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The World Economy After the Global Crisis
The global credit crisis of 2008 2009 was the most serious shock to the world economy in fully 80 years. It was for the world as a whole what the Asian crisis of 1997 1998 was for emerging markets: a profoundly alarming wake-up call. By laying bare the fragility of global markets, it raised troubling questions about the operation of our deeply integrated world economy. It cast doubt on the efficacy of the dominant mode of light-touch financial regulation and more generally on the efficacy of the prevailing commitment to economic and financial liberalization. It challenged the managerial capacity of inherited institutions of global governance. And it augured a changing of the guard, pointing ...
The Causal Relationship between Trade and FDI: Implication for India and East Asian Countries
I. Introduction II. Trend of Trade and FDI between India and East Asia 1. Trade 2. FDI III. Literature Review and Distinction IV. Data, Methodology and Estimation 1. Analyzed Countries and Data 2. Methodology 3. Estimation V. Conclusion and Policy Implication References Appendix
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