This paper analyzes trade deficits from a law and economics perspective. The author concludes that trade deficits are the result of faulty accounting and that economic policy should not be influenced by the presence or extent of a trade deficit because the balance of trade figure is an...

This study examines whether and how the implementation of International Public Sector Accounting Standards (IPSAS) affects economic policy uncertainty. The study further explores how political stability, regulatory quality, government effectiveness, and the level of country development moderate...

Terutomo Ozawa examines Japan's once celebrated post-war economic success from a new perspective. He applies a "flying geese" model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies

Terutomo Ozawa examines Japan's once celebrated post-war economic success from a new perspective. He applies a 'flying geese' model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies