Browse by Author "Abdon, Arnelyn"
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Economic Impact of Eurozone Sovereign Debt Crisis on Developing Asia
Lee, Minsoo; Park, Donghyun; Abdon, Arnelyn; Estrada, Gemma (Asian Development Bank, 2013-01-01)The European Union (EU) has traditionally been an important economic partner for Asia. In addition to absorbing a significant share of the region’s exports, the EU has been a major source of foreign direct investment and other capital flows into the region. In light of such close economic linkages between the EU and Asia, the euro crisis will undoubtedly influence Asia’s short-term macroeconomic ...The European Union (EU) has traditionally been an important economic partner for Asia. In addition to absorbing a significant share of the region’s exports, the EU has been a major source of foreign direct investment and other capital flows into the ... -
Fiscal Policy And Growth in Developing Asia
Abdon, Arnelyn; Estrada, Gemma B.; Lee, Minsoo; Park, Donghyun (Asian Development Bank, 2012-10-01)In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The region’s overall level of taxes and government spending are substantially lower than those prevailing in advanced economies. Nevertheless, there are conceptual grounds why fiscal policy, including the composition of taxes and government spending, can have a significant effect on ...In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The region’s overall level of taxes and government spending are substantially lower than those prevailing in advanced economies. ...