The post-Kim Jong Il situation on the Korean Peninsula remains tense. This year will be a critical year for the peninsula. Will the new North Korean leadership be successfully stabilized or not? The upcoming presidential election in South Korea will have a great impact on the security situation...

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is internationally accepted best practice that debt management should be disaggregated from monetary...

The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separation between debt management and monetary operations within RBI. This first step initiating the...

An attempt is made to identify the determinants of yield spreads between the State and Central government securities in a panel data framework as has been used in several cross-country studies. This study examines the potential impact of fiscal as well as market related factors on the yield...

The paper discusses the impacts of free-trade policy on the agricultural exports of Kerala.

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a selective survey of the recent empirical literature on financial integration, the focus being on...

The production of machine tools has long been associated with industrialisation besides a formidable factor of technical change and international competitiveness. This potent role of machine tool industry was amply recognised by several countries. As a consequence, they framed policies to...

Much of development policy is geared toward increasing investment and creating the conditions that allow private capital flows to take the place of development assistance. The renowned development success stories—Taiwan, South Korea, Eastern Europe, Costa Rica, and China—have all...

With the two leaders of Japan and South Korea having failed to hold an official meeting between them since coming to office, historical issues remain a thorn in the the betterment of Japanese-South Korean relations. There continue to be anti- Korean ultra-nationalist protests in Japan while...

Spot fire disputes have sparked across Asia, with the winds of nationalism spurring them on. If one flares up it could ignite a region. Escalating tensions should have mediators vigilant and with pails of water at the ready. With tensions escalating rapidly in Asia’s territorial disputes,...