Showing 1 - 10 of 106
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living …, as evidenced in the recent business cycle. The Asia and Pacific small states should continue rebuilding buffers and …
Persistent link: https://www.econbiz.de/10010790232
(FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have been small. The relative … insulation of emerging Asia from the global financial cycle can likely be attributed to the presence of managed capital accounts … developing Asia is likely to be small. …
Persistent link: https://www.econbiz.de/10011163125
developing Asia, have strengthened economic links between the Far East and Saudi Arabia. Second, financial sector development in … Asia and the United States has the potential to increasingly generate tension between policy objectives in Saudi Arabia. …
Persistent link: https://www.econbiz.de/10011142130
volatility. And for the global community, enhanced global cooperation, including a strong global financial safety net, offers … emerging markets effective protection against excessive volatility. …
Persistent link: https://www.econbiz.de/10010959484
This paper calculates the levels of optimal national saving, investment, and the current account balance for five Asian economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach. These calculations show the sensitivity of...
Persistent link: https://www.econbiz.de/10005826103
Argentina (until 2001), Eastern Europe, and Asia. An index of precommitment is derived from an analysis of legislative …
Persistent link: https://www.econbiz.de/10005826104
The unprecedented rise in nonperforming assets during the recent Asian financial crisis severely tested the limit and capacity of the existing asset management infrastructure, leading policymakers to consider new approaches to resolve them. This paper examines two such approaches—the creation...
Persistent link: https://www.econbiz.de/10005826132
Sharp exchange rate depreciations in the East Asian crisis countries (Indonesia, Korea, and Thailand) raised doubts about the efficacy of increasing interest rates to defend the currency. Using a standard monetary model of exchange rate determination, this paper shows that tighter monetary...
Persistent link: https://www.econbiz.de/10005826134
Persistent link: https://www.econbiz.de/10005826706
Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus … our analysis is that there is still room to strengthen such policies in Asia to better achieve growth with shared … on inclusive growth could be sizeable in emerging Asia, since the estimated improvement in our proxy of inclusive growth …
Persistent link: https://www.econbiz.de/10011242240