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Sustaining economic growth in Asia / Jeremie Cohen-Setton [and three others], editors.
- Format:
- Book
- Language:
- English
- Subjects (All):
- Economic development--Asia.
- Economic development.
- Business cycles--Asia.
- Business cycles.
- Stagnation (Economics).
- Asia--Economic conditions--21st century.
- Asia.
- Physical Description:
- 1 online resource (468 pages)
- 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.
- Description based on print version record.
- ISBN:
- 0-88132-734-4
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