Thailand's Growth Rebalancing [PDF]
This paper reviews Thailand's structural changes, the 1997 crisis experience, and recovery and lessons from the crisis. The paper then discusses the impacts of the subprime crisis on the Thai economy and the policy responses to date.
Jitsuchon, Somchai +1 more
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Stages of Development, Economic Policies and a New World Economic Order [PDF]
This paper summarizes theoretical arguments, empirical evidence, and econometric findings to support the statement that rational economic policies depend qualitatively on stages of development that are defined by productivity and institutional indicators
Polterovich, Victor, Popov, Vladimir
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Simulating the Cascading Effects of an Extreme Agricultural Production Shock: Global Implications of a Contemporary US Dust Bowl Event [PDF]
Higher temperatures expected by midcentury increase the risk of shocks to crop production, while the interconnected nature of the current global food system functions to spread the impact of localized production shocks throughout the world. In this study,
Carr, Joel A. +12 more
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GOVERNMENT PRICE POLICIES AND THE AVAILABILITY OF CRUDE OIL [PDF]
This study examines the effects of price incentives on the availability of petroleum. Expected sustained higher crude oil prices to domestic producers constitute an incentive to increase both exploratory drilling and secondary and tertiary recovery of ...
Debertin, David L. +2 more
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Can the persistence of a currency crisis be explained by fundamentals? Markov switching models for exchange market pressure [PDF]
, 2009 This paper investigates the contribution of fundamentals to the persistence of currency crises by identifying the determinants of high volatility in the exchange market pressure index (empi) for some new EU member states.
Moore, T, Wang, P
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Examining the case for Reserve Pooling in East Asia: Empirical Analysis [PDF]
Two features of East Asia?s recovery from the financial turmoil of 1997-98 appear to be rather paradoxical. First, the regional economies (except Hong Kong, China and Malaysia) have allowed a relatively greater albeit modest degree of variability of ...
Graham Bird +2 more
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International Reserves Under Alternative Exchange Rate Regimes and Aspects of The Economics of Managed Float [PDF]
This paper contains an analysis of the role of international reserves under a regime of pegged exchange rates and under a regime of managed floating. It presents evidence on the stability of the demand for reserves during the periods 1963-72 and 1973-75.
Jacob A. Frenkel
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Central bank policy towards inflation [PDF]
Inflation (Finance) ; Monetary theory ; Pacific Area ; Banks and banking ...
Hang-Sheng Cheng, Nicholas P. Sargen
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Exchange Rate Policy and Foreign Exchange Reserves Management in Indonesia in the Context of East Asian Monetary Regionalism [PDF]
The first part of this paper examines the behaviour of rupiah over the last seven years (1996 - 2002) to ascertain whether in fact there is specific evidence of a return to de facto US dollar peg in Indonesia.
Ramkishen Rajan, Reza Siregar
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