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We investigate whether the exports of manufactured products by the South Asian and South East Asian countries have been negatively affected by the rise of China. Using a panel data approach, we find that increases in world market shares of China are statistically correlated with declines in...
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It is investigated as to whether the exports of manufactured products by the South Asian and South East Asian countries have been negatively affected by the rise of China. Using a panel data approach, it is found that increases in world market shares of China are statistically correlated with...
Persistent link: https://www.econbiz.de/10009188916
The buildup of vulnerabilities in East Asia is shown here to be mainly the result of weaknesses in financial intermediation, poor corporate governance, and deficient government policies, including pro-cyclical macroeconomic policy responses to large capital inflows. Weak due diligence by...
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