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...

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Chi tiết về thư mục
Tác giả chính: Rochon, Celine
Tác giả khác: Feltenstein, Andrew, Shamloo, Maral
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2007.
Loạt:IMF Working Papers; Working Paper ; No. 2007/278
Truy cập trực tuyến:Full text available on IMF