In Japan, the per capita arable land area is small, the natural resources are short, and agricultural production has the typical characteristics of the peasant economy. Even if there are many unfavorable conditions, the level of agricultural modernization of Japan has exceeded that of many...

"This study discusses China's money supply management in its economic transition. Institutional analysis and empirical evidence suggest (i) the People's Bank of China is capable of conducting indirect monetary policy in the central banking system, (ii) integral financial reforms in the areas of...