Governance, Vulnerability to Climate Change, and Green Growth: International Evidence
Examining the role of governance and vulnerability to climate change in green growth using a global panel data set, findings suggest promoting good governance and reducing climate change vulnerability can contribute to a cleaner environment.
Effects of the People’s Republic of China’s Structural Change on the Exports of East and Southeast Asian Economies
The People’s Republic of China’s structural transformation from an export- and investment-led economy to a domestic demand- and consumption-led economy is likely to have a significant impact on its import structure.
Determinants of Consumer Price Inflation versus Producer Price Inflation in Asia
This paper investigates the extent to which inflation in 10 Asian economies reflects cost-push inflation or other factors such as excess aggregate demand or inflationary expectations.
Deflation in Asia: Should the Dangers Be Dismissed?
The traditional view is that deflation can lead to a vicious cycle of falling demand and prices. However, another school of thought emphasizes the role of positive supply shocks and takes a more benign view.
Catching Up, Structural Transformation, and Inequality: Lessons from Asia
While structural change is vital for Asia’s economic dynamism and growth, it may exacerbate inequality in the region.
How Growth Deceleration in the People’s Republic of China Affects Other Asian Economies: An Empirical Analysis
Slower but more sustainable growth may in fact be beneficial for Asian economies even though it is likely to entail sizable short-term costs.
Demographic Change and Fiscal Sustainability in Asia
A simulation of the effect of Asia’s population aging and economic growth on the region’s fiscal sustainability indicate that overall, demographic change will adversely affect Asia’s fiscal health.
Taper Tantrum and Emerging Equity Market Slumps
Virtually all emerging market equity markets were affected by the taper tantrum, highlighting the need for emerging market authorities to remain vigilant about the effects of advanced economy monetary policies on their financial stability.
The Financial Systems of Financially Less Developed Asian Economies: Key Features and Reform Priorities
Developing Asia’s financial depth as a whole compares favorably with other parts of the developing world, but there are wide variations across subregions and economies.
Financial Inclusion in Developing Asia: Transactional Accounts, Savings, and Borrowing
Both theory and evidence suggest that financial inclusion can be a powerful tool for empowering the poor, for augmenting their earning potential, and for improving the quality of their lives.