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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/10010507261
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/10010507295
Persistent link: https://www.econbiz.de/10013269462
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia's growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia's medium- and long-term growth. The overarching implication for policy makers is that supply …
Persistent link: https://www.econbiz.de/10011432686
We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in low- and middle-income countries, but appears to...
Persistent link: https://www.econbiz.de/10012917833
Persistent link: https://www.econbiz.de/10008749696
In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The … a significant effect on growth, as our empirical analysis shows. In line with economic theory, property taxes have a …
Persistent link: https://www.econbiz.de/10011432707
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
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/10010287777
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …
Persistent link: https://www.econbiz.de/10010397317