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This paper shows that many Asia-Pacific firms are significantly exposed to foreign exchange risk. Their exposure appears to be much more widespread than is typical for the large, western industrialized economies. The paper also shows that exchange rate pegs appear to do little to alleviate this...
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The Asian region has become inhabited by few rising powers since late 20th century, triggering the debate on multipolarity and power transition in the region. On the one hand, shared historical past and sociocultural background may provide point of convergence and strengthen the existing stable...
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It is generally acknowledge that a higher degree of party and party system institutionalisation is positively correlated with the consolidation of democracy. It is, thus, useful to compare different levels and types of insititutionalisation. In this article the distinction made by Levitsky...
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