Sri Lanka defaulted on repayment of its external public debt in April-May 2022 for the first time in its history and was the first Asian country to do so in the past quarter century. This Working Paper provides an incisive account of the repeated blunders made by successive Governors as well as...

After decades of declining profitability, China's industrial state-owned enterprises appear to be obsolete. This book utilizes extensive data and qualitative as well as quantitative analyses to examine the reasons for the decline in the profitability of these industrial state-owned enterprises,...

1992 wird das reale Bruttosozialprodukt um 2 bis 2,5% zunehmen. Da man in Japan an Wachstumsraten von über 4% gewöhnt ist, wird eine solche Abschwächung mit Rezession gleichgesetzt, und Regierung und Notenbank haben auch bereits konjunkturstimulierende Maßnahmen ergriffen. 1993 kann mit...