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The central question addressed by this study is whether countries with above-average governance grew faster than countries with below-average governance. Using the World Bank's worldwide governance indicators to measure governance performance, it examines whether a country with governance...
Persistent link: https://www.econbiz.de/10011432704
"Using an early warning system (EWS) model, this paper provides more empirical evidence on the causes of the 1997 Asian financial crisis, with a view to discriminating between the two hypotheses of "weak fundamentals" and "investors' panic." The results show that there are strong warning signals...
Persistent link: https://www.econbiz.de/10011280381
The central question addressed by this study is whether countries with above-average governance grew faster than countries with below-average governance. Using the World Bank's worldwide governance indicators to measure governance performance, it examines whether a country with governance...
Persistent link: https://www.econbiz.de/10010463619
Persistent link: https://www.econbiz.de/10010339729
Persistent link: https://www.econbiz.de/10001757420
special reference to developing Asia. While the intrinsic value of good governance and institutions as ends of development in … examines where developing Asia stands in various widely used measures of governance/ institutional quality relative to the rest …
Persistent link: https://www.econbiz.de/10003984676
Persistent link: https://www.econbiz.de/10009697689
This paper looks at the recent trends of rising inequality in developing Asia, asks why inequality matters, examines …. Technological change, globalization, and market-oriented reform have driven Asia's rapid growth, but have also had significant …
Persistent link: https://www.econbiz.de/10010245335
Developing Asia is embracing inclusive growth as a key development goal in response to rising inequalities and … increasing concern that these could undermine the very sustainability of Asia's growth. This paper argues that inclusive growth … social inclusion to ensure equal access to opportunities. This will enable developing Asia to accomplish the agenda of …
Persistent link: https://www.econbiz.de/10003496813
This paper estimates fiscal multipliers using quarterly data for a panel of nine developing Asian economies, following a vector autoregression model specification, but using local projections to extract the impulse responses. We provide evidence that the 4-quarter and 8-quarter cumulative...
Persistent link: https://www.econbiz.de/10012607947