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Macroeconomic policy and policy infrastructure in emerging countries

Research Project

Project/Area Number 24530339
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionKinki University

Principal Investigator

KUNIMUNE Kozo  近畿大学, 経済学部, 教授 (50450490)

Co-Investigator(Kenkyū-buntansha) KASHIWABARA Chie  JETROアジア経済研究所, 研究グループ長 (00450502)
Co-Investigator(Renkei-kenkyūsha) INOUE Takeshi  南山大学, 総合政策学部, 准教授 (20450546)
NGUYEN Hung Quoc  兵庫県立大学, 経済学部, 准教授 (80625153)
Project Period (FY) 2012-04-01 – 2015-03-31
Project Status Completed (Fiscal Year 2014)
Budget Amount *help
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2014: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2013: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2012: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Keywordsマクロ経済政策 / 新興国 / 政策決定過程 / グローバル金融危機 / 東アジア / 東南アジア / 南アジア / 東南アジア
Outline of Final Research Achievements

Comparing to developed countries, emerging economies attain higher economic growth but suffer from high volatility. The same goes for their current accounts. In addition, they suffer from exogenous shocks such as sudden change of world trade flows or disturbance in international financial markets. Therefore, building the good configuration of policy implementation, or policy infrastructure, should be a priority to safeguard their economic development. In so doing, first, we should foster markets, including financial markets, and promote their maturation. Second, we should create appropriate institutional arrangement in policy decision-making and make sure the existence of good division of labor between different policies. Third, we should maintain proper management of foreign reserves and exchange rate policy. Finally, we should create new framework of international macroeconomic policy coordination which involves major emerging countries.

Report

(4 results)
  • 2014 Annual Research Report   Final Research Report ( PDF )
  • 2013 Research-status Report
  • 2012 Research-status Report
  • Research Products

    (18 results)

All 2015 2014 2013 2012

All Journal Article (14 results) (of which Open Access: 1 results,  Acknowledgement Compliant: 1 results,  Peer Reviewed: 4 results) Presentation (1 results) Book (3 results)

  • [Journal Article] Changes in Source of Profits and Business Strategies?: Some Evidence from the Philippines' Universal Banks in the 2000s2015

    • Author(s)
      Chie Kashiwabara
    • Journal Title

      IDE Discussion Paper

      Volume: No. 520 Pages: 1-19

    • Related Report
      2014 Annual Research Report
    • Open Access / Acknowledgement Compliant
  • [Journal Article] Central Bank Intervention and Exchange Rate Behaviour: Empirical Evidence for India2015

    • Author(s)
      Takeshi INOUE
    • Journal Title

      Singapore Economic Review

      Volume: 印刷中

    • Related Report
      2014 Annual Research Report
    • Peer Reviewed
  • [Journal Article] フィリピン金融機関の融資残高と期間構成:2000年以降における傾向と外資系金融機関との比較2015

    • Author(s)
      柏原千英
    • Journal Title

      調査研究報告書(アジア経済研究所)

      Volume: 研究会番号C-31 Pages: 23-41

    • Related Report
      2014 Annual Research Report
  • [Journal Article] 補論および資料 ユニバーサル/商業銀行の融資残高と期間構成:各行別2000年以降の推移2015

    • Author(s)
      柏原千英
    • Journal Title

      調査研究報告書(アジア経済研究所)

      Volume: 研究会番号C-31 Pages: 43-64

    • Related Report
      2014 Annual Research Report
  • [Journal Article] Market Efficiency of Commodity Futures in India2014

    • Author(s)
      INOUE, Takeshi
    • Journal Title

      Applied Economics Letters

      Volume: vol.21 issue 8 Issue: 8 Pages: 522-527

    • DOI

      10.1080/13504851.2013.872751

    • Related Report
      2013 Research-status Report
    • Peer Reviewed
  • [Journal Article] フィリピンにおける企業財務開示と企業研究2014

    • Author(s)
      柏原千英
    • Journal Title

      調査研究報告書(アジア経済研究所)

      Volume: 研究会番号C-27 Pages: 1-12

    • Related Report
      2013 Research-status Report
  • [Journal Article] Financial Permeation as a Role of Microfinance: Has Microfinance Actually been a Viable Financial Intermediary for Helping the Poor?2013

    • Author(s)
      INOUE, Takeshi
    • Journal Title

      Applied Financial Economics

      Volume: vol.23. no.20 Issue: 20 Pages: 1567-1578

    • DOI

      10.1080/09603107.2013.839859

    • Related Report
      2013 Research-status Report
    • Peer Reviewed
  • [Journal Article] Financial Permeation and Economic Growth: Evidence from Sub-Saharan Africa2013

    • Author(s)
      INOUE, Takeshi
    • Journal Title

      MPRA Paper

      Volume: no.53417 Pages: 1-28

    • Related Report
      2013 Research-status Report
  • [Journal Article] Housing Investment: What Makes It so Volatile? Theory and Evidence from OECD Countries2013

    • Author(s)
      Nguyen, Quoc Hung
    • Journal Title

      Journal of Housing Economics

      Volume: Volume 22, Issue 3 Issue: 3 Pages: 163-178

    • DOI

      10.1016/j.jhe.2013.07.002

    • Related Report
      2013 Research-status Report
    • Peer Reviewed
  • [Journal Article] The Central Bank and Bank Credits in the Philippines: A Survey on Effectiveness of Monetary Policy and Its Measures2013

    • Author(s)
      Kashiwabara, Chie
    • Journal Title

      IDE Discussion Paper, Institute of Developing Economies: Chiba

      Volume: No.413 Pages: 1-17

    • Related Report
      2012 Research-status Report
  • [Journal Article] Central Bank Intervention and Exchange Rate Behaviour: Empirical Evidence for India2012

    • Author(s)
      Inoue, Takeshi
    • Journal Title

      IDE Discussion Paper, Institute of Developing Economies: Chiba

      Volume: No.353 Pages: 1-14

    • Related Report
      2012 Research-status Report
  • [Journal Article] Effects of Demographic Changes on North-South Technology Transfer and Relative Wage2012

    • Author(s)
      Nguyen, Quoc Hung
    • Journal Title

      Working Paper, University of Hyogo: Kobe

      Volume: No. 221 Pages: 1-22

    • Related Report
      2012 Research-status Report
  • [Journal Article] Ramsey Monetary Policy in a Small Open Economy with Labor Market Frictions2012

    • Author(s)
      Nguyen, Quoc Hung
    • Journal Title

      Working Paper, University of Hyogo: Kobe

      Volume: No. 222 Pages: 1-34

    • Related Report
      2012 Research-status Report
  • [Journal Article] Housing and The Business Cycle in an Open Economy2012

    • Author(s)
      Nguyen, Quoc Hung
    • Journal Title

      Working Paper, University of Hyogo: Kobe

      Volume: No. 223 Pages: 1-23

    • Related Report
      2012 Research-status Report
  • [Presentation] Post-Crisis Financial Sector Challenges: ASEAN+3 Regional Financial Cooperation and Domestic Financial Markets2013

    • Author(s)
      KASHIWABARA, Chie
    • Organizer
      "Post-Crisis Global Financial market: Challenges and Opportunity", International Financial Conference 2013, held by EDAILY and EDAILY TV
    • Place of Presentation
      Seoul
    • Related Report
      2013 Research-status Report
  • [Book] テキストブック開発経済学(第3版)2015

    • Author(s)
      黒岩郁雄・高橋和志・山形辰史(編著)、国宗浩三、他12名
    • Total Pages
      294
    • Publisher
      有斐閣
    • Related Report
      2014 Annual Research Report
  • [Book] IMF改革と通貨危機の理論:アジア通貨危機の宿題2013

    • Author(s)
      国宗浩三
    • Total Pages
      292
    • Publisher
      勁草書房
    • Related Report
      2013 Research-status Report
  • [Book] グローバル金融危機と途上国経済の政策対応2013

    • Author(s)
      国宗浩三 編
    • Total Pages
      303
    • Publisher
      アジア経済研究所
    • Related Report
      2012 Research-status Report

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Published: 2013-05-31   Modified: 2019-07-29  

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