Asian Economic Papers

2002 - 2025

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

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Trade Integration and Business Cycle Synchronization in East Asia pp. 1-20: Kwanho Shin and Yunjong Wang
How Do Global Credit-Rating Agencies Rate Firms from Developing Countries? pp. 30-56: Giovanni Ferri and Li-Gang Liu
The Stabilization of an Open Economy with Capital Controls: An Analysis Using Malaysian Data pp. 63-83: Naoyuki Yoshino, Sahoko Kaji and Yoko Ibuka
On Alternatives to Aggressive Demand Policies to Revitalize the Japanese Economy pp. 87-126: Kiyohiko G. Nishimura and Makoto Saito
Managing Indonesia's Debt pp. 128-154: Tubagus Feridhanusetyawan and Mari Pangestu

The Consequences of China's WTO Accession for Its Neighbors pp. 1-38: Warwick McKibbin and Wing Woo
Malaysia's Response to the China Challenge pp. 46-73: Zainal Aznam Yusof
Will Taiwan Be Marginalized by China? pp. 78-97: Tain-Jy Chen
Is "China Fear" Warranted? Perspectives from Japan's Trade and Investment Relationships with China pp. 106-131: Shigeyuki Abe
Regionalism and Free Trade Agreements in East Asia pp. 145-180: Inkyo Cheong

What to Do with the Chiang Mai Initiative pp. 1-49: Barry Eichengreen
Financial Markets, Institutions, and Integration in East Asia pp. 53-80: Gordon de Brouwer
Can Information and Communication Technology Solve Japan's Productivity Slowdown Problem? pp. 85-136: Kiyohiko G. Nishimura and Masato Shirai
China's Nonperforming Loans and National Comprehensive Liability pp. 145-152: Fan Gang
Thailand's Macroeconomic Policy after July 1997 pp. 158-168: Bhanupong Nidhiprabha
Improving Japan's Financial System, with Emphasis on Reforming the Postal Savings Business pp. 172-183: Yuri Okina

Taiwan's Experience in Switching Its Engines of Growth pp. 1-23: Sheng-Cheng Hu and Vei-Lin Chan
Understanding Regional Economic Growth in India pp. 32-62: Jeffrey D. Sachs, Nirupam Bajpai and Ananthi Ramiah
Understanding North Korea's Economic Crisis pp. 69-89: Deok Ryong Yoon and Bradley O. Babson
Structural Adjustment Program after Structural Adjustment Program, but Why Still No Development in the Philippines? pp. 90-119: Joseph Y. Lim and Manuel F. Montes
Financial Linkage in East Asian Countries since the East Asian Crisis pp. 122-147: Chae-Shick Chung and Chong Ook Rhee

Chaebol and Catastrophe: A New View of the Korean Business Groups and Their Role in the Financial Crisis pp. 1-45: Robert Feenstra, Gary G. Hamilton and Eun Mie Lim
Total Factor Productivity Growth in East Asia: Implications for the Future pp. 50-70: Jong-il Kim
What Would Have Happened in Indonesia if Different Economic Policies Had Been Implemented When the Crisis Started? pp. 75-103: Iwan Azis
The Current State of the Japanese Economy and Remedies pp. 110-126: Naoyuki Yoshino and Eisuke Sakakibara
Macroeconomic Policy in Japan pp. 133-165: Warwick McKibbin

Bank Restructuring in Post-Crisis Asia pp. 3-42: Don Hanna and Yiping Huang
Capital Controls in Malaysia: Effectiveness and Side Effects pp. 49-82: David Cook and Michael Devereux
What Kind of International Financial Architecture for an Integrated World Economy? pp. 91-128: Yung Chul Park and Yunjong Wang
Geography, Economic Policy, and Regional Development in China pp. 146-197: Sylvie Démurger, Jeffrey D. Sachs, Wing Woo, Shuming Bao, Gene Chang and Andrew Mellinger