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Banks’ Risk-taking and State Ownership: Evidence from Asian Emerging Markets

Ai-Xin Lee · Chee-Wooi Hooy ·Malaysian Journal of Economic Studies ·2020 ·JEL: G21, G28, G32

This paper examines the relationship between state ownership and banks’ risk-taking in nine Asian emerging markets for the period 2009 to 2017. The finding shows that state-owned banks are associated with higher risk-taking in terms of cred...

Early warning systems using dynamic factor models: An application to Asian economies

Chi Truong · Jeffrey Sheen · Stefan Truck · James Villafuarte ·Journal of Financial Stability ·2022 ·JEL: C33, E44, G01, G17

This study develops an early warning system for financial crises with a focus on small open economies. We contribute to the literature by developing macro-financial dynamic factor models that extract useful information from a rich but unbal...

Does conflict have negative consequences on economic growth in South Asia?

Abdul Rasheed Sithy Jesmy · Mohd Zaini Abd Karim · Shri Dewi Applanaidu ·Institutions and Economies ·2018 ·JEL: H56; O40; F50

The direct and indirect causes of armed conflict in South Asia is perhaps the single most important reason for increasing military expenditure. It is also a significant threat to the growth of national output in the region. This study exami...

Relations between Innovation and Firm Performance of Manufacturing Firms in Southeast Asian Emerging Markets: Empirical Evidence from Indonesia, Malaysia, and Vietnam

Kyunga Na · Young-Hee Kang ·Journal of Open Innovation: Technology Market and Complexity ·2019

This study aims to investigate the effects of product and process innovations on manufacturing firm performance in Southeast Asian emerging markets. To this end, using a cross-national sample of 2324 manufacturing firms from the World Bank...

The elusive quest for high income status—Malaysia and Thailand in the post-crisis years

Kunal Sen · Matthew Tyce ·Structural Change and Economic Dynamics ·2019

Both Malaysia and Thailand were seen to be part of the miracle growth economies of East Asia and fast moving into high income status in the early 1990s. Following the Asian Financial Crisis (AFC) of the mid 1990s, both countries have observ...

Pharmaceutical Policy Reforms to Regulate Drug Prices in the Asia Pacific Region: The Case of Australia, China, India, Malaysia, New Zealand, and South Korea

Syed Shahzad Hasan · Chia Siang Kow · Dalia Dawoud · Omneya Mohamed · Darrin Baines · Zaheer-Ud-Din Babar ·Value in Health Regional Issues ·2018

Medicine price directly affects affordability and access to medicines particularly in countries where a major portion of pharmaceutical spending is through out-of-pocket payment, such as in the Asia Pacific region. We have undertaken a deta...

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