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Korean exports to Japan are highly correlated to Japanese GDP growth. Given Japan's large fiscal deficit and debt … summarizing the magnitude of Japan's fiscal woes, we investigate whether austerity measures are likely to cause a collapse in such … exports. We find no statistically significant relationship between Japanese fiscal policy and Korean exports to Japan, as well …
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"Since the 2007 financial crisis, discussion on issues related to the size, spread and frequency of financial crises has captivated a wide variety of audiences. Why has the world economy experienced such an increase in financial transactions and private and public indebtedness since the 1980s?...
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The paper is devoted to an analysis of the Treaty on Stability Coordination and Governance (TSCG), also known as the "Fiscal Compact" Treaty signed between the EU member states in 2012. We argue than the TSCG, instead of helping to "repair" the institutional failures on which the Euro and the...
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Financial globalization and East Asian capitalism : an overview / Jongryn Mo, Daniel I. Okimoto -- The politics of reform in Japanese finance : assessing the relative influence of foreign investors / Jennifer Amyx -- Policymaking in the era of financial globalization : the battle for Japanese...
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