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Economic growth, financial development, and income inequality
Park, Donghyun; Shin, Kwanho - 2015
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
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Gender equality and inclusive growth in developing Asia
Niimi, Yoko - 2009
This paper reviews the recent progress toward gender equality in developing Asia by examining a number of indicators …. Further, it finds that gender gaps in almost all aspects reviewed remain significant, particularly in South Asia with some … greater progress toward gender equality and inclusive growth in developing Asia. …
Persistent link: https://www.econbiz.de/10003913764
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The recent convergence of financial development in Asia
Dekle, Robert; Pundit, Madhavi - 2015
We construct an index of financial development for 23 Asian economies based on subindices of access, depth, and efficiency of financial institutions and markets and find evidence that economies with weaker financial systems are catching up to the Asian benchmark economies, namely Hong Kong,...
Persistent link: https://www.econbiz.de/10011305280
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Financing Asia's growth
Estrada, Gemma B.; Noland, Marcus; Park, Donghyun; … - 2015
Recent key challenges highlight the need to revisit Asia's financial development. These include the region's growth …
Persistent link: https://www.econbiz.de/10011305285
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Asian financial system : development and challenges
Park, Cyn-Young - 2011
implications for Asia which, despite being the new engine of growth to the world economy, continues to be challenged by the … persistent gap between developments in its financial and real sectors. This paper examines how Asia's financial and economic …, and shallow regional financial markets. The situation compromises Asia's ability to respond to the financial needs of its …
Persistent link: https://www.econbiz.de/10009486249
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Financial development and economic growth in developing Asia
Estrada, Gemma; Park, Donghyun; Ramayandi, Arief - 2010
Persistent link: https://www.econbiz.de/10008826336
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Saving in Asia and issues for rebalancing growth
Jha, Shikha; Prasad, Eswar S.; Terada Hagiwara, Akiko - 2009
This paper assesses the role of consumption and saving in Asia's growth. It examines the composition of national saving …
Persistent link: https://www.econbiz.de/10003845576
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Institutional quality, trade openness, and financial sector development in Asia : an empirical investigation
Thai-Ha Le; Kim, Jungsuk; Lee, Minsoo - 2015
We examine the determinants of financial development in Asia and the Pacific from 1995 to 2011. To do so, we apply the …
Persistent link: https://www.econbiz.de/10011346239
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Asian development outlook forecast accuracy 2007-2016
Ferrarini, Benno - 2019
This is done in relation to the benchmark of World Economic Outlook (WEO) projections by the International Monetary Fund. Amid much heterogeneity across countries and years, it has been found that ADO and WEO projections overlap quite closely. Both are inaccurate, especially during crisis years,...
Persistent link: https://www.econbiz.de/10011955528
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Asian development outlook forecast skill
Ferrarini, Benno - 2014
The Asian Development Outlook (ADO) provides growth and inflation forecasts for more than 40 economies in the region. This paper assesses the accuracy of those forecasts against actual outcomes for the years from 2008 to 2011. The World Economic Outlook (WEO) forecasts by the International...
Persistent link: https://www.econbiz.de/10010241351