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implications for finance in Asia, Douglas Arner and Lotte Schou-Zibell draw lessons for Asian financial systems with regard to the …
Persistent link: https://www.econbiz.de/10011283429
The goal of this paper is to provide stylized facts on recovery from economic downturns and to evaluate the role of macroeconomic policies in promoting recovery. In particular, we examine gross domestic product (GDP) recessions and financial downturns (credit contractions and stock price...
Persistent link: https://www.econbiz.de/10011283446
This paper examines the extent to which economic crises facilitate the development of more effective regional institutions and whether such institutions can shield regions from crises. It compares six regional economic crises over the last four decades and the institution building - or decay -...
Persistent link: https://www.econbiz.de/10011283417
Monitoring the behavior of potential output helps policymakers implement appropriate policies in response to an economic crisis. In the short-run, estimates of the output gap can guide the timing of the implementation and withdrawal of stimulus measures. In the medium- to long-term, these...
Persistent link: https://www.econbiz.de/10011283442
), Asia-Pacific Economic Cooperation, and the ASEAN Regional Forum on Viet Nam, India, and the People's Republic of China …
Persistent link: https://www.econbiz.de/10011283418
The main objective of this paper is to suggest reform measures to address the gaps and weaknesses in emerging Asia …'s financial regulatory and supervisory systems, on the basis of lessons drawn from the global crisis. For emerging Asia, the … - such as the dynamics of financial innovation and globalization - remain relevant for the region. As the world embraces wide …
Persistent link: https://www.econbiz.de/10011283456
'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
This paper employs multivariate GARCH models with a BEKK specification to show significant shock and volatility spillovers from mature bond markets into select emerging Asian local currency bond markets. Results reveal that while the growth of individual bond markets in recent years has been...
Persistent link: https://www.econbiz.de/10009696941
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