The Tale Of The Twin Deficits Nexus: An Alternative Procedure
An insight of the particular story of twin deficits nexus among the four ASEAN economies are presented in this paper. The mixture of empirical results detected in this study spanning from Keynesian proposition (the Philippines), current account targeting in Indonesia and Thailand while a bi-directio...
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Universiti Malaysia Sarawak, (UNIMAS)
2004
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my.unimas.ir.92402016-04-14T07:07:29Z http://ir.unimas.my/id/eprint/9240/ The Tale Of The Twin Deficits Nexus: An Alternative Procedure Lau, Evan Liew, Venus Khim-Sen Puah, Chin-Hong HB Economic Theory An insight of the particular story of twin deficits nexus among the four ASEAN economies are presented in this paper. The mixture of empirical results detected in this study spanning from Keynesian proposition (the Philippines), current account targeting in Indonesia and Thailand while a bi-directional causality for Malaysia. Disparities among these countries empirical regularities suggest that the reformation of a policy (or experience) of another country is not applicable in other country. Different scenario in a country brings out different policy tools. Practically the real solution in reforming the appropriate policies lies on the coherent package of budget cut with some complementary policies such like productivity improvement, monetary and exchange rate. Universiti Malaysia Sarawak, (UNIMAS) 2004 E-Article NonPeerReviewed text en http://ir.unimas.my/id/eprint/9240/1/THE%20TALE%20OF%20THE%20TWIN%20DEFICITS%20NEXUS%20AN%20ALTERNATIVE%20PROCEDURE.pdf Lau, Evan and Liew, Venus Khim-Sen and Puah, Chin-Hong (2004) The Tale Of The Twin Deficits Nexus: An Alternative Procedure. International Journal of Business and Society, 5 (2). pp. 33-53. ISSN 1511 6670 http://www.ijbs.unimas.my |
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HB Economic Theory Lau, Evan Liew, Venus Khim-Sen Puah, Chin-Hong The Tale Of The Twin Deficits Nexus: An Alternative Procedure |
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An insight of the particular story of twin deficits nexus among the four ASEAN economies are presented in this paper. The mixture of empirical results detected in this study spanning from Keynesian proposition (the Philippines), current account targeting in Indonesia and Thailand while a bi-directional causality for Malaysia. Disparities among these countries empirical regularities suggest that the reformation of a policy (or experience) of another country is not applicable in other country. Different scenario in a country brings out different policy tools. Practically the real solution in reforming the appropriate policies lies on the coherent package of budget cut with some complementary policies such like productivity improvement, monetary and exchange rate. |
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E-Article |
author |
Lau, Evan Liew, Venus Khim-Sen Puah, Chin-Hong |
author_facet |
Lau, Evan Liew, Venus Khim-Sen Puah, Chin-Hong |
author_sort |
Lau, Evan |
title |
The Tale Of The Twin Deficits Nexus: An Alternative Procedure |
title_short |
The Tale Of The Twin Deficits Nexus: An Alternative Procedure |
title_full |
The Tale Of The Twin Deficits Nexus: An Alternative Procedure |
title_fullStr |
The Tale Of The Twin Deficits Nexus: An Alternative Procedure |
title_full_unstemmed |
The Tale Of The Twin Deficits Nexus: An Alternative Procedure |
title_sort |
tale of the twin deficits nexus: an alternative procedure |
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Universiti Malaysia Sarawak, (UNIMAS) |
publishDate |
2004 |
url |
http://ir.unimas.my/id/eprint/9240/1/THE%20TALE%20OF%20THE%20TWIN%20DEFICITS%20NEXUS%20AN%20ALTERNATIVE%20PROCEDURE.pdf http://ir.unimas.my/id/eprint/9240/ http://www.ijbs.unimas.my |
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1644510685690855424 |
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13.211869 |