Can Greater Openness and Deeper Financial Development Drag ASEAN-5 into Another Series of Economic Crises ?

@inproceedings{Hazman2016CanGO,
  title={Can Greater Openness and Deeper Financial Development Drag ASEAN-5 into Another Series of Economic Crises ?},
  author={Samsudin Hazman},
  year={2016}
}
  • Samsudin Hazman
  • Published 2016
In the event of economic crises, it is observed that economic volatility becomes more severe. Therefore, the aim of this study is to examine the impact of greater openness and deeper financial sector development in influencing the level of economic volatility which could trigger economic crises in both long-and short-run periods in the case of ASEAN-5 countries, namely Indonesia, Malaysia, Philippines, Singapore and Thailand. Given that more attention is needed to address the issue, the Pooled… CONTINUE READING