The remarkable economic growth of Asia has been the defining feature of the second half of this century. This book offers a comprehensive overview of the scientific, technological and economic factors which enabled Asia to make such a strong comeback after centuries of oppression. This...

This paper examines whether increasing trade intensity among East Asian countries has led to a synchronization of business cycles. It extends the work of Shin and Wang (2004) in two ways: by (i) improving the specification of their business cycle correlation equation, and (ii) extending the...