High Growth and Low Consumption in East Asia : How to Improve Welfare While Avoiding Financial Failures /

This paper analyzes certain policies that are typical of a number of rapidly growing East Asian countries in which a fixed exchange rate, combined with a surplus labor market, has made domestic assets relatively inexpensive, generating high rates of FDI as well as domestic capital formation. This &q...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Rochon, Celine
مؤلفون آخرون: Feltenstein, Andrew, Shamloo, Maral
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2007.
سلاسل:IMF Working Papers; Working Paper ; No. 2007/278
الوصول للمادة أونلاين:Full text available on IMF