Asian Economic Papers

2002 - 2025

Current editor(s): Wing Thye Woo, Sungbae An, Fukunari Kimura and Ming Lu

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Investment Bust in Post-Crisis Korea: Fact or Fiction? pp. 1-18: Kyung-Mook Lim and Wonhyuk Lim
Directions of East Asian Regional Financial Cooperation pp. 25-55: Chalongphob Sussangkarn and Pakorn Vichyanond
Economic Liberalization with Rising Segmentation in China's Urban Labor Market pp. 58-101: Sylvie Dmurger, Martin Fournier, Shi Li and Wei Zhong
What Happens When Institutions Do Not Work: Jueteng, Crises of Presidential Legitimacy, and Electoral Failures in the Philippines pp. 104-125: Raul Fabella
Indonesia, Malaysia, and Thailand: New Administrations, New Policies, New Performance? pp. 128-168: Don Hanna
Does FDI Mode of Entry Matter for Economic Developments of a Host Country? The Case of Korea pp. 171-185: Seong-Bong Lee and Mikyung Yun

The Next Tsunami? Preparing for a Disorderly Correction of Global Imbalances pp. 1-6: Barry Eichengreen
The Evolution of Exchange Rate Policy and Capital Controls in Australia pp. 7-29: Guy Debelle and Michael Plumb
Correlation, Contagion, and Asian Evidence pp. 32-72: Mardi Dungey, Renee Fry-McKibbin and Vance Martin
Is the Log Export Ban an Efficient Instrument for Economic Development and Environmental Protection? The Case of Indonesia pp. 75-104: Budy Resosudarmo and Arief Yusuf
"Economizing" on Government in Economic Development pp. 108-116: Ross Garnaut
The Buffeting of Thailand by the Unholy Trinity of Avian Inºuenza, Tsunami, and the Oil Price Shock pp. 117-129: Bhanupong Nidhiprabha

Purifying Japan's Banks: Issues and Implications pp. 1-32: Randall Morck and Bernard Yeung
Investor Rights in Historical Perspective: Globalization and the Future of the Japanese Firm and Financial System pp. 36-63: Juro Teranishi
Financial Market Integration in East Asia: Regional or Global? pp. 73-89: Jongkyou Jeon, Yonghyup Oh and Doo Yong Yang
The Global Macroeconomic Consequences of a Demographic Transition pp. 92-134: Warwick McKibbin
An Assessment of the Usefulness of Money for Policy in the Philippines pp. 142-176: Maria Socorro Gochoco-Bautista
Macroeconomic Policies and Performance in Iran pp. 177-186: Akbar Komijani

Product Fragmentation and Trade Patterns in East Asia pp. 1-27: Prema-chandra Athukorala
The Conundrum of Sustainable Energy: Clean Coal as One Possible Answer pp. 30-58: Klaus S. Lackner
Nonperforming Debts in Chinese Enterprises: Patterns, Causes, and Implications for Banking Reform pp. 61-113: Geng Xiao
Digital Inequality in East Asia: Evidence from Japan, South Korea, and Singapore pp. 116-139: Hiroshi Ono
How Intra-Industry Trade Is Related to Income Difference and Foreign Direct Investment in East Asia pp. 143-156: Chan-Hyun Sohn and Zhaoyong Zhang
Enhancing Singapore's Competitiveness: Some Fundamental Rethinking pp. 165-202: Khee Giap Tan and Chen Kang

Black Smoke in China and Its Climate Effects pp. 1-23: David G. Streets
The Impact of Intergovernmental Transfers in the Japanese Local Government Fiscal System pp. 26-58: Sayuri Shirai
The Thai Currency Crisis: Financing Constraints, High Fixed Costs, and Corporate Governance pp. 60-87: Robert Dekle, Cathy Karnchanasai and Pongsak Hoontrakul
Developing the Government Bond Market in South Korea: History, Challenges, and Implications for Asian Countries pp. 91-113: Kenneth Kang, Geena Kim and Changyong Rhee
The Importance of Fiscal Consolidation for Sustained Economic Recovery in Japan pp. 114-127: Shigeki Morinobu

The Indian Ocean Tsunami: Economic Impact, Disaster Management, and Lessons pp. 1-39: Prema-chandra Athukorala and Budy Resosudarmo
Is a Change in the Renminbi Exchange Rate in China's Interest? pp. 40-75: Barry Eichengreen
An Examination of the Formation of Natural Trading Blocs in East Asia pp. 90-103: Chang-Soo Lee and Soon-Chan Park
ASEAN-China Economic Competition and Free Trade Area pp. 109-147: Chia Siow Yue
The Internationalization of Vietnamese Small and Medium-Sized Enterprises pp. 152-177: Ari Kokko and Fredrik Sjöholm

Can the Strategy of Western Development Narrow Down China's Regional Disparity? pp. 1-23: Wei Zhang
The Asian Crises Reexamined pp. 32-87: Thomas D. Willett, Ekniti Nitithanprapas, Isriya Nitithanprapas and Sunil Rongala
South Korea's Marginal Intra-Industry Trade and the Choice of Preferential Partners pp. 94-116: Hyun-Hoon Lee and Chan-Hyun Sohn
The Giant Sucking Sound: Is China Diverting Foreign Direct Investment from Other Asian Economies? pp. 122-140: Busakorn Chantasasawat, K.C. Fung, Hitomi Iizaka and Alan Siu
Regime-Dependent Synchronization of Growth Cycles between Japan and East Asia pp. 147-176: Eric Girardin
Regional Versus Global Risk Sharing in East Asia pp. 182-201: Soyoung Kim, Sunghyun Kim and Yunjong Wang

Famine and Reform in North Korea pp. 1-40: Marcus Noland
Deciphering the Message in Japanese Deflation Dynamics pp. 49-70: Paul McNelis and Naoyuki Yoshino
Multilateral Trade Negotiations in the GATT and the WTO: Lessons for Asia pp. 79-96: K.C. Fung, Hitomi Iizaka, Chelsea Lin and Francis Ng
Liberalization of the Agricultural Sector in Northeast Asia: The Effects of the Doha Development Agenda pp. 99-122: In Soo Kang and Yoocheul Song
The Post-reform Performance of the Manufacturing Sector in India pp. 126-157: Kaliappa Kalirajan and Shashanka Bhide
Economic Growth and Employment Growth in China (1978-2001) pp. 166-176: Angang Hu
Toward Developing Regional Bond Markets in East Asia pp. 183-209: Daekeun Park and Yung Chul Park

Financial Sector Restructuring in South Korea: Accomplishments and Unfinished Agenda pp. 1-21: Choong Yong Ahn and Baekin Cha
Overcoming Chinese Monetary Division and External Anchoring in East Asia pp. 27-54: George von Furstenberg and Jianjun Wei
The Short-Term Impact of SARS on the Chinese Economy pp. 57-61: Wen Hai, Zhong Zhao, Jian Wang and Zhen-Gang Hou
Economic Impact of SARS: The Case of Hong Kong pp. 62-83: Alan Siu and Y. C. Richard Wong
Potential Impacts of the SARS Outbreak on Taiwan's Economy pp. 84-99: Ji Chou, Nai-Fong Kuo and Su-Ling Peng
The Impact of SARS on Asian Economies pp. 102-112: Donald Hanna and Yiping Huang
Globalization and Disease: The Case of SARS pp. 113-131: Jong-Wha Lee and Warwick McKibbin