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
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Abstract
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.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | twin deficits nexus, ASEAN economies, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, Universiti Malaysia Sarawak |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Karen Kornalius |
| Date Deposited: | 27 Oct 2015 06:58 |
| Last Modified: | 14 Apr 2016 07:07 |
| URI: | http://ir.unimas.my/id/eprint/9240 |
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