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  • Document

    Monetary policy and exchange market pressure: can monetary policy stabilize the exchange rate?

    College of Business Administration, University of the Philippines, 2002
    This paper examines whether contractionary monetary policy reduced or increased exchange market pressure (EMP) in the Philippines in the 1990s. It addresses two questions: (i) how can the stance of monetary policy be modeled appropriately?
  • Document

    Boom-bust cycles and crisis periods in the Philippines: a regime-switching analysis

    College of Business Administration, University of the Philippines, 2000
    This study attempts to analyse economic growth and macroeconomic fluctuations (the boom-bust cycles) in the Philippines.The Philippine economy has been characterized by boom and bust cycles.
  • Document

    Vietnam's economy: the weaknesses, policy responses and obstacles to a second wave of reforms

    Foundation for Advanced Studies on International Development, 2000
    This paper focuses on the weaknesses and vulnerabilities of Vietnam's economy and analyses the obstacles to the much-needed second wave of reforms.The paper finds that with the potential benefits of past reforms nearly exhausted and the structural weaknesses and vulnerabilities of Vietnams economy which became evident during the East Asian crisis, there is an urgent need for a second round of r
  • Document

    The sustainability of the current account deficit and external debt in Vietnam

    Institute of Southeast Asian Studies, 2001
    The objective of this study is to examine Vietnams current account deficit and external debt sustainability in the 1990s, and the period 2001-10.The study finds that: During 1989-99, the current account deficit and external debt of Vietnam were sustainable. In general, imports were substantially restrained in comparison with the levels it could have reached, except for the year 1996
  • Document

    The "twin cities" and the East Asian crisis: Hong Kong, Singapore and trade spillovers

    Centre for International Economic Studies, School of Economics of the University of Adelaide, 2000
    This paper examines the importance of trade spillovers in transmitting the regional crisis from the five most affected countries (Indonesia, Malaysia, the Philippines, Korea and Thailand) to Hong Kong and Singapore.Hong Kong and Singapore are considered twin cities given their similarities in structure, size, and as financial centres and commercial hubs.
  • Document

    Can Malaysian manufacturing compete with China in the WTO?

    United Nations Economic and Social Commission for Asia and the Pacific, 2001
    This study assesses the implications of China's accession to the World Trade Organization (WTO) on Malaysian manufacturing exports.The paper argues that: Malaysia will experience a decline in its export share of labor intensive products. In the short term, Malaysia has a relatively high comparative advantage in high technology products, and Japanese Direct Investment (JDI) remains c
  • Document

    Zhongguancun Science Park: a SWOT analysis

    Institute of Southeast Asian Studies, 2001
    This paper assess the relative strengths and weaknesses of Zhongguancun Science Park (ZSP) in China.The park, established in May 1998, was the first and is also the largest Science Park in China.
  • Document

    Restructuring and the role of international financial institutions: a Korean view

    Korea Institute for International Economic Policy, 2001
    This paper examines the role of international financial institutions (IFIs) based on Koreas experience of restructuring and crisis management.An analysis of the Korean experience indicates that structural defects in the financial and corporate sectors played a major role in the crisis.
  • Document

    Job security and flexibility in Korea

    Korean Labor Institute, Korea, 2002
    The paper reviews post-crisis changes in job security regulations, labor market flexibility and labor market policies in Korea.
  • Document

    Entry, exit and aggregate productivity growth: micro evidence on Korean manufacturing

    Organisation for Economic Co-operation and Development, 2000
    Using the plant level panel data on Korean manufacturing during the 1990-98 period, this study assesses the role of entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively.The main findings of this study are: Plant entry and exit rates in Korean manufacturing seem quite high: they are higher than in the U.S or several developing countries for which comp

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