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...s, and still-fragile financial institutions. Moreover, the foundations supporting the new financial regulatory regime need to be put into place. The ... ...lic of Korea 48.9 1,007.1 20,591 Malaysia 28.3 238 8,423 Mexico 108.6 1,039.1 9,566 New Zealand 4.4 140.4 32,145 Papua New Guinea 6.5 9.7 1,488 P... ... 13 at US$ 5.9 trillion and US$ 5.5 trillion respectively. On the contrary, Papua New Guinea’s GDP was recorded at US$ 9.7 billion in 2010, the ... ...C Economies 62 USA. V olatility in the New York and NASDAQ stock exchanges and changes in interest-rates ... ...nism that will force faster consolidation in order to regain the lost fiscal space - Republicans propose a global debt cap of 20.6 percent of GDP ... ..., B.H. 2001 Econometric Analysis of Panel Data, 2 nd Edition, John Wiley & Sons, New York. Baltagi, B.H. 2002 Econometrics, 3 rd Edition, Spring...