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Corporate Bankruptcy in Korea: Only the Strong Survive?
We analyze whether the build-up of financial vulnerabilities led listed Korean companies to bankruptcy. We find that pre-crisis leverage is systematically high for both poor performing/slow growing… Expand
The Belt and Road Initiative: Maximizing benefits, managing risks—A computable general equilibrium approach
Using a Global Trade Analysis Project (GTAP) model, and China as the base for analytical comparison, this paper shows that there are significant economic benefits to China and the participating… Expand
Belt and Road Initiative ( BRI ) : Enhancing ICT connectivity in China-Central Asia Corridor †
- Hongjoo J. Hahm, Guolei Cai, Eric Roeder, Jeremy Marand, Achara Jantarasaengaram, Bhavna Choudhury
The Belt and Road Initiative (BRI) aims to enhance connectivity and collaboration among 60 countries and beyond in Asia, Africa and Europe. Information and communications technology (ICT) is an… Expand
Current trends in private financing of water and sanitation in Asia and the Pacific
- Hongjoo J. Hahm
- 11 December 2019
The present paper shows the current trends in private sector investment in the water and sanitation sector. After peaking in 2007, private investment in the water and sanitation sector has been… Expand
LEVERAGING OCEAN RESOURCES FOR SUSTAINABLE DEVELOPMENT OF SMALL ISLAND DEVELOPING STATES
The development of the private sector in a small economy in transition : the case of Mongolia
- Hongjoo J. Hahm
- 31 December 1993
This paper attempts to identify the overall reform issues affecting the private sector in Mongolia. The paper, first, provides a detailed description of the stucture and characteristics of the… Expand
Unlocking the public-private partnerships : deadlock in Indonesia
The challenges faced by Indonesia in creating a robust Public-Private Partnership (PPP) program are similar to those faced by many other middle-income countries. This paper provides a gap analysis… Expand
Executive summary of the Asia-Pacific Countries with Special Needs Development Report 2019: Structural Transformation and its Role in Reducing Poverty
Countries with special needs in Asia and the Pacific have made considerable development gains in recent decades. Nevertheless, further progress is needed in several areas. While these economies have… Expand
Corporate Foreign Borrowing in East Asia : Too Much , Too Little ?
This paper examined a sample of corporate financial data obtained from five East Asian countries (Korea, Indonesia, Malaysia, Philippines and Thailand) during the period 1996-1998. We find the levels… Expand