia to Bahrain are found to be sizeable and statistically significant, but those to other GCC countries are not … found to be significant. Equity market movements in Saudi Arabia are found to have significant implications for other GCC …
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This paper analyzes detailed differences in patterns of financial development across the major Asian economies, including three of the region's largest economies (China, Japan and South Korea), to understand how these differences might affect possibilities for greater regional financial...
Persistent link: https://www.econbiz.de/10011376366
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This paper is an integration of the studies commissioned under the DFA-PIDS memorandum of agreement to explore the priority areas during the Philippines' APEC hosting in 2015 under the theme: "Building Inclusive Economies, Building a Better World". The four priority areas in the APEC 2015 agenda...
Persistent link: https://www.econbiz.de/10011448472