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Did Fiscal Stimulus Lift Developing Asia out of the Global Crisis? A Preliminary Empirical Investigation

Did Fiscal Stimulus Lift Developing Asia out of the Global Crisis? A Preliminary Empirical Investigation

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This paper empirically examines the effectiveness of developing Asia's fiscal stimulus in limiting the negative impact of the global financial crisis on the region's output.
This paper empirically examines the effectiveness of developing Asia's fiscal stimulus in limiting the negative impact of the global financial crisis on the region's output.

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Published by: Asian Development Bank on Aug 28, 2013
Copyright:Attribution Non-commercial

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01/13/2014

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 ADB Economics Working Paper Series
Did Fiscal Stimulus Lit Developing Asiaout o the Global Crisis?A Preliminary Empirical Investigation
Seok-Kyun Hur, Shikha Jha, Donghyun Park,and Pilipinas QuisingNo. 215 | August 2010
 
ADB Economics Working Paper Series No. 215
Did Fiscal Stimulus Lit Developing Asiaout o the Global Crisis?A Preliminary Empirical Investigation
Seok-Kyun Hur, Shikha Jha, Donghyun Park, and Pilipinas Quising
August 2010
Seok-Kyun Hur is Fellow, Department of Macroeconomic and Financial Policies, Korea DevelopmentInstitute; Shikha Jha is Principal Economist, Donghyun Park is Principal Economist, and Pilipinas Quising
is Economics Ofcer at the Macroeconomics and Finance Research Division, Economics and Research
Department, Asian Development Bank. The authors gratefully acknowledge the helpful comments of participants at a seminar held at the ADB Institute on 20 January 2010 in Tokyo, Charles Adams, andMaria Socorro Gochoco-Bautista.

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