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Deflation has emerged as a new concern for Asian policy makers. The traditional view is that deflation can lead to a vicious cycle of falling demand and prices, and is thus a dangerous condition. However, another school of thought emphasizes the role of positive supply shocks and takes a more...
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prices in Asia. …
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Developing Asia has benefited greatly from the rise of the People’s Republic of China (PRC), primarily through the … Southeast Asia. An out-of-sample analysis to tease out the effect of slower growth in the PRC from the recent growth performance …
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equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …
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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/10010463633
Broadly speaking, developing Asia and Latin America are at similar income and development levels. Relative to the … experience with inclusive fiscal policy can offer valuable lessons for developing Asia in its new-found quest to leverage public … general implications for Asia, of particular interest is its generally successful experience with conditional cash transfer …
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