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implications for Asia which, despite being the new engine of growth to the world economy, continues to be challenged by the … persistent gap between developments in its financial and real sectors. This paper examines how Asia's financial and economic …, and shallow regional financial markets. The situation compromises Asia's ability to respond to the financial needs of its …
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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...
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This paper investigates the relationship between financial markets and output growth for a panel of 27 Asian countries over 1960-2009. It utilizes the recently-developed panel cointegration techniques to test and estimate the long-run equilibrium relationship between real GDP and financial...
Persistent link: https://www.econbiz.de/10013007239