Asian Economic Papers

2002 - 2025

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

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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

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