This paper examines the equilibrium real exchange rate and real exchange rate misalignments in developing Asian countries during the period 1995-2008. In addition, the relationship between real exchange rate misalignment and export performance is investigated. In the lead-up to the 1997-1998...

Exports of Korean export growth posted steady gains since 2001, but abruptly fell following sharply a slowdown in global trade in 2014, which precipitated two years of sluggish export performance. Concern regarding export competitiveness is growing as major domestic industries have continued to...

This paper studies the relationship between saving and investment rates in Japan and other 11 Asian countries. Most previous studies on the topic have almost exclusively focused on OECD countries. The augmented Dickey-Fuller and Phillips-Perron unit root tests indicate that for most of the 12...

This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People's Republic of China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this paper reviews the impacts of the 1997 Asian financial...

Over the years, there has been extensive research on the relationship between a country’s export and economic growth with ambiguous and mixed results. Instead of using the conventional cointegration approach, this paper re-examines the export-led growth hypothesis for Kenya using...

In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research and development, brands, and organization capital. What...

The author considers the issue of inter-industry labour mobility in the theory of optimum currency areas (OCA) and analyses the explanatory and predictive power of Mundell´s and Kenen´s criteria when the phenomenon of monetary integration presents itself as a process of gradual incorporation...

This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People's Republic of China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this paper reviews the impacts of the 1997 Asian financial...

El artículo analiza la condición económica de China contemporánea desde una perspectiva keynesiano-monetaria. La discusión sugiere como postulado teórico-empírico que la condición suficiente para la compleción del proceso de transformación e inserción del imperio del centro" en el...

This paper empirically analyzes the relationship among the prices of Taiwanese stocks, Japanese stocks, and crude oil from January 1980 to July 2008. It provides some interesting results: (1) crude oil prices made an impact on Japanese stock prices, while the latter exerted a strong influence on...