Titlebook: Emerging Markets and Financial Resilience; Decoupling Growth fr Chee-Wooi Hooy (Senior Lecturer),Ruhani Ali (Profe Book 2013 Palgrave Macmi

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Emerging Markets and Financial Resiliencetries in the world economy is significant. In the year 2010, more than 50 per cent of world output expansion at purchasing power parity (PPP) was contributed by emerging markets, the largest being China, 25 per cent, followed by India, 10 per cent, and Brazil, 4 per cent; and, given the uptrend of e

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Social Capital and Financial Market Developmentancial reforms. This was partly a consequence of the failure of many developing countries that had liberalized their financial systems to realize the expected benefits from such reforms. For example, Demetriades and Andrianova (2004) argue that the strength of institutions, such as financial regulat

Explosive

Resource Curses Finance. Can Humans Stop It?at have been endowed to these countries should be a genuine source of fortune and happiness. Surprisingly, everyday experiences and empirical studies show the reverse (Frankel, 2010). It seems that natural resource abundance is detrimental to economic growth. This puzzling phenomenon is known as the

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Financial Integration between China and Asia Pacificlly planned economic system of the 1950s to the 1970s. However, the affluent human capital and economic resources have provided China the new impetus to reinvigorate the economic reforms since 1978, and the economic progress of this economy is eye-catching. Within three decades, China has transforme

Insul島

Budget Deficits and Current Account Balancesc of interest in the empirical literature (see, for example, Bahmani-Oskooee, 1995; Khalid & Guan, 1999; Mohammadi, 2004; Bagnai, 2006; Salvatore, 2006; Bartolini & Lahiri, 2006; Baharumshah & Lau, 2007; Ito, 2009; Daly & Siddiki, 2009). The causal link between public budget deficit and current acco

冷淡周邊

Asia-Pacific Currency Excess Returnsa wide body of literature indicating the failure of the forward exchange rates to provide an unbiased prediction to the future spot exchange rate. According to Froot and Thaler (1990), the forward rates are not only biased but also systematically wrong as evidenced by the widespread finding of negat

輕而薄

Openness, Market Size and Foreign Direct Investmentsnology coupled with growing liberalization of the national regulatory framework governing investment in enterprises and changes in capital markets, profound changes have occurred in the size, scope and methods of FDI. Productive FDI usually brings along lasting and stable capital flows as investment

初學者

Momentum and Contrarian Strategies on ASEAN MarketsOn the contrary, contrarian strategy proposes a trading strategy of buying poorly performing stocks and selling better-performing stocks (De Bondt & Thaler, 1985). Underlying the contrarian strategy is the belief that prices will reverse, whereas proponents of momentum strategy contend that return c