This book contends that the East Asian financial constitution lacks an appropriate infrastructure, resulting in inefficient allocation of high savings and an over-inflated short-term debt market. It goes on to point out that despite high savings, East Asia’s dependency on financial centers...

This book brings together studies conducted by researchers in East Asian countries who seek to better understand the impact of China’s rise and the consequent policy challenges.

The economics of international investment is an area in which many important theoretical and empirical contributions have been made over recent years. This volume draws together a series of original new essays which reflect and refine developments in the concepts, theories and tools of analysis...