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Enhancing Bank Supervision in Asia : Lessons Learned from the Financial Crisis

Zamorski, Michael Joseph - 2015

The global financial crisis underlined that sound and effective bank regulation is vital to financial stability … outbreak. The crisis reflected the failure of regulatory authorities to keep pace with financial innovation. Bank supervision … had been weak by any measure. Supervisors did not conduct regular onsite bank inspections or examinations of sufficient …

Persistent link: https://www.econbiz.de/10013009689

Fiscal Policy And Growth in Developing Asia

Abdon, Arnelyn May; Estrada, Gemma Esther; Lee, Minsoo; … - 2014

In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The region's overall level of taxes and government spending are substantially lower than those prevailing in advanced economies. Nevertheless, there are conceptual grounds why...

Persistent link: https://www.econbiz.de/10011432707

The relationship between structural change and inequality: A conceptual overview with special reference to developing Asia

Aizenman, Joshua; Lee, Minsoo; Park, Donghyun - 2012

Structural change has a far-reaching impact on inequality. It exposes the population to challenges and opportunities. Foreign trade and technological progress have been widely put forth as a structural driver of inequality. Broader structural change, such as demographic transition, can also...

Persistent link: https://www.econbiz.de/10010397258

Inflation in Developing Asia: Demand-Pull or Cost-Push?

Jongwanich, Juthathip; Park, Donghyun - 2008

This paper empirically examines the relative importance of different sources of inflation in developing Asia. In particular, it tests the widely held view that the region's current inflation surge is primarily the result of external price shocks such as oil and food shocks. In addition, this...

Persistent link: https://www.econbiz.de/10010507244

Trade Structure and the Transmission of Economic Distress in the High-Income OECD Countries to Developing Asia

Jongwanich, Juthathip; E. James, William; J. Minor, Peter; … - 2009

This paper examines the structure and direction of developing Asia's trade over the past two decades. The impacts on developing Asia of the economic slowdown in 2009–2010 in high-income countries of the Organization for Economic Cooperation and Development (OECD), which includes the European...

Persistent link: https://www.econbiz.de/10010507260

Equilibrium Real Exchange Rate, Misalignment, and Export Performance in Developing Asia

Jongwanich, Juthathip - 2009

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...

Persistent link: https://www.econbiz.de/10010507270

Capital Flows and Real Exchange Rates in Emerging Asian Countries

Jongwanich, Juthathip - 2010

investment (FDI), portfolio investment, and other investment (bank loans) flows. Inflows and outflows are also treated separately … on the RER. Portfolio investment and other investment (including bank loans) bring in a faster RER appreciation than FDI … of the (real) currencies, especially when capital flows are in a form of portfolio investment and bank loans. …

Persistent link: https://www.econbiz.de/10010507296

Cross-Border Mergers and Acquisitions and Financial Development: Evidence from Emerging Asia

Brooks, Douglas H.; Jongwanich, Juthathip - 2011

The paper examines the relationship between cross-border mergers and acquisitions (M&A) and financial development in emerging Asian economies. Bilateral data of cross-border M&A for nine emerging Asian economies during 2000–2009 are analyzed with a sample selection model and panel data model....

Persistent link: https://www.econbiz.de/10010507301

Prospects for Services Trade Negotiations

Schott, Jeffrey J.; Lee, Minsoo; Muir, Julia - 2012

Trade and investment in services are difficult to measure, and the regulatory barriers that inhibit the free flow of services are hard to quantify. As a result, very little attention has been paid to dismantling barriers to services trade and investment. Rather, free trade negotiations tend to...

Persistent link: https://www.econbiz.de/10010507353

Economic Impact of Eurozone Sovereign Debt Crisis on Developing Asia

Lee, Minsoo; Park, Donghyun; Abdon, Arnelyn; Estrada, Gemma - 2013

The European Union (EU) has traditionally been an important economic partner for Asia. In addition to absorbing a significant share of the region's exports, the EU has been a major source of foreign direct investment and other capital flows into the region. In light of such close economic...

Persistent link: https://www.econbiz.de/10010507366