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At Different Speeds: Policy Complementarities and the Recovery from the Asian Crisis

  • Bruno Rocha
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    This paper begins with a short review and discussion of the literature on policy complementarities and their implications in terms of (sustainable) growth strategies and the possible emergence of a new policymaking paradigm. Then, it provides a descriptive analysis of the effect on economic growth of complementarities in structural policies in the specific context of the post-Asian crisis recovery. The study resulted in the computation of a reform-level indicator and of a complementarity indicator RC for the economies most affected by the Asian crisis—Indonesia, Republic of Korea, Malaysia, and Thailand. [ADB Institute Research Paper Series No. 74]

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    Paper provided by eSocialSciences in its series Working Papers with number id:3294.

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    Date of creation: Dec 2010
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    Handle: RePEc:ess:wpaper:id:3294
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