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inclusion with varying degrees of results. The heterogeneity of financial inclusion is particularly striking in the Asia … this paper is to take stock of the current state of financial inclusion in the Asia-Pacific region by highlighting twelve …
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There is a role for Asia’s financial sector to play to address the challenges associated with the region’s changing … demographics and infrastructure investment needs. Enhancing financial innovation and integration in the region could facilitate … intra-regional financial flows and mobilize resources from the aging savers in industrialized Asia to finance infrastructure …
Persistent link: https://www.econbiz.de/10014411491
developing Asia, have strengthened economic links between the Far East and Saudi Arabia. Second, financial sector development in … developing Asia’s growth cycle for the Saudi economy, while the latter suggests greater influence of U.S. monetary policy on the … non-oil economy through the peg to the U.S dollar. As a result, divergence between the growth cycles in developing Asia …
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This paper tells the story of the Asian financial crisis by addressing four questions: What were the causes of the crisis, how did the crisis unfold, what were the policy responses, and what have been the outcomes? The paper takes the view that none of these questions can be understood without...
Persistent link: https://www.econbiz.de/10014400967
This paper examines whether capital outflows may have contributed to output declines during the Asian Crisis by reducing the financing available for domestic investment. Panel data regressions suggest a positive, short-term relationship between net capital inflows and investment during the...
Persistent link: https://www.econbiz.de/10014399819
Globally, financial institutions have increased their holdings of domestic sovereign debt, tightening the linkage between the health of the financial system and the level of sovereign debt, or the "financial sector-sovereign nexus," during the ongoing COVID-19 pandemic. In South Africa, the...
Persistent link: https://www.econbiz.de/10013170007