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Global Linkages and Economic Rebalancing in East Asia.

In the wake of the global financial crisis, leading industrialized countries have managed to show only a gradual recovery, while East Asian economies have surged ahead. In particular, China achieved growth in excess of 10% in 2010 and is expected to continue growing at a rapid pace. It appears that...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kinkyo, Takuji
Otros Autores: Matsubayashi, Yoichi, Hamori, Shigeyuki
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Singapore : World Scientific Publishing Company, 2012.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • About the Editors; Introduction; Part 1. Business Cycle Synchronization; Part 2. Effects of Policy and Institutional Changes; Part 3. Challenges to China's Rebalancing and Sustainable Growth; Acknowledgment; References; Chapter 1 Decoupling
  • A Re-Examination Hiroshi Tsubouchi and Hideaki Matsuoka; 1. Introduction; 2. Looking Back at the World Economy Since 1990s; 2.1. 1990s
  • before the Asian financial crisis; 2.2. First half of the 2000s
  • before the global financial crisis; 2.3. The latter half of the 2000s
  • after the global financial crisis; 3. Factors Affecting Decoupling.
  • 4. Methodology5. Decomposition of the Forecast Variance; 6. Conclusion; 7. Supplementary Discussion
  • Why is a Time-varying Parameter Model Used?; Acknowledgments; References; Chapter 2 Business Cycle Synchronization and Production Fragmentation in East Asia Fumihide Takeuchi; 1. Introduction; 2. Related Literature; 3. The Correlation of Business Cycles and Fragmentation; 3.1. Business cycle synchronization in East Asia and in major advanced countries; 3.2. Fragmentation of production in East Asia and Japan/the United States.
  • 3.3. Changes in the economic environment after the Asian financial crisis4. Structural FAVAR; 4.1. Model; 4.2. Data and model selection; 4.3. Empirical Results; 4.3.1. Variance decomposition; 4.3.2. Examination of the factors; 5. Conclusion; References; Chapter 3 Financial Market Linkage in East Asian Countries Kyosuke Shiotani and Yoichi Matsubayashi; 1. Introduction; 2. Literature Review; 3. Methodologies: Bayesian Network Model; 4. Empirical Evidence; 4.1. Data; 4.2. Empirical study; 5. Conclusion; Appendix: Concept and Structure of Bayesian Network; A.1. Basic concept.
  • A.2. Parameter estimationA. 3. Learning the Bayesian network; References; Chapter 4 The Impact of East Asian FTAS on the Structure of Demand Hikari Ban; 1. Introduction; 2. Framework and Data; 2.1. CGE and I-O analysis; 2.2. The GTAP model; 2.3. The I-O model; 2.4. Database; 3. CGE Analysis; 3.1. Simulation scenario; 3.2. Simulation results; 4. Input-Output Analysis; 4.1. Dependence on foreign final demand; 4.2. Ripple effects; 5. Conclusion; Appendix; References.
  • Chapter 5 Inflation Targeting in South Korea, Indonesia, the Philippines and Thailand: The Impact on Business Cycle Synchronization Between Each Country and the World Takeshi Inoue, Yuki Toyoshima and Shigeyuki Hamori1. Introduction; 2. Background and Features of IT in the Four Asian Countries; 2.1. South Korea; 2.2. Indonesia; 2.3. The Philippines; 2.4. Thailand; 2.5. Effectiveness of IT in the four Asian countries; 3. Literature Review; 4. Impact of IT Adoption on Business Cycle Synchronization with the Rest of the World; 4.1. Empirical techniques; 4.2. Data; 4.3. Empirical results.