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, potential impending changes in the Asian monetary and exchange rate regimes in Asia are discussed. Projecting the growth of the … Chinese economy into the future, the weight of the RMB in the financial markets will increase globally as well as in Asia …
Persistent link: https://www.econbiz.de/10012980662
In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia … Asia have, in general, been high and rising but that there have been substantial differences from economy to economy and … rates in developing Asia for the 2011-2030 period based on our estimation results and find that the domestic saving rate in …
Persistent link: https://www.econbiz.de/10013118468
China during the four decades between 2000 and 2040. The first concerns the source of the factors which make it likely that … China will continue to grow at a high rate for another generation. The paper argues that this growth will be the result of …
Persistent link: https://www.econbiz.de/10013148098
This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These …-participation countries will lose. If non-tariff barriers are reduced more, the impacts will be larger. All effects to China on welfare, trade …, export and import are positive. Comparatively China-TPP and RCEP will yield the highest welfare outcomes for the US in our …
Persistent link: https://www.econbiz.de/10013048108
We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct firm-specific exchange rate shocks based on the pre-crisis destinations of firms' exports. Because the shocks were unanticipated and large, they are a plausible instrument for...
Persistent link: https://www.econbiz.de/10012758022
substantially shift towards Asia and especially towards the Asian Giants, China and India. While such forecasts may pan out, there … are substantial reasons that China and India may grow much less rapidly than is currently anticipated. Most importantly … discontinuities account for a large fraction of the variation in growth rates. We suggest that salient characteristics of China …
Persistent link: https://www.econbiz.de/10013045644
play a regional role in Asia equivalent to that of the euro in greater Europe. Proponents of this view argue that China has … assume the role of a global currency similar to the U.S. dollar. Supporters point to China's widely diversified trade and … financial flows and to its institutional initiatives, not just in Asia but around the world. The other is that the renminbi will …
Persistent link: https://www.econbiz.de/10013011929
On their fiftieth anniversary, the International Monetary Fund and the World Bank were" extensively reviewed, both to mark the occasion and to consider, often critically roles and performance. This paper reviews the functions of the two institutions in light of their" evolution over the past...
Persistent link: https://www.econbiz.de/10013233025
approximately 550,000 responses across 15 countries, including China and the United States, during many months of the COVID-19 …
Persistent link: https://www.econbiz.de/10013221953
Freedom of movement is considered a basic human right by the majority of countries of the world. As defined in practice, it encompasses the right to move internally within a country, the right to move abroad, and the right to return from abroad. It does not include the right of an individual...
Persistent link: https://www.econbiz.de/10013137010