economies, this paper explores a number of regulatory reforms that would alter the balance between seeking to avoid insolvency … and lowering the costs of insolvency should it occur. In particular it considers whether a lex specialis for dealing with …

This paper examines the determinants of the rate of forced insolvency in New Zealand. The study incorporates two key … variety of economic experiences over the sample period (1988–2003). Second, we explain the total rate of forced insolvency in …

deficit or cyclically adjusted budget deficits is misleading in the case of China, since a lot of what usually would be …-cyclical in China over the past two decades. …

This paper calculates a unit labor-cost based real effective exchange rate for China for the period 1987-2002. It …

This article discusses the probability of growth of neoliberalism in modern China and its implications for Chinese … constitutionalism. A China polity under the vision of a neo-liberal regime engenders problems of prescribing a legal system and … historicity of Western liberalism and China's ontological base in tradition, being Confucianism. The historic excesses and abuses …

In this paper we apply a simple macro model to explore and evaluate certain optimal monetary policy rules for China …'s economy. To be more consistent with the central bank (the People's Bank of China)'s behaviour, we use money supply as a …