Showing 1 - 10 of 647
Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide. The importance for fertility behaviors of keeping contraceptive prices low, however, remains...
Persistent link: https://www.econbiz.de/10009319330
This paper argues that the recent Southeast Asian currency crises was caused by large prospective deficits associated with implicit bailout guarantees to failing banking systems. We articulate this view using a simple dynamic general equilibrium model whose key feature is that a speculative...
Persistent link: https://www.econbiz.de/10005124184
How much of carry trade excess returns can be explained by the presence of disaster risk? To answer this question, we propose a simple structural model that includes both Gaussian and disaster risk premia and can be estimated even in samples that do not contain disasters. The model points to a...
Persistent link: https://www.econbiz.de/10005016245
This paper analyzes the dynamic interaction between norms - internalized restraints on opportunistic behaviour - and institutions - restraints on such behaviour deriving from external enforcement. When individuals following a norm suffer pecuniary losses to doing so, the norm is eroded....
Persistent link: https://www.econbiz.de/10005791452
This paper draws on the experiences of the Far East Economic Crisis in 1998 and argues that: (1) the poor depended heavily on bonding social capital during the Crisis, but the crunch-point beyond which they felt no longer able to rely on this is less certain; (2) bridging social capital could...
Persistent link: https://www.econbiz.de/10009323686
durable Bretton Woods II arrangement, Asia then went on to slowly raise flexibility and reduce the role for the US Dollar …
Persistent link: https://www.econbiz.de/10008599384
The financial crisis of 1997 gave the Asian region a very hard lesson on the importance of financial stability. The severity of the crisis and the failure of IMF in assisting these countries became a motivating factor to engage in closer financial cooperation in this region. This paper will...
Persistent link: https://www.econbiz.de/10005170136
At this moment, the world is undergoing the worst economic crisis since the Great Depression of 1930s. It is not clear exactly which factors instigated the crisis, but there are many candidates; the formation of an asset bubble in the US, and its subsequent crash, continued excessive consumption...
Persistent link: https://www.econbiz.de/10004980010
RBI has taken several steps to improve the processing of data. Information system will also be enhanced very soon. [Remarks at Reserve Bank of India at the 8th Statistics Day Conference, Mumbai].
Persistent link: https://www.econbiz.de/10010945491
Developing Asia is the driver of today's emissions intensive global economy. As the principle source of future … mitigation and green growth in Asia's major emerging economies.[ADBI Working Paper Series No. 369]. URL …:[http://www.adbi.org/files/2012.07.10.wp369.climate.change.mitigation.green.growth.asia.pdf]. …
Persistent link: https://www.econbiz.de/10011133111