Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the … 1930s. South Korea, among the world's poorest countries in the 1960s, joined the ranks of First World economies in little … over a single generation. China now seems poised to follow a similar trajectory. All three cases highlight the importance …

that is lower than that of other countries ranges from 2-15%, with Japan having the tightest standard and the United States … and China the loosest. The fraction of grants that are inconsistent with the office's own standard ranges from 2-6 per …

prices of East Asian economies including China, Japan, Hong Kong, South Korea, and Taiwan. We find significant and positive …

This paper characterizes the capital flows in Asia before and after the Asian currency crisis of 1997. Differences in … factors to the role of capital flows in the currency crises in different countries, especially Thailand, Indonesia, and Korea …

To American and European economists in 1945, the countries of Asia were unpromising candidates for high economic growth … Asia experienced vigorous economic growth, some with growth rates far exceeding the previous growth rates of the … economic growth would falter, proved to be incorrect. Growth rates will probably continue at high levels in Southeast Asia for …

. The fact that Korea and Thailand recovered in parallel has been interpreted as suggesting that capital controls did not … summer of 1998, while it had significantly eased up in Korea and Thailand. We employ a time-shifted differences …

leading to severe banking crisis in Japan; 2) The foreign reserves' meltdown triggered by foreign hot money flight from frothy …

the yen's status as an only fully convertible currency in Asia, two patterns stand out as puzzling features of an … exports to advanced countries, and second, the prevalence of US dollar invoicing in Japanese exports to East Asia even though … Japanese firms grew; and (2) the production/trade structure of Japanese electronics companies in Asia in which final products …

evidence that Japan exported low quality manufactured goods to new, low-income destinations. Instead, reductions in trade costs … helped Japan augment market share. Exit is relatively rare but appears to be determined by market-specific demand …

the Eurozone economies, the US, and developing Asia showing relatively weak home bias and advanced Asia, especially Japan … capital has been flowing from the US and the Eurozone economies to both advanced Asia (especially Japan) and developing Asia … reasons. The main reason in the case of advanced Asia (especially Japan) appears to be higher risk-adjusted returns, whereas …