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  • 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

    Regulatory reforms in the Asia-Pacific region: a preliminary study

    Institute of Southeast Asian Studies, 2001
    This paper studies regulatory reforms for ensuring financial stability in the Asia-Pacific region.
  • 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

    Searching for an appropriate exchange rate regime

    Korea Institute for International Economic Policy, 2001
    This paper surveys the debates on which exchange rate is most suitable for emerging market economies.Most East Asian economies prior to the crisis followed a soft peg exchange rate system.
  • Document

    Reform of the international financial system and institutions in the light of the Asian financial crisis

    Korea Institute for International Economic Policy, 2000
    This paper investigates the financial reforms initiated in the light of the Asian crisis. The liberalization of the financial sector without first establishing an adequate system of financial supervision and surveillance was considered to be a major factor leading to the crisis.
  • 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

    Searching for a better regional surveillance mechanism in East Asia

    Korea Institute for International Economic Policy, 2002
    This paper critically reviews existing surveillance mechanisms for financial cooperation, and explores measures to strengthen the surveillance process through regional policy dialogue.While the East Asian crisis underscored the need for regional cooperation, currently, only shallow forms of financial cooperation (comprising a common international reserve pooling or mutual credit arrangement) ex

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