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Since the summer of 1982 the banking community has been faced with an international debt crisis of unprecedented dimensions. The debt rescheduling agreements that have been negotiated since then involve sums totalling no less than $ 100 billion. However, they give the international financial...
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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.
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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 … economically dynamic East Asian and Pacific area. This article highlights, in particular, foreign investment coming from Eastern …
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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...
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article gives a structural description of the present state of Japanese direct investment in this region. …
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