Showing 1 - 10 of 25
The global economic crisis in 2008-2009 had varying impacts on economies in Asia and the Pacific. This paper studies …
Persistent link: https://www.econbiz.de/10003899265
Rising economic integration in Asia and periodic volatility in global and national financial markets raise the issue of … costs of monetary cooperation, however, less can be found with a specific focus on Asia. A number of studies have explored … whether Asia might form an optimal currency area, although these have focused on the nature of shocks, in particular business …
Persistent link: https://www.econbiz.de/10011281476
Fragility that periodically erupts into a full-blown financial crisis appears to be an integral feature of market-based financial systems in spite of the emergence of sophisticated risk management tools and regulatory systems. If anything, the increased frequency of modern crises underscores how...
Persistent link: https://www.econbiz.de/10012232895
's markets. However, despite the higher liquidity and lower levels of global integration, the effects of the crisis in Asia were …
Persistent link: https://www.econbiz.de/10010529703
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 examines the unfolding of the US subprime-generated turmoil and its potential spillover on emerging Asia … environment and innovation. Policy priorities to foster regional financial stability include enhancing transparency and governance …
Persistent link: https://www.econbiz.de/10010529708
paper aims to identify the trade agenda that represents Asia's concerns for the global and regional trading system. Asia, in … particular East Asia, has played an important role in evolving the global production and trade networks. The regional production … network in East Asia became the major transmission mechanism of the crisis, resulting in a trade collapse, but Asia …
Persistent link: https://www.econbiz.de/10011281462
"While decentralization of education in DMCs has largely been driven by fiscal constraints, it has also been motivated by concerns about the effectiveness of a centralized system in delivering education services. The statistics are revealing: while virtually all DMCs have made impressive gains...
Persistent link: https://www.econbiz.de/10011279903
is a growing consensus that Asia's reserves now substantially exceed the levels required for precautionary purposes or … reserves in developing Asia have in fact reached excessive levels. Informal tests of reserve adequacy based on widely used … confirm the popular belief that developing Asia now has excessive foreign exchange reserves. Therefore, the short-run policy …
Persistent link: https://www.econbiz.de/10003878349
Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were … will also last for a short time or developing Asia should prepare for a long period of remittance stagnation. This study …
Persistent link: https://www.econbiz.de/10003913760