{"id":53226,"date":"2024-09-18T12:02:32","date_gmt":"2024-09-18T05:02:32","guid":{"rendered":"https:\/\/www.krirk.ac.th\/?p=53226"},"modified":"2024-10-02T14:43:17","modified_gmt":"2024-10-02T07:43:17","slug":"refuting-the-bias-in-the-analysis-of-the-impact","status":"publish","type":"post","link":"https:\/\/www.krirk.ac.th\/en\/refuting-the-bias-in-the-analysis-of-the-impact\/","title":{"rendered":"Refuting The Bias in The Analysis of The Impact of The Federal Reserve&#8217;s Interest Rate Hike on The Asian Economy And Seeking Countermeasures after The Occurrence of The Financial Crisis"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"53226\" class=\"elementor elementor-53226\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-744a7c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"744a7c8\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-27b1d6b\" data-id=\"27b1d6b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c27e10a elementor-widget__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"c27e10a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Part 1 Research Project Background<\/b><br><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08da4e3 elementor-widget elementor-widget-text-editor\" data-id=\"08da4e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Affected by the Federal Reserve&#8217;s interest rate hike, the Japanese yen hit a 34 year low against the US dollar, sparking heated discussions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-699e0d4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"699e0d4\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-bedf996\" data-id=\"bedf996\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef1ac51 animated-slow elementor-invisible elementor-widget elementor-widget-image\" data-id=\"ef1ac51\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"522\" height=\"316\" src=\"https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546113405-1.webp\" class=\"attachment-large size-large wp-image-53260\" alt=\"\" srcset=\"https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546113405-1.webp 522w, https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546113405-1-300x182.webp 300w\" sizes=\"(max-width: 522px) 100vw, 522px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e45955f\" data-id=\"e45955f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a71334d elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"a71334d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0 \u00a0 \u00a0However, some economists and financial experts have biases when analyzing this issue: they believe that raising interest rates by the Federal Reserve will only benefit the United States, not harm it; For Asian countries, the opposite is true.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-f50d282 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f50d282\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b36347\" data-id=\"5b36347\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5022aff elementor-widget elementor-widget-text-editor\" data-id=\"5022aff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Part 2 Research Content and Challenges Faced<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-949cae0 elementor-widget elementor-widget-text-editor\" data-id=\"949cae0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The main contents of the research include\uff1a<br>This article is guided by economic theory to refute the aforementioned biases, and on this basis, seeks to identify the causes and solutions to the financial crisis.<\/p>\n<p>Challenges faced by research:<br>The economic models involved in this article are all aimed at analyzing the equilibrium products, currencies, and foreign exchange markets in the short term (1-2 years). Not suitable for medium to long-term market analysis.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-111a8f1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"111a8f1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4987888\" data-id=\"4987888\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-216ecf9 elementor-widget elementor-widget-text-editor\" data-id=\"216ecf9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Part III Research Results and Benefits to Society<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be3fec8 elementor-widget elementor-widget-text-editor\" data-id=\"be3fec8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Research results:<br \/>This article analyzes the opportunities and challenges brought by the Federal Reserve&#8217;s interest rate hike to the United States, Japan, and Vietnam through the IS-LM and DD-AA models of product, currency, and foreign exchange markets. Further analysis was conducted on the factors that caused the financial crisis, as well as the response measures that governments of various countries should adopt.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-5e183e8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e183e8\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-46a7e5d\" data-id=\"46a7e5d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1441ff elementor-widget elementor-widget-text-editor\" data-id=\"c1441ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The US product and currency markets are shown in the following figure:<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55230cb animated-slow elementor-invisible elementor-widget elementor-widget-image\" data-id=\"55230cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"617\" height=\"484\" src=\"https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546120753.webp\" class=\"attachment-medium_large size-medium_large wp-image-53265\" alt=\"\" srcset=\"https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546120753.webp 617w, https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546120753-300x235.webp 300w\" sizes=\"(max-width: 617px) 100vw, 617px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-092c67c elementor-widget elementor-widget-text-editor\" data-id=\"092c67c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The US foreign exchange market is shown in the following figure:<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8af8679 animated-slow elementor-invisible elementor-widget elementor-widget-image\" data-id=\"8af8679\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInLeft&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"524\" height=\"369\" src=\"https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546125695.webp\" class=\"attachment-medium_large size-medium_large wp-image-53267\" alt=\"\" srcset=\"https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546125695.webp 524w, https:\/\/www.krirk.ac.th\/wp-content\/uploads\/2024\/09\/messageImage_1726546125695-300x211.webp 300w\" sizes=\"(max-width: 524px) 100vw, 524px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ef29ca elementor-widget elementor-widget-text-editor\" data-id=\"6ef29ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The potential impact of research findings on society:<br \/>1. Consider the factors that caused the financial crisis: <br \/>\u00a0 \u00a0 \u00a04 external and 4 internal factors each;<br \/>2. Seeking countermeasures: 4 countermeasures.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-369a53f elementor-widget elementor-widget-text-editor\" data-id=\"369a53f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Part IV: Research Triggering Other Projects<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-058617d elementor-widget elementor-widget-text-editor\" data-id=\"058617d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Studied China&#8217;s performance in this crisis, the advantages and disadvantages of its foreign exchange management mechanism, and suggestions for improvement.<\/p>\n<p>KRIRK UNIVERSITY<br>The Department of Business Administration<br>Jia, Shigang<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Part 1 Research Project Background &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Affected by the Federal Reserve&#8217;s interest rate hike, the Japanese yen hit a 34 year low against the US dollar, sparking heated discussions. \u00a0 \u00a0 \u00a0However, some economists and financial experts have biases when analyzing this issue: they believe that raising interest rates by the Federal [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":53227,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[182,183],"tags":[],"class_list":["post-53226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-award-asia-en","category-international-strategy-of-the-year"],"_links":{"self":[{"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/posts\/53226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/comments?post=53226"}],"version-history":[{"count":0,"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/posts\/53226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/media\/53227"}],"wp:attachment":[{"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/media?parent=53226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/categories?post=53226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.krirk.ac.th\/en\/wp-json\/wp\/v2\/tags?post=53226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}