| Srl | Item |
| 1 |
ID:
090578
|
|
|
|
|
| Publication |
2009.
|
| Summary/Abstract |
In this paper we provide a review and synthesis of some of the available information and data regarding Vietnam's exchange rate regime, as well as an analysis of whether, and to what extent, the conduct of exchange rate policy has been consistent with a number of possible key policy objectives. To facilitate the analysis, annual and monthly data are compiled for both the nominal and real effective exchange rates (NEER and REER). The analysis suggests that the authorities have tended to place special emphasis on maintaining stability in the nominal, bilateral VND/USD exchange rate. As a consequence, there have been periods when the REER appreciated, indicating losses in international competitiveness. The official exchange rate's stability has also acted as a retardant in the development of the country's foreign exchange market. It appears that this stability has been neither necessary nor sufficient for inflation control.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2 |
ID:
120232
|
|
|
|
|
| Publication |
2013.
|
| Summary/Abstract |
In this paper, we investigate trends in the disparities in output and income across the states of Malaysia during the past four decades, using several different methods - including the log-t test proposed by Phillips and Sul (2007, 2009) - and data for a range of variables. The results indicate that output (GDP) per capita at the state level generally diverged over the study period, although there was convergence within each of the three statistically identifiable "clubs". By contrast, disparities with regard to average household income for Malaysian citizens appear to have decreased generally across all the states as a group.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|