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The study examines the empirical evidence and options for decoupling Asia from the US and EU markets. First, it …
Persistent link: https://www.econbiz.de/10011259654
The image is undisputed in the political debate that the function of the financial sector is to "play servant" to the real economy, but the consequences derived from this debate are controversial. Clearer is the academic concept to restrict the functions of the financial sector deliberately. But...
Persistent link: https://www.econbiz.de/10008599116
proponents of the decoupling hypothesis argue that emerging markets have made significant progress in reducing external … globalization, namely rising trade and financial integration, raises business cycle synchronisation. We find that decoupling is a …
Persistent link: https://www.econbiz.de/10008615613
The decoupling hypothesis is the idea that business cycles in emerging market economies have become more independent … from business cycles in advanced economies in recent years. Decoupling essentially amounts to a structural break in the … approaches point to the same conclusion: there has been no decoupling in recent years. In fact, the degree of business cycle …
Persistent link: https://www.econbiz.de/10008619185
The ‘wages breakout’ has been a recurring theme in the Australian public policy debate in recent years. Political conservatives, media commentators and some business groups have warned that Australian wages growth is unsustainable, or threatens to become unsustainable. This paper critically...
Persistent link: https://www.econbiz.de/10011257869
average income across countries. Consequently, the paper recommends the need to build the resilience of vulnerable populations …
Persistent link: https://www.econbiz.de/10011107392
Notably, the 20th century was dominated by the legacy of devastating global wars, colonial struggles, and ideological conflicts as well as effort s to establish international systems that would foster global peace and prosperity. Yet, insecurity and corruption not only remain, they have become...
Persistent link: https://www.econbiz.de/10011112282