The Tale Of The Twin Deficits Nexus: An Alternative Procedure

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-directio...

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Main Authors: Lau, Evan, Liew, Venus Khim-Sen, Puah, Chin-Hong
Format: Article
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2004
Subjects:
Online Access:http://ir.unimas.my/id/eprint/9240/
http://ir.unimas.my/id/eprint/9240/1/THE%20TALE%20OF%20THE%20TWIN%20DEFICITS%20NEXUS%20AN%20ALTERNATIVE%20PROCEDURE.pdf
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author Lau, Evan
Liew, Venus Khim-Sen
Puah, Chin-Hong
author_facet Lau, Evan
Liew, Venus Khim-Sen
Puah, Chin-Hong
author_sort Lau, Evan
building UNIMAS Institutional Repository
collection Online Access
description 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.
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spelling unimas-92402016-04-14T07:07:29Z http://ir.unimas.my/id/eprint/9240/ The Tale Of The Twin Deficits Nexus: An Alternative Procedure Lau, Evan Liew, Venus Khim-Sen Puah, Chin-Hong HB Economic Theory 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. Universiti Malaysia Sarawak, (UNIMAS) 2004 Article NonPeerReviewed text en http://ir.unimas.my/id/eprint/9240/1/THE%20TALE%20OF%20THE%20TWIN%20DEFICITS%20NEXUS%20AN%20ALTERNATIVE%20PROCEDURE.pdf 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 http://www.ijbs.unimas.my
spellingShingle HB Economic Theory
Lau, Evan
Liew, Venus Khim-Sen
Puah, Chin-Hong
The Tale Of The Twin Deficits Nexus: An Alternative Procedure
title The Tale Of The Twin Deficits Nexus: An Alternative Procedure
title_full The Tale Of The Twin Deficits Nexus: An Alternative Procedure
title_fullStr The Tale Of The Twin Deficits Nexus: An Alternative Procedure
title_full_unstemmed The Tale Of The Twin Deficits Nexus: An Alternative Procedure
title_short The Tale Of The Twin Deficits Nexus: An Alternative Procedure
title_sort tale of the twin deficits nexus: an alternative procedure
topic HB Economic Theory
url http://ir.unimas.my/id/eprint/9240/
http://ir.unimas.my/id/eprint/9240/
http://ir.unimas.my/id/eprint/9240/1/THE%20TALE%20OF%20THE%20TWIN%20DEFICITS%20NEXUS%20AN%20ALTERNATIVE%20PROCEDURE.pdf