type="main" <p>Financial safety nets in Asia have come a long way since the Asian financial crisis (AFC) of 1997/1998. With Asian countries not wanting to rely solely on the IMF again, the Chiang Mai Initiative (CMI) was created in 2000. When the CMI also proved inadequate following the global...</p>

This paper tests industry-specific hypotheses of the determinants of intraindustry trade in the context of Australia-U.K. trade. In doing so, it separates intraindustry trade (IIT) into IIT in horizontally differentiated products and IIT in vertically differentiated products. It finds that the...

This paper examines the role that macroeconomic policy has played in the Malaysian development experience. Given the multiracial nature of Malaysian society, macroeconomic policy has not only been about economic stabilization, but also about addressing income disparities along racial lines in...

type="main" xml:id="twec12203-abs-0001" <title type="main">Abstract</title> <p>Most studies worldwide, and all on East Asia on the impact of free trade agreements (FTAs), have assumed full utilisation of preferences. The evidence suggests that this assumption is seriously in error, with the estimated uptake particularly low...</p>

This is an important and timely volume: important because ASEAN is an increasingly significant and influential regional and global actor; and timely because, as the 2015 ASEAN Economic Community target approaches, what is needed is a sympathetic yet arms-length survey of the issues and...