Search Economics Publications
Push Factors and Capital Flows to Emerging Markets: Why Knowing Your Lender Matters More Than Fundamentals
This paper analyzes the behavior of gross capital inflows across 34 emerging markets. Findings suggest that emerging markets need to closely monitor their lenders and investors to assess their inflow exposures to global push factors.
Asia Bond Monitor - November 2017
Emerging East Asia’s financial markets have been stable on the back of strong global economic growth but potential risks include a further tightening of global liquidity.
Flexibility of Adjustment to Shocks: Economic Growth and Volatility of Middle-Income Countries Before and After the Global Financial Crisis of 2008
This paper analyzes the role of institutions and macroeconomic fundamentals on countries' adjustment to shocks especially for middle-income countries before and after the global financial crisis.
ASEAN+3 Bond Market Guide 2017: Lao People's Democratic Republic
This report is an outcome of the support and contributions of ASEAN+3 Bond Market Forum members and experts, particularly from the Lao PDR. A highlight of this guide is an update on the development of the country’s securities
ASEAN+3 Bond Market Guide 2017: Brunei Darussalam
This report is an outcome of the support and contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Brunei Darussalam. The country's domestic capital market has considerable growth potential.
Asia Bond Monitor - September 2017
On the back of a brightening global outlook, government bond yields in major advanced economies rose between 1 June and 15 August, with the increase extending to emerging East Asia.
Asia Bond Monitor - June 2017
Continued improvement in global economic prospects helped drive yields lower in most markets in emerging East Asia amid positive investor sentiment.
Asia-Pacific Regional Integration Index: Construction, Interpretation, and Comparison
The study develops an index to measure the degree of regional integration in Asia and the Pacific (48 economies in six subregions).
Asia Bond Monitor - March 2017
Yields in advanced economies rose while yields fell in most emerging East Asian bond markets due to heterogeneous economic fundamentals and changes in risk appetite.
Decoupling Asia Revisited
This paper investigates the channels of growth spillovers and estimates the degree of macroeconomic interdependence between emerging East Asia and G3 economies.