The aim of this paper is to provide a Post-Keynesian view to economic theory as an alternative to traditional theory …. Keynesian economics consists of an approach to economics derived mainly from the work of Keynes. It is grounded on the fields of … explained and resolved by mainstream theory. We wish not in this paper to contradict the conventional with Keynesian and Post-Keynesian …

The Keynesian analysis of financial instability as developed by Hyman Minsky provides considerable insights into …

significantly since the 1997/98 Asian financial crisis. However, emerging Asia's local currency bond markets remain generally …

borderless. This paper assesses the progress achieved thus far in capital market integration in Asia, and compares regional … that while the pace of regional integration of financial markets in Asia's emerging economies has accelerated in recent …-market returns driven by financial turmoil originating at both the regional and global levels spills over into emerging Asia domestic …

The issue of decoupling is controversial. On the back of Asia's sustained high growth, the hypothesis that the region …'s business cycles would become increasingly independent of the global trend gained considerable attention. Asia was nonetheless … of macroeconomic interdependence between emerging East Asia and Group of 3 economies. First, the progress of regional …