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Full-Text Articles in Social and Behavioral Sciences
Exchange Rate Regimes And The Twin Economies Of Hong Kong And Singapore, Yue Ma, Y. Y. Kueh, Raymond, C. W. Ng
Exchange Rate Regimes And The Twin Economies Of Hong Kong And Singapore, Yue Ma, Y. Y. Kueh, Raymond, C. W. Ng
CAPS Working Paper Series
Based on a small, open-economy IS-LM prototype model, this paper examines the sources of macroeconomic instabilities in Hong Kong and Singapore operating under two similar cu訂ency board arrangements (CBAs). The empirical findings suggest that in general both extemal and intemal factors contribute to the macroeconomic volatilities observed in the two economies. Interestingly, whilst in Hong Kong interest rate is the single most important factor accounting for the variation in real GDP, price level and money supply, in most cases in Singapore the volatilities of these three macro variables cannot be attributed to a significant single facto r. Interest rate in …
China's Domestic And International Policies On Global Warming : Explanations And Assessment, Paul G. Harris, Hongyuan Yu
China's Domestic And International Policies On Global Warming : Explanations And Assessment, Paul G. Harris, Hongyuan Yu
CAPS Working Paper Series
Global warming and resulting climate change present the world with major and potentially devastating challenges. China is among the countries that will suffer the effects of climate change. Although its per captia emissions of pollutants causing global warming remain relatively low compared to the world’s richest countries, China is now the second largest global polluter, and in coming decades it will overtake the United States as the world’s largest polluter of the global atmosphere. How China responds to this problem has profound implications for its people, its neighbors and the world. China has joined with other countries in debating this …
Chinese Environmental Attitudes And Climate Change : Survey Findings On Precursors Of China's Domestic And International Policies On Global Warming, Paul G. Harris
CAPS Working Paper Series
Attitudes toward the environment in China are ambiguous at best and anti-environment at worst. These attitudes are indicators of how the Chinese view the natural environment and how they are likely to behave toward it and respond to efforts to protect it—whether they will practice "green" development and preservation of nature, or instead contribute to practices that are turning China's air, land and water brown (or even black) with pollution. These attitudes are also important precursors to individual Chinese behaviours and the policies and actions of the Chinese government to combat global warming and climate change. As such, attitudes toward …