|Revisiting Tourism Flows to the Caribbean: What is Driving Arrivals?|
Author/Editor: Nicole Laframboise, Nkunde Mwase, Joonkyu Park, Yingke Zhou.
Release Date:December, 2014
The Caribbean share of the global tourism market has been declining. This study examines what isdriving tourism flows. It estimates the determinants of tourism and explores variations based onsample more...
|Procyclical Behavior of Institutional Investors During the Recent Financial Crisis: Causes, Impacts, and Challenges|
Author/Editor: Michael G Papaioannou, Joonkyu Park, Jukka Pihlman, Han van der Hoorn.
Release Date:September, 2013
This paper (i) provides evidence on the procyclical investment behavior of major institutional investors during the global financial crisis; (ii) identifies the main factors that could account for more...
|Financial Interconnectedness and Financial Sector Reforms in the Caribbean|
Author/Editor: Sumiko Ogawa, Joonkyu Park, Diva Singh, Nita Thacker.
Release Date:July, 2013
Financial sector linkages have increased continuously in the Caribbean with cross border capital flows and financial conglomerates dominating the financial system. While the greater more...
|Brazil's Capital Market : Current Status and Issues for Further Development|
Author/Editor: Joonkyu Park.
Release Date:September, 2012
Capital market development in Brazil is a key policy issue going forward to foster savings, investment and absorptive capacity in a context of prospects for sizable capital flows in the medium term. more...