Are Asian Currencies at Risk from Currency Turmoil in Argentina, Turkey?
The region's strong fundamentals limit the risk of foreign exchange volatility.
The region's strong fundamentals limit the risk of foreign exchange volatility.
The Fed’s rate hike won’t have much impact in emerging Asia, at least in the short term.
To withstand external shocks and sustain growth, middle-income countries need to get the basics right on manufacturing, currency management, and education.
It’s high time for emerging Asian markets to prepare themselves for the tighter global financial conditions that Fed balance sheet normalization entails.
Urgent action is needed to reduce leverage levels in case US interest rates rise faster than expected.
Total factor productivity growth in middle-income countries depends on innovation, human capital, and infrastructure.
The region’s infrastructure bond market is still at a nascent stage.
Our empirical evidence indicates that PRC corporate bond credit spreads are significantly related to both micro and macro risk factors.