This is the first study to apply the Kalman filter analysis based on state space modelling to test for the existence of the uncovered interest parity (UIP) condition and simulate the risk premium between the pegged currencies of Nepal and India. We find significant evidence that the UIP...

This book provides a much-needed review of Asia’s economic growth and its challenges in the context of post-war industrialization. In the early 1990s, the World Bank (1993) recognized eight high-performing Asian economies (HPAEs) (Japan, the Asian tigers, Indonesia, Malaysia and Thailand) and...

1. Introduction -- 2. The Dutch disease and economic diversification – should the approach by developing countries be different -- 3. Dutch disease hypothesis and non-resource sector firms -- 4. Trade Facilitation in South Asia: Landlocked Countries’ Perspective -- 5. The Determinants of FDI...

1. Patterns and Trends of Urbanization and Urban Growth in Asia -- 2. Examining the interdependencies between urbanization, internal migration, urban poverty and inequality: Evidence from Indonesia -- 3. Rural–urban migration, urban poverty, inequality and urbanization in the People’s...

This article surveys research on the performance of Export Processing Zones (EPZs) using a benefit-cost analytical framework. Results suggest that zones in South Korea, Malaysia, Sri Lanka, China and Indonesia are economically efficient and generate returns well above estimated opportunity...

This paper briefly describes the major reforms to Australian trade policy over the last 30 years and then explores whether these reforms have increased manufactured exports across 141 manufacturing branches over the period 1989/90 to 2000/01. We find that the declining level of protection over...

This paper documents differences in the levels and growth rates of manufactured exports across the Australian states and territories over the period 1989/90 - 2000/01 and then re-interprets these differences using shift-share analysis. Our results suggest that the relative changes in state...