The Impact of Exogenous Demand Shock on the Housing Market: Evidence from the Home Purchase Restriction Policy in the People’s Republic of China
A sharp slowdown in the property sector of the People's Republic of China (PRC) could have a domino effect on the world economy, especially in emerging markets.
Will Financial Liberalization Trigger the First Crisis in the People’s Republic of China? Lessons from Cross-Country Experiences
Financial liberalization in the PRC should work better when gradual and focused on sequencing of reforms, when institutions are able to contain financial risks, and when the central bank participates in financial regulation.
Intellectual property rights and other legal mechanisms drive innovation more than cultural attitudes do in Southeast Asia.
This paper discusses the current status of financial inclusion, education, and regulation in the Philippines and measures to foster financial inclusion.