Over the past two decades, considerable interest has grown in high growth firms (HGFs). However, the concept of HGFs still remains controversial. One of the most controversial issues is size and age of these firms. The present study argues that the current literature on HGFs may offer little...

Two policy decisions motivated this paper. One, a Japanese Government policy to increase the number of visitors to Japan by 30 million; and the other, growing India- Japan relations where emphasizes on ‘People to People Exchange’ is increasingly gaining significance. While conducting...

The present study re-examines the effects of remittances on growth of GDP per capita using annual panel data for 24 Asia and Pacific countries. The results generally confirm that remittance flows have been beneficial to economic growth. However, our analysis also shows that the volatility of...

Aunque el desarrollo económico de Japón posguerra ha sido un resultado complicado de varias causas, se podrá prestar una atención especial a las políticas industriales, las cuales se han considerado como uno de los factores esenciales del éxito económico logrado. En este documento se...

This paper examines the effects of structural changes in financial system on corporate finance and governance in Japan, and discusses the future directions. The primary purpose of the study is twofold: to identify important features of changes in financial system in Japan and their effects on...

Regional integration such as NAFTA, MERCOSUR and FTAA have been flourishing in Latin American countries in the 1990s. In addition to these multi-countries FTAs, many bilateral FTAs have also emerged both among Latin American countries and between them and extra-regional countries. The purpose of...

Various arrangements in vertical relationships have evolved in different countries to attain efficient trading relationships. Vertical relationships in Japan can be identified to have distinctive characteristics in several aspects compared with those in other countries. This study is a...

In the second half of the 1990s, many Asian and Latin American countries suffered from the currency crises. But the causes and processes of currency crisis are not necessarily the same, though there are many common aspects. The purpose of this paper is to compare the currency crises in both...

The theoretical literature on trade and foreign direct investment (FDI) indicates that they could be either substitutes or complements. The empirical evidence on U.S.-Japan and Asia-Pacific Economic Cooperation (APEC) countries suggests that trade and FDI exhibit a complementary relationship. In...

The present study re-examines the effects of remittances on growth of GDP per capita using annual panel data for 24 Asia and Pacific countries. The results generally confirm that remittance flows have been beneficial to economic growth. However, our analysis also shows that the volatility of...