Sustaining economic growth in Asia
"Economic growth, inflation, and interest rates have declined in Asia. Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as "secular stagnation." Leading experts discuss the fiscal and monetary policy challenges of reviving gro...
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Washington, DC
Peterson Institute for International Economics
2018
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Tag hinzufügen | Zusammenfassung: | "Economic growth, inflation, and interest rates have declined in Asia. Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as "secular stagnation." Leading experts discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia." A historical perspective on the secular stagnation hypothesis and its relevance for Asia -- Asia : at risk of growing old before becoming rich? -- Invention, productivity, and the evolution of East Asia's innovation systems -- Secular stagnation and Asia : international transmission and policy spillovers -- Japanese lessons from the past 30 years -- Japan -- Korea -- China -- India -- Indonesia -- Speech by Obstfeld -- Monetary and exchange rate policies for sustained growth in Asia -- Monetary policy in the new mediocre -- Fiscal policy -- Global imbalances and the trade slowdown : implications for Asia -- Panel discussion |
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| Beschreibung: | Includes bibliographical references and index Enthält 15 Beiträge |
| Beschreibung: | ix, 457 Seiten Illustrationen |
| ISBN: | 9780881327335 978-0-88132-733-5 |