Asia’s Post-Global Financial Crisis Adjustment: A Model-Based Dynamic Scenario Analysis

Using a dynamic global general equilibrium model, the paper assesses the short- and medium-term impacts of the global financial crisis for Asian economies and the implications of post-crisis adjustment in East Asia for the world economy. The analysis suggests that East Asia may not be severely hit p...

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Bibliographic Details
Main Authors: Masahiro Kawai, Fan Zhai
Format: Article
Language:English
Published: World Scientific Publishing 2010-12-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110510500113