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The authors describe the various ways in which the financial market crisis might affect workers, pension funds and governments. In 2008 the impact of the stock market decline on global pension assets was substantial (roughly 40 per cent, according to the authors' estimates for the G20...
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This paper focuses on post-crisis fiscal priorities in the ASEAN-5 economies - Indonesia, Malaysia, Philippines, Singapore and Thailand. Sound economic fundamentals and timely and forceful policy responses to the crisis, including fiscal stimulus, contributed to rapid economic recovery in the...
Persistent link: https://www.econbiz.de/10013130868
The rapid advent of digital money (DM) and assets raises questions about its implications for the functioning of the international monetary system (IMS). The low transaction costs of digital technologies, their accessibility and ease of automation, and their integration into existing digital...
Persistent link: https://www.econbiz.de/10015059116