 | How can Korea Boost Potential Output to Ensure Continued Income Convergence? Author/Editor: Sonali Jain-Chandra, Longmei Zhang. Release Date:April, 2014 Korea’s rapid growth has slowed in recent years, suggesting lower potential growth. This paper uses anarray of techniques, including statistical filters, a multivariate model and the production more...
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|  | Leaning Against the Wind: Macroprudential Policy in Asia Author/Editor: Longmei Zhang, Edda Zoli. Release Date:February, 2014 In recent years, macroprudential policy has become an increasingly active policy area. Many countries have adopted it as a tool to safeguard financial stability, in particular to deal with the credit more...
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|  | Potential Growth in Emerging Asia Author/Editor: Rahul Anand, Kevin C. Cheng, Sidra Rehman, Longmei Zhang. Release Date:January, 2014 Using three distinct approaches—statistical filtering, production function, and multivariate model— this paper estimates potential growth for China, India, and five ASEAN countries (Indonesia, more...
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|  | The Big Split: Why Did Output Trajectories in the ASEAN-4 Diverge after the Global Financial Crisis? Author/Editor: Agnes Isnawangsih, Vladimir Klyuev, Longmei Zhang. Release Date:October, 2013 The global financial crisis originated in advanced economies, but had a major impact on emerging markets. The impact, however, was not uniform. Even in a relatively homogenous group of countries such more...
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|  | Growth Slowdowns and the Middle-Income Trap Author/Editor: Shekhar Aiyar, Romain A Duval, Damien Puy, Yiqun Wu, Longmei Zhang. Release Date:March, 2013 The “middle-income trap” is the phenomenon of hitherto rapidly growing economies stagnating at middle-income levels and failing to graduate into the ranks of high-income countries. In this study more...
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