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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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Fiscal Policy for Inclusive Growth: An Overview
Estrada, Gemma; Lee, Sang-Hyop; Park, Donghyun - 2014
equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …
Persistent link: https://www.econbiz.de/10011432711
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Asia's middle-income challenge : an overview
Estrada, Gemma; Han, Xuehui; Park, Donghyun; Tian, Shu - In: Emerging markets finance & trade : a journal of the … 54 (2018) 4/5/6, pp. 1208-1224
Persistent link: https://www.econbiz.de/10012123577
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Fiscal policy for inclusive growth : an overview
Estrada, Gemma; Lee, Sang-hyop; Park, Donghyun - 2014
equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …
Persistent link: https://www.econbiz.de/10010463545
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Asia's middle-income challenge : an overview
Estrada, Gemma; Han, Xuehui; Park, Donghyun; Tian, Shu - 2017
Developing Asia has undergone a dramatic shift over the past 5 decades from a region of mainly lowincome economies … toward one that is largely middle income. Compared with world aggregate data, developing Asia now has a much greater … upper-middle to high income. The experience of newly industrializing economies shows that innovation, human capital, and …
Persistent link: https://www.econbiz.de/10011754883
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Asia's energy adequacy, environmental sustainability, and affordability : an overview
Lee, Minsoo; Park, Donghyun; Saunders, Harry D. - 2014
The three pillars of Asian energy security are an adequate, reliable supply; environmental sustainability; and affordable access for all. As Asians become more affluent, managing demand by tackling outmoded subsidies so prices reflect true costs, exploring green innovations in technology and...
Persistent link: https://www.econbiz.de/10010367324
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Effectiveness of countercyclical fiscal policy : time-series evidence from developing Asia
Jha, Shikha; Mallick, Sushanta Kumar; Park, Donghyun; … - 2010
As the global crisis hit developing Asia, several countries instituted fiscal stimulus measures to create domestic … of the revenue shocks in developing Asia are cyclical rather than discretionary. …
Persistent link: https://www.econbiz.de/10008658807
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Demographic change, economic growth, and old-age economic security : Asia and the world
Mason, Andrew; Lee, Sang-hyop; Park, Donghyun - In: Asian development review : studies of Asian and pacific … 39 (2022) 1, pp. 131-168
Asia is aging, although there is significant heterogeneity across subregions and economies. Population aging poses two … have a substantial impact on the public finances of some Asian economies. (Asia Dev Rev/GIGA) …
Persistent link: https://www.econbiz.de/10013329396
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Financial development, financial openness, and economic growth
Estrada, Gemma; Park, Donghyun; Ramayandi, Arief - 2015
A sound and efficient financial system is an indispensable ingredient of economic growth. It consists primarily of banks and capital markets, which channel savings into investments and other productive activities that contribute to economic growth and augment the economy's productive capacity....
Persistent link: https://www.econbiz.de/10011305264
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Avoiding the middle-income trap : Korean lessons for China?
Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2018 - (This version, October 2018)
We analyze and compare the pattern of economic growth and development of China and South Korea in the postwar period. Geographical proximity and cultural affinity between the two countries, as well as the key role of the developmental state in the economies of both countries, suggests that an...
Persistent link: https://www.econbiz.de/10012206272