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Persistent link: https://www.econbiz.de/10008666684
The central objective of this paper is to empirically examine the issue of fiscal sustainability in developing Asia. To …
Persistent link: https://www.econbiz.de/10003984753
developing Asia. More specifically, we examine the root causes of the large and persistent current account surpluses that have … of welfare and economic growth. Based on our analysis, we recommend a number of concrete policy directions to help Asia …
Persistent link: https://www.econbiz.de/10003832220
Persistent link: https://www.econbiz.de/10009304238
The central objective of this paper is to empirically assess how global imbalances have evolved since the global financial crisis of 2008/09. More specifically, we examine how the security investment positions of major East Asian economies in United States (US) financial markets - equities,...
Persistent link: https://www.econbiz.de/10010192390
Persistent link: https://www.econbiz.de/10003950848
Persistent link: https://www.econbiz.de/10003280300
Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …
Persistent link: https://www.econbiz.de/10012462846
Motivated by the unprecedented rise of swap agreements between the central banks of developed economies and their developing economy counterparts, this paper evaluates Asian swap arrangements and their association with the build-up of foreign reserves prior to the 2008–2009 global financial...
Persistent link: https://www.econbiz.de/10014179703
The European Union (EU) has traditionally been an important economic partner for Asia. In addition to absorbing a … into the region. In light of such close economic linkages between the EU and Asia, the euro crisis will undoubtedly … influence Asia's short-term macroeconomic outlook. The key question, however, is how big the impact will be. This paper tries to …
Persistent link: https://www.econbiz.de/10013086450