As a result of the emergence of the G20 as the self-appointed premier forum for international economic cooperation, Asia's expanded participation in G-summitry has attracted considerable attention. As original G7 member Japan is joined by Australia, China, Indonesia, India and South Korea, this...

Most proposals for Asian monetary cooperation assign a special role to the Japanese yen as an anchor currency. We focus instead on the potential role of the Chinese renminbi. It becomes increasingly clear that China will assume the role of the dominant economy in the region, and that it will...

This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities. The paper draws a comprehensive picture of driving forces by including firm capabilities, characteristics of the firm’s competitive environment and the influence of...

Die Staaten der Welt haben auf die Terroranschläge des 11. September 2001 und die nachfolgenden Militärschläge gegen Afghanistan unterschiedlich reagiert. In der Region Ost- und Südostasien waren die Staaten je nach Position im Gefüge der internationalen Beziehungen und je nach innerer...

Medical expenditure risk can pose a major threat to living standards. We derive decomposable measures of catastrophic medical expenditure risk from reference-dependent utility with loss aversion. We propose a quantile regression based method of estimating risk exposure from cross-section data...