Through the 1990s China was widely and often held up as a paragon of economic policy reform driven growth and an example for others to follow. We in India were not immune to the temptation to do the same. There is no doubt that China has lessons that India and many other countries can learn,...

India is a success story of economic reforms. Because of its vast size, it also provides a good example of having a wide network of research institutes, and effective linkages between development research, policy planning and outcome. Country case study on India makes a critical appraisal of...

We search for evidence of conditional volatility in the quarterly real GDP growth rates of three East Asian tigers : Singapore, Hong Kong and Taiwan. The widely accepted exponential GARCH-type model is used to capture the existence of asymmetric volatility and the potential structural break...

Professor Justin Yifu Lin presented his ideas on approaches to development and transition at a distinguished speaker seminar on 5 December 2007. The seminar explored the reasons underlying both the dynamic economic growth of some countriessuch as Japan, newly industrialized economies (NIEs) in...

Chinese economy has been in a state of external imbalance and internal imbalance for some years, which certainly has something to do with the undervaluation of renminbi (RMB). But Chinese Government hesitates to revalue RMB because of the worry that RMB revaluations are contractionary thus have...

Over the last 20 years of Doimoi (renovation) reform policy in Vietnam, private sector has significantly contributed to the outstanding success of the economy. The rapid development of this sector has been resulted from the opening -up economic policy pursued by Vietnamese government and...

The market oriented economic reform direction has been officially affirmed since the VI Congress of the Vietnamese Communist Party (1986) with the approval of the economic reform plan towards doi moi. This direction was then legalized in the Constitution (1992) and further developed in official...

For about twenty years of Doi Moi with the transition to a market based economy, oriented to socialism and consistent realization of multi-sector economic development policies in Vietnam, SMEs have witnessed significant steps in their development, increased very fast in terms of number. It can...