Recently, the calls for closer monetary co-operation between the Asian NICs and Japan have been becoming louder. The following article discusses the pros and cons of pegging to the yen and compares them with those of a basket peg.

During the 1980s foreign direct investment (FDI) expanded remarkably. Simultaneously, the regional structure of foreign direct investment changed. This relationship is discernible among industrial countries, as well as between industrial and developing countries. Of particular importance is the...

The newly industrialising countries (NICs) in the East Asian region are beginning to be faced with serious problems: problems involved not only in moving from an easy phase of import substitution to a more difficult second stage, but also in progressing from the first to the second more...

Japan's direct investments have become an important factor in the economic reality of South East Asia. The following article gives a structural description of the present state of Japanese direct investment in this region.

Practically all the governments of countries in South East Asia have observed with close attention, and in some cases with deep mistrust and concern, recent developments of Japan’s foreign and foreign trade policies. Memories of the Imperlalist period of the Japanese Empire are still...

Analysts broadly agree on the causes of recent crises in East Asia. Nevertheless, deep controversy exists on appropriate therapy. Especially the International Monetary Fund is under attack. The way of dealing with financial turbulence may have important repercussions on countries within and...

Since the summer of 1997, the East Asian "tiger" nations have suffered an unprecedented bout of weakness, plunging what had been vigorously expanding economies into a deep crisis. A number of domestic economic problems joined forces with turbulence on the foreign exchanges to generate a crisis...