Sustaining economic growth in Asia / Jeremie Cohen-Setton, Thomas Helbling, Adam S. Posen, Changyong Rhee, editors.

Format:

Book

Contributor:

Cohen-Setton, Jérémie, editor.

Helbling, Thomas, editor.

Posen, Adam Simon, editor.

Rhee, Changyong, editor.

Language:

English

Subjects (All):

Economic development--Asia.

Economic development.

Business cycles.

Economic conditions.

Asia--Economic conditions--21st century.

Asia.

Business cycles--Asia.

Stagnation (Economics).

Economic history.

Physical Description:

ix, 457 pages ; 23 cm

Place of Publication:

Washington, DC : Peterson Institute for International Economics, 2018.

Summary:

"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"-- Provided by publisher.

Contents:

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.

Notes:

Includes bibliographical references and index.

Other Format:

Online version: Sustaining economic growth in Asia

ISBN:

9780881327335

0881327336

OCLC:

1013721377