Author: Amitendu Palit
Publisher: World Scientific
ISBN: 9814340820
Category : Business & Economics
Languages : en
Pages : 191
Book Description
This book is an edited volume of different perspectives on the South Asian region and captures the political, social and economic challenges facing the region following the financial crisis and the region''s responses to these challenges.
Asia Beyond the Global Economic Crisis
Author: Satoshi Inomata
Publisher: Edward Elgar Publishing
ISBN: 0857930508
Category : Business & Economics
Languages : en
Pages : 225
Book Description
The characteristic feature of the recent Global Economic Crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output is a negative outcome of this intertwined global economic system. Based on the method known as international input-output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations.
Publisher: Edward Elgar Publishing
ISBN: 0857930508
Category : Business & Economics
Languages : en
Pages : 225
Book Description
The characteristic feature of the recent Global Economic Crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output is a negative outcome of this intertwined global economic system. Based on the method known as international input-output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations.
Thailand Beyond the Crisis
Author: Peter Warr
Publisher: Psychology Press
ISBN: 0415405955
Category : Currency crises
Languages : en
Pages : 368
Book Description
Thailand Beyond the Crisis includes recent research to give an accurate and up to date picture of the status of Thailand's economic recovery. The Asian economic crisis began in Thailand and ended a decade of sustained economic boom. This book identifies the role of policy errors involving both the Thai government and the IMF that lead to the crash of the fastest growing economy in the world. Warr addresses the consequences of the crisis, including sharply increased poverty incidence and a backlog of non- performing loans which clogged the banking system, delaying recovery. Key content includes: * the Social Consequences of the crisis, and alternatives * public sector reform * implications of a floating exchange rate * education * urbanisation and the environment.
Publisher: Psychology Press
ISBN: 0415405955
Category : Currency crises
Languages : en
Pages : 368
Book Description
Thailand Beyond the Crisis includes recent research to give an accurate and up to date picture of the status of Thailand's economic recovery. The Asian economic crisis began in Thailand and ended a decade of sustained economic boom. This book identifies the role of policy errors involving both the Thai government and the IMF that lead to the crash of the fastest growing economy in the world. Warr addresses the consequences of the crisis, including sharply increased poverty incidence and a backlog of non- performing loans which clogged the banking system, delaying recovery. Key content includes: * the Social Consequences of the crisis, and alternatives * public sector reform * implications of a floating exchange rate * education * urbanisation and the environment.
South Asia: Beyond The Global Financial Crisis
Author: Amitendu Palit
Publisher: World Scientific
ISBN: 9814462268
Category : Business & Economics
Languages : en
Pages : 191
Book Description
The book is an edited volume of different perspectives on the South Asian region and captures the political, social and economic challenges facing the region following the financial crisis and the region's responses to these challenges.
Publisher: World Scientific
ISBN: 9814462268
Category : Business & Economics
Languages : en
Pages : 191
Book Description
The book is an edited volume of different perspectives on the South Asian region and captures the political, social and economic challenges facing the region following the financial crisis and the region's responses to these challenges.
The Asian Financial Crisis and the Architecture of Global Finance
Author: Gregory W. Noble
Publisher: Cambridge University Press
ISBN: 9780521794220
Category : Business & Economics
Languages : en
Pages : 322
Book Description
An examination of the political and economic causes and consequences of the Asian financial crises.
Publisher: Cambridge University Press
ISBN: 9780521794220
Category : Business & Economics
Languages : en
Pages : 322
Book Description
An examination of the political and economic causes and consequences of the Asian financial crises.
Asia Alone
Author: Simon S. C. Tay
Publisher: John Wiley & Sons
ISBN: 0470826207
Category : Business & Economics
Languages : en
Pages : 248
Book Description
An insightful examination of the changing relationship between Asia and the United States In this lucidly written and thought-provoking book, author Simon Tay highlights the accelerating trends that point to Asia increasingly forging its own path, independent of the United States. He also describes the fundamental changes and new policy directions needed to maintain and strengthen the bonds between Asia and the United States that have been beneficial to both since the end of the Second World War. On the eve of the global financial crisis of 2008, the economies of the United States and its Asian partners were deeply interdependent. But the different approaches taken to the crisis by Asian and Western leaders point to a new separation that may have negative consequences for the economies and businesses of both regions. To avoid a dangerous divide that may make us all the poorer, Tay reveals what leaders, policy-makers, companies, and citizens can do to find a balance that enriches us all. Written by a leading public intellectual CNN's Fareed Zakaria describes as "one of the most intelligent and reliable guides to the region" Touches on major issues in foreign policy and economics that will impact Asian nations and the United States over the near future Explains the changing nature of economic relations in the global economy For foreign policy followers, politicians, and businesspeople, Asia Alone charts a path forward—together.
Publisher: John Wiley & Sons
ISBN: 0470826207
Category : Business & Economics
Languages : en
Pages : 248
Book Description
An insightful examination of the changing relationship between Asia and the United States In this lucidly written and thought-provoking book, author Simon Tay highlights the accelerating trends that point to Asia increasingly forging its own path, independent of the United States. He also describes the fundamental changes and new policy directions needed to maintain and strengthen the bonds between Asia and the United States that have been beneficial to both since the end of the Second World War. On the eve of the global financial crisis of 2008, the economies of the United States and its Asian partners were deeply interdependent. But the different approaches taken to the crisis by Asian and Western leaders point to a new separation that may have negative consequences for the economies and businesses of both regions. To avoid a dangerous divide that may make us all the poorer, Tay reveals what leaders, policy-makers, companies, and citizens can do to find a balance that enriches us all. Written by a leading public intellectual CNN's Fareed Zakaria describes as "one of the most intelligent and reliable guides to the region" Touches on major issues in foreign policy and economics that will impact Asian nations and the United States over the near future Explains the changing nature of economic relations in the global economy For foreign policy followers, politicians, and businesspeople, Asia Alone charts a path forward—together.
Two Crises, Different Outcomes
Author: T. J. Pempel
Publisher: Cornell University Press
ISBN: 0801455014
Category : Political Science
Languages : en
Pages : 280
Book Description
Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since. The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.
Publisher: Cornell University Press
ISBN: 0801455014
Category : Political Science
Languages : en
Pages : 280
Book Description
Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since. The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.
Russia After The Global Economic Crisis
Author:
Publisher: Peterson Institute
ISBN: 088132552X
Category :
Languages : en
Pages : 305
Book Description
Publisher: Peterson Institute
ISBN: 088132552X
Category :
Languages : en
Pages : 305
Book Description
Asia Rising
Author: Hal Hill
Publisher: Edward Elgar Publishing
ISBN: 1781007985
Category : Business & Economics
Languages : en
Pages : 449
Book Description
'This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.' – Peter Drake, The University of New England and Australian Catholic University, Australia 'To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region's psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.' – Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), Malaysia The center of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of the People's Republic of China, India, and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence have raised a range of major challenges for Asia and for the rest of the world. This comprehensive, forward-looking book examines these issues through in-depth studies of major Asian economies and an analysis of the key development policy options. The contributors, leading international authorities in their field, explore cross-cutting thematic issues with special reference to developing Asia. They address a broad range of subjects including: investment and productivity, savings and the savings–investment relationship, financial development, the provision of infrastructure, and governance and institutions. Detailed country studies focusing on the People's Republic of China, India, Indonesia, Malaysia, the Philippines, and Thailand not only provide an analytical narrative for each case study, but also draw attention to the similarities and diversity within the region. This challenging and thought-provoking book will prove an important point of reference for scholars, researchers, and students in the fields of economics, development economics, and Asian studies.
Publisher: Edward Elgar Publishing
ISBN: 1781007985
Category : Business & Economics
Languages : en
Pages : 449
Book Description
'This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.' – Peter Drake, The University of New England and Australian Catholic University, Australia 'To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region's psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.' – Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), Malaysia The center of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of the People's Republic of China, India, and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence have raised a range of major challenges for Asia and for the rest of the world. This comprehensive, forward-looking book examines these issues through in-depth studies of major Asian economies and an analysis of the key development policy options. The contributors, leading international authorities in their field, explore cross-cutting thematic issues with special reference to developing Asia. They address a broad range of subjects including: investment and productivity, savings and the savings–investment relationship, financial development, the provision of infrastructure, and governance and institutions. Detailed country studies focusing on the People's Republic of China, India, Indonesia, Malaysia, the Philippines, and Thailand not only provide an analytical narrative for each case study, but also draw attention to the similarities and diversity within the region. This challenging and thought-provoking book will prove an important point of reference for scholars, researchers, and students in the fields of economics, development economics, and Asian studies.
Migration and Remittances During the Global Financial Crisis and Beyond
Author: Ibrahim Sirkeci
Publisher: World Bank Publications
ISBN: 0821388266
Category : Business & Economics
Languages : en
Pages : 471
Book Description
During the 2008 financial crisis, the possible changes in remittance-sending behavior and potential avenues to alleviate a probable decline in remittance flows became concerns. This book brings together a wide array of studies from around the world focusing on the recent trends in remittance flows. The authors have gathered a select group of researchers from academic, practitioner and policy making bodies. Thus the book can be seen as a conversation between the different stakeholders involved in or affected by remittance flows globally. The book is a first-of-its-kind attempt to analyze the effects of an ongoing crisis on remittance flows globally. Data analyzed by the book reveals three trends. First, The more diversified the destinations and the labour markets for migrants the more resilient are the remittances sent by migrants. Second, the lower the barriers to labor mobility, the stronger the link between remittances and economic cycles in that corridor. And third, as remittances proved to be relatively resilient in comparison to private capital flows, many remittance-dependent countries became even more dependent on remittance inflows for meeting external financing needs. There are several reasons for migration and remittances to be relatively resilient to the crisis. First, remittances are sent by the stock (cumulative flows) of migrants, not only by the recent arrivals (in fact, recent arrivals often do not remit as regularly as they must establish themselves in their new homes). Second, contrary to expectations, return migration did not take place as expected even as the financial crisis reduced employment opportunities in the US and Europe. Third, in addition to the persistence of migrant stocks that lent persistence to remittance flows, existing migrants often absorbed income shocks and continued to send money home. Fourth, if some migrants did return or had the intention to return, they tended to take their savings back to their country of origin. Finally, exchange rate movements during the crisis caused unexpected changes in remittance behavior: as local currencies of many remittance recipient countries depreciated sharply against the US dollar, they produced a “sale” effect on remittance behavior of migrants in the US and other destination countries.
Publisher: World Bank Publications
ISBN: 0821388266
Category : Business & Economics
Languages : en
Pages : 471
Book Description
During the 2008 financial crisis, the possible changes in remittance-sending behavior and potential avenues to alleviate a probable decline in remittance flows became concerns. This book brings together a wide array of studies from around the world focusing on the recent trends in remittance flows. The authors have gathered a select group of researchers from academic, practitioner and policy making bodies. Thus the book can be seen as a conversation between the different stakeholders involved in or affected by remittance flows globally. The book is a first-of-its-kind attempt to analyze the effects of an ongoing crisis on remittance flows globally. Data analyzed by the book reveals three trends. First, The more diversified the destinations and the labour markets for migrants the more resilient are the remittances sent by migrants. Second, the lower the barriers to labor mobility, the stronger the link between remittances and economic cycles in that corridor. And third, as remittances proved to be relatively resilient in comparison to private capital flows, many remittance-dependent countries became even more dependent on remittance inflows for meeting external financing needs. There are several reasons for migration and remittances to be relatively resilient to the crisis. First, remittances are sent by the stock (cumulative flows) of migrants, not only by the recent arrivals (in fact, recent arrivals often do not remit as regularly as they must establish themselves in their new homes). Second, contrary to expectations, return migration did not take place as expected even as the financial crisis reduced employment opportunities in the US and Europe. Third, in addition to the persistence of migrant stocks that lent persistence to remittance flows, existing migrants often absorbed income shocks and continued to send money home. Fourth, if some migrants did return or had the intention to return, they tended to take their savings back to their country of origin. Finally, exchange rate movements during the crisis caused unexpected changes in remittance behavior: as local currencies of many remittance recipient countries depreciated sharply against the US dollar, they produced a “sale” effect on remittance behavior of migrants in the US and other destination countries.
Asia in Crisis
Author: Philippe Delhaise
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 300
Book Description
This study of Asia's financial crisis of 1997/98, its sources and history, suggests solutions for the rehabilitation of the financial systems for those countries in distress.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 300
Book Description
This study of Asia's financial crisis of 1997/98, its sources and history, suggests solutions for the rehabilitation of the financial systems for those countries in distress.