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Developing Asia has exhibited rapid growth while saddled with relatively backward financial systems. One might conclude … that the coexistence of sustained rapid growth and financial underdevelopment in developing Asia implies that an efficient … financial sector is not indispensable for economic development. A more considered view would be that developing Asia grew …
Persistent link: https://www.econbiz.de/10011213989
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …
Persistent link: https://www.econbiz.de/10010840166
The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this …, somewhat surprisingly in light of the difficulty of achieving productivity gains in services, we also find that services labor …
Persistent link: https://www.econbiz.de/10010840984
The paper discusses key challenges faced throughout the Asia and the Pacific region as a number of its developing …
Persistent link: https://www.econbiz.de/10010992045
investments. In order to increase the labor productivity of the sector and realize its potential to contribute to inclusive growth … balanced growth in which the service and industry sectors support and reinforce each other. As services tend to be more labor …
Persistent link: https://www.econbiz.de/10010992048
The Asia-Pacific region includes a majority of the world's population and many of its most rapidly growing economies …
Persistent link: https://www.econbiz.de/10011043654
equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …
Persistent link: https://www.econbiz.de/10011106736
this important issue by (1)examining the effect of QE on capital flows into developing Asia, and (2) analyzing the …
Persistent link: https://www.econbiz.de/10010933499
developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic … trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … with developing Asia, in particular the relative shares of parts and components versus final goods in its imports from the …
Persistent link: https://www.econbiz.de/10011432684
equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …
Persistent link: https://www.econbiz.de/10011432711