Tags : Economic Policy

About 8 results
Yan Xu
Professor
https://iems.ust.hk/people/faculty-associates/yan-xu
Industrial Upgrading, Structural Change, and Middle-Income Trap
Since the second World War, only thirteen middle-income economies have successfully become high- income economies, whereas more of them have failed to converge to rich countries. This growth phenomenon is called the middle-income trap. How to avoid the middle-income trap is a key challenge facing almost all the ...
https://iems.ust.hk/research/project/2015/wang-industrial-upgrading-structural-change
Monetary Policy Transmission: Visible Disconnect – IEMS’ Sasi Gopalan Pens Op-Ed on India’s Incomplete Interest-rate Pass-through Mechanism
IEMS’ Sasidaran Gopalan was featured in an eSocialScience op-ed on India’s woefully incomplete interest-rate pass-through mechanism, and how the Reserve Bank of India’s recent rate cuts clearly illustrate the disconnect of monetary policy transmission in India. As Dr. Gopalan argued: The strength ...
https://iems.ust.hk/updates/media-coverage/2015/gopalan-esocialscience-monetary-policy-transmission-visible-disconnect
The Political Economy of State Capitalism and Shadow Banking in China
The Xi-Li administration faces the dual challenge of managing state capitalism and shadow banking as China enters a phase of more moderate economic growth. During China’s first three decades of reform, private sector development occurred in parallel with prioritization of state-owned enterprises in strategic ...
https://iems.ust.hk/publications/iems-working-papers/tsai-the-political-economy-of-state-capitalism-and-shadow-banking-in-china
Political Volatility and Capital Markets: Evidence from Transition
This paper looks at the effects of political volatility in transition economies to ascertain how nascent political institutions affect fledgling capital markets. Asymmetric (GJR) GARCH modeling of monthly data was taken for 21 transition economies on financial volatility, political volatility, and monetary policy to ...
https://iems.ust.hk/publications/iems-working-papers/hartwell-political-volatility-and-capital-markets-evidence-from-transition
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