Japan Center for Economic Research
Asian Economic Policy Review
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Editor: Takatoshi Ito
Editor: Akira Kojima
Editor: Colin McKenzie
Editor: Shujiro Urata
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Shujiro Urata
Colin Ross McKenzie
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2012, Volume 7, Issue 2
- 135-156 Fiscal Policy and Sovereign Debt: Editors' Overview
by Takatoshi Ito & Kazumasa Iwata & Colin Mckenzie & Shujiro Urata - 157-175 The Fall and Rise of K eynesian Fiscal Policy
by Alan J. Auerbach - 176-177 Comment on “The Fall and Rise of K eynesian Fiscal Policy”
by Mitsuhiro Fukao - 178-179 Comment on “The Fall and Rise of K eynesian Fiscal Policy”
by Hiroshi Yoshikawa - 180-197 Fiscal Challenges in the E uro Zone
by José Manuel Campa - 198-199 Comment on “Fiscal Challenges in the Euro Zone”
by Sahoko Kaji - 200-201 Comment on “Fiscal Challenges in the E uro Zone”
by Kazuo Ueda - 202-220 Fiscal Prudence and Growth Sustainability: An Analysis of C hina's Public Debts
by Gang Fan & Yan Lv - 221-222 Comment on “Fiscal Prudence and Growth Sustainability: An Analysis of C hina's Public Debts”
by Chi Hung Kwan - 223-224 Comment on “Fiscal Prudence and Growth Sustainability: An Analysis of C hina's Public Debts”
by Jiro Naito - 225-226 Comment on “Fiscal Prudence and Growth Sustainability: An Analysis of C hina's Public Debts”
by Osamu Tanaka - 227-243 Estimating Non- Keynesian Effects for J apan
by Keigo Kameda - 244-245 Comment on “Estimating Non- Keynesian Effects for J apan”
by Kazumasa Iwata - 246-247 Comment on “Estimating Non- Keynesian Effects for J apan”
by Naoyuki Yoshino - 248-269 Global Financial Crisis and ASEAN : Fiscal Policy Response in the Case of T hailand and I ndonesia
by Kanit Sangsubhan & M. Chatib Basri - 270-271 Comment on “Global Financial Crisis and ASEAN : Fiscal Policy Response in the Case of T hailand and I ndonesia”
by Yoichi Nemoto - 272-273 Comment on “Global Financial Crisis and ASEAN : Fiscal Policy Response in the Case of T hailand and I ndonesia”
by Chalongphob Sussangkarn
2012, Volume 7, Issue 1
- 1-19 Korea in Transition: Editors' Overview
by Takatoshi ITO & Kazumasa IWATA & Colin MCKENZIE & Marcus NOLAND & Shujiro URATA - 20-42 Korea's Growth Performance: Past and Future
by Marcus NOLAND - 43-44 Comment on “Korea's Growth Performance: Past and Future”
by Jong-Wha LEE - 45-46 Comment on “Korea's Growth Performance: Past and Future”
by Mohamed ARIFF - 47-64 Lessons from the 1997 and the 2008 Crises in Korea
by Hangyong LEE & Changyong RHEE - 65-66 Comment on “Lessons from the 1997 and the 2008 Crises in Korea”
by Yukiko FUKAGAWA - 67-68 Comment on “Lessons from the 1997 and the 2008 Crises in Korea”
by Chalongphob SUSSANGKARN - 69-86 Chaebol and Industrial Policy in Korea
by Wonhyuk LIM - 87-88 Comment on “Chaebol and Industrial Policy in Korea”
by Tetsuji OKAZAKI - 89-90 Comment on “Chaebol and Industrial Policy in Korea”
by Hal HILL - 91-108 Meeting the Social Policy Challenges Facing Korea
by Randall S. JONES - 109-110 Comment on “Meeting the Social Policy Challenges Facing Korea”
by Muhammad Chatib BASRI - 111-112 Comment on “Meeting the Social Policy Challenges Facing Korea”
by Siow Yue CHIA - 113-129 Determinants of Labor Market Participation and Wages of North Korean Female Refugees in South Korea
by Shi-Eun YU & Byung-Yeon KIM & Woo-Taek JEON & Seung-Ho JUNG - 130-131 Comment on “Determinants of Labor Market Participation and Wages of North Korean Female Refugees in South Korea”
by Yukiko FUKAGAWA - 132-133 Comment on “Determinants of Labor Market Participation and Wages of North Korean Female Refugees in South Korea”
by Yongding YU
2011, Volume 6, Issue 2
- 157-175 Developments in Asian Finance: Editors' Overview
by Takatoshi ITO & Akira KOJIMA & Colin MCKENZIE & Shujiro URATA - 176-198 Financial Integration in Emerging Asia: Challenges and Prospects
by Cyn‐Young PARK & Jong‐Wha LEE - 199-200 Comment on “Financial Integration in Emerging Asia: Challenges and Prospects”
by Kazumasa IWATA - 201-202 Comment on “Financial Integration in Emerging Asia: Challenges and Prospects”
by Shujiro URATA - 203-220 Chiang Mai Initiative Multilateralization: Origin, Development, and Outlook
by Chalongphob SUSSANGKARN - 221-222 Comment on “Chiang Mai Initiative Multilateralization: Origin, Development, and Outlook”
by Masatsugu ASAKAWA - 223-224 Comment on “Chiang Mai Initiative Multilateralization: Origin, Development, and Outlook”
by Yongding YU - 225-244 Changes in Development Finance in Asia: Trends, Challenges, and Policy Implications
by Toshiro NISHIZAWA - 245-246 Comment on “Changes in Development Finance in Asia: Trends, Challenges, and Policy Implications”
by Peter J. MORGAN - 247-248 Comment on “Changes in Development Finance in Asia: Trends, Challenges, and Policy Implications”
by Fumiharu MIENO - 249-268 Are Asian Sovereign Wealth Funds Different?
by Edwin M. TRUMAN - 269-270 Comment on “Are Asian Sovereign Wealth Funds Different?”
by Siow Yue CHIA - 271-272 Comment on “Are Asian Sovereign Wealth Funds Different?”
by Andrew ROZANOV - 273-296 If the Banks are Doing So Well, Why Can't I Get a Loan? Regulatory Constraints to Financial Inclusion in Indonesia
by Jay K. ROSENGARD & A. PRASETYANTOKO - 297-298 Comment on “If the Banks are Doing So Well, Why Can't I Get a Loan? Regulatory Constraints to Financial Inclusion in Indonesia”
by Seiro ITO - 299-300 Comment on “If the Banks are Doing So Well, Why Can't I Get a Loan? Regulatory Constraints to Financial Inclusion in Indonesia”
by Hal HILL - 301-319 Islamic Banking in Malaysia: Unchartered Waters
by Mohamed ARIFF & Saiful Azhar ROSLY - 320-321 Comment on “Islamic Banking in Malaysia: Unchartered Waters”
by Miki HAMADA - 322-323 Comment on “Islamic Banking in Malaysia: Unchartered Waters”
by Muhammad Chatib BASRI
2011, Volume 6, Issue 1
- 1-21 ASEAN Economy: Diversity, Disparities, and Dynamics: Editors' Overview
by Takatoshi ITO & Akira KOJIMA & Colin MCKENZIE & Shujiro URATA - 22-38 Politics of Association of Southeast Asian Nations Economic Cooperation
by Rodolfo C. SEVERINO - 39-40 Comment on “Politics of Association of Southeast Asian Nations Economic Cooperation”
by Mohamed ARIFF - 41-42 Comment on “Politics of Association of Southeast Asian Nations Economic Cooperation”
by Takashi TERADA - 43-63 Association of Southeast Asian Nations Economic Integration: Developments and Challenges
by Siow Yue CHIA - 64-65 Comment on “Association of Southeast Asian Nations Economic Integration: Developments and Challenges”
by Hal HILL - 66-67 Comment on “Association of Southeast Asian Nations Economic Integration: Developments and Challenges”
by Shujiro URATA - 68-85 Thailand after 1997
by Siamwalla AMMAR - 86-87 Comment on “Thailand after 1997”
by Takatoshi ITO - 88-89 Comment on “Thailand after 1997”
by Worapot MANUPIPATPONG - 90-107 Indonesian Growth Dynamics
by M. Chatib BASRI & Hal HILL - 108-109 Comment on “Indonesian Growth Dynamics”
by Yuri SATO - 110-111 Comment on “Indonesian Growth Dynamics”
by Chalongphob SUSSANGKARN - 112-131 Revisiting Exports and Foreign Direct Investment in Vietnam
by Vo Tri THANH & Nguyen Anh DUONG - 132-133 Comment on “Revisiting Exports and Foreign Direct Investment in Vietnam”
by Van Tho TRAN - 134-135 Comment on “Revisiting Exports and Foreign Direct Investment in Vietnam”
by Kenichi OHNO - 136-153 Fundamentals of Myanmar's Macroeconomy: A Political Economy Perspective
by Sean TURNELL - 154-155 Comment on “Fundamentals of Myanmar's Macroeconomy: A Political Economy Perspective”
by Marcus NOLAND
2010, Volume 5, Issue 2
- 135-156 Asia Reshaping the Global Economic Order: Editors' Overview
by Takatoshi ITO & Akira KOJIMA & Colin MCKENZIE & Shujiro URATA - 157-173 International and Regional Cooperation: Asia's Role and Responsibilities
by Peter DRYSDALE & Shiro ARMSTRONG - 174-175 Comment on “International and Regional Cooperation: Asia's Role and Responsibilities”
by Mohamed ARIFF - 176-177 Comment on “International and Regional Cooperation: Asia's Role and Responsibilities”
by Chalongphob SUSSANGKARN - 178-193 Asia and the Reform of Global Governance
by Miles KAHLER - 194-195 Comment on “Asia and the Reform of Global Governance”
by Hal HILL - 196-197 Comment on “Asia and the Reform of Global Governance”
by Yoshinobu YAMAMOTO - 198-216 Global Imbalances and the Financial Crisis: Reassessing the Role of International Finance
by Claudio BORIO & Piti DISYATAT - 217-218 Comment on “Global Imbalances and the Financial Crisis: Reassessing the Role of International Finance”
by Mitsuhiro FUKAO - 219-220 Comment on “Global Imbalances and the Financial Crisis: Reassessing the Role of International Finance”
by Kazuo UEDA - 221-244 Financial Crisis, “New” Industrial Policy, and the Bite of Multilateral Trade Rules
by Vinod K. AGGARWAL & Simon J. EVENETT - 245-246 Comment on “Financial Crisis, ‘New’ Industrial Policy, and the Bite of Multilateral Trade Rules”
by Siow Yue CHIA - 247-248 Comment on “Financial Crisis, ‘New’ Industrial Policy, and the Bite of Multilateral Trade Rules”
by Fukunari KIMURA - 249-276 China as Number One: How about the Renminbi?
by Takatoshi ITO - 277-278 Comment on “China as Number One: How about the Renminbi?”
by Jong‐Wha LEE - 279-280 Comment on “China as Number One: How about the Renminbi?”
by Shinji TAKAGI - 281-295 Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion
by Yiping HUANG - 296-297 Comment on “Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion”
by Chi Hung KWAN - 298-299 Comment on “Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion”
by Long KE
2010, Volume 5, Issue 1
- 1-18 The Environment and Climate Change: Editors' Overview
by Takatoshi ITO & Akira KOJIMA & Colin MCKENZIE & Shujiro URATA - 19-33 Policy Framework for Transition to a Low-Carbon World Economy
by Ross GARNAUT - 34-36 Comment on "Policy Framework for Transition to a Low-Carbon World Economy"
by Marcus NOLAND - 37-38 Comment on "Policy Framework for Transition to a Low-Carbon World Economy"
by Mitsuhiro FUKAO - 39-58 Reaching a Global Agreement on Climate Change: What are the Obstacles?
by Gary Clyde HUFBAUER & Jisun KIM - 59-60 Comment on "Reaching a Global Agreement on Climate Change: What are the Obstacles?"
by Hal HILL - 61-62 Comment on "Reaching a Global Agreement on Climate Change: What are the Obstacles?"
by Euston QUAH - 63-83 Climate Change Policy Options for Asian Economies: Findings from an Integrated Assessment Model
by Dominique VAN DER MENSBRUGGHE - 84-85 Comment on "Climate Change Policy Options for Asian Economies: Findings from an Integrated Assessment Model"
by Hiro LEE - 86-87 Comment on "Climate Change Policy Options for Asian Economies: Findings from an Integrated Assessment Model"
by Hidenori NIIZAWA - 88-105 Multi-level Governance and Global Climate Change in East Asia
by Miranda A. SCHREURS - 106-107 Comment on "Multi-level Governance and Global Climate Change in East Asia"
by Eiji HOSODA - 108-109 Comment on "Multi-level Governance and Global Climate Change in East Asia"
by Yasuko KAMEYAMA - 110-129 Reconciling Economic Growth and Carbon Mitigation: Challenges and Policy Options in China
by Jing CAO - 130-131 Comment on "Reconciling Economic Growth and Carbon Mitigation: Challenges and Policy Options in China"
by Yongding YU - 132-133 Comment on "Reconciling Economic Growth and Carbon Mitigation: Challenges and Policy Options in China"
by Akihisa MORI
2009, Volume 4, Issue 2
- 163-180 The United States and East Asia: Editors' Overview
by Takatoshi ITO & Akira KOJIMA & Colin MCKENZIE & Marcus NOLAND & Shujiro URATA - 181-199 American Economic Relations with Asia
by Marcus NOLAND - 200-201 Comment on "American Economic Relations with Asia"
by Hadi SOESASTRO - 202-203 Comment on "American Economic Relations with Asia"
by Soogil YOUNG - 204-222 US Credit Crisis and Spillovers to Asia
by Morris GOLDSTEIN & Daniel XIE - 223-224 Comment on "US Credit Crisis and Spillovers to Asia"
by Chalongphob SUSSANGKARN - 225-226 Comment on "US Credit Crisis and Spillovers to Asia"
by Yongding YU - 227-243 Politics of Trade in the USA and in the Obama Administration: Implications for Asian Regionalism
by Claude BARFIELD - 244-245 Comment on "Politics of Trade in the USA and in the Obama Administration: Implications for Asian Regionalism"
by Mohamed ARIFF - 246-247 Comment on "Politics of Trade in the USA and in the Obama Administration: Implications for Asian Regionalism"
by Siow Yue CHIA - 248-266 US Foreign Direct Investment in East Asia: Strategy and Policy Issues
by Mahani ZAINAL ABIDIN & Nor Izzatina ABDUL AZIZ - 267-268 Comment on "US Foreign Direct Investment in East Asia: Strategy and Policy Issues"
by Shujiro URATA - 269-270 Comment on "US Foreign Direct Investment in East Asia: Strategy and Policy Issues"
by Eric D. RAMSTETTER - 271-287 Window of Opportunity Opens: Asian and American Views of the International Economic Architecture
by Wendy DOBSON - 288-289 Comment on "Window of Opportunity Opens: Asian and American Views of the International Economic Architecture"
by Jong-Wha LEE - 290-291 Comment on "Window of Opportunity Opens: Asian and American Views of the International Economic Architecture"
by Peter DRYSDALE - 292-307 US and East Asian Security under the Obama Presidency: A Japanese Perspective
by Yoshihide SOEYA - 308-309 Comment on "US and East Asian Security under the Obama Presidency: A Japanese Perspective"
by Robert DUJARRIC - 310-311 Comment on "US and East Asian Security under the Obama Presidency: A Japanese Perspective"
by Kishore MAHBUBANI
2009, Volume 4, Issue 1
- 1-18 Editors' Overview
by Takatoshi ITO & Akira KOJIMA & Colin McKENZIE & Shujiro URATA - 19-38 Long-term Forecast of the Demographic Transition in Japan and Asia
by Takao KOMINE & Shigesaburo KABE - 39-42 Comment on "Long-term Forecast of the Demographic Transition in Japan and Asia"
by Naohiro OGAWA - 43-44 Comment on "Long-term Forecast of the Demographic Transition in Japan and Asia"
by Marcus NOLAND - 45-64 Demographic Change and Economic Growth in Asia
by David E. BLOOM & Jocelyn E. FINLAY - 65-66 Comment on "Demographic Change and Economic Growth in Asia"
by Hal HILL - 67-68 Comment on "Demographic Change and Economic Growth in Asia"
by Chalongphob SUSSANGKARN - 69-92 Aging, Asset Markets, and Asset Returns: A View From Europe to Asia
by Axel BÖRSCH-SUPAN & Alexander LUDWIG - 93-94 Comment on "Aging, Asset Markets, and Asset Returns: A View From Europe to Asia"
by Takatoshi ITO - 95-96 Comment on "Aging, Asset Markets, and Asset Returns: A View From Europe to Asia"
by Mitsuhiro Fukao - 97-116 How to Make the Japanese Public Pension System Reliable and Workable
by Noriyuki TAKAYAMA & Yukinobu KITAMURA - 117-118 Comment on "How to Make the Japanese Public Pension System Reliable and Workable"
by Naohiro YASHIRO - 119-120 Comment on "How to Make the Japanese Public Pension System Reliable and Workable"
by Worawan CHANDOEVWIT - 121-137 Ultrasonography and Sex Ratios in China
by Hongbin LI & Hui ZHENG - 138-139 Comment on "Ultrasonography and Sex Ratios in China"
by Francis T. Lui - 140-141 Comment on "Ultrasonography and Sex Ratios in China"
by Yongding YU - 142-157 Demographic Change and Asian Dynamics: Social and Political Implications
by Takashi INOGUCHI - 158-159 Comment on "Demographic Change and Asian Dynamics: Social and Political Implications"
by Siow Yue CHIA - 160-161 Comment on "Demographic Change and Asian Dynamics: Social and Political Implications"
by Takashi SHIRAISHI
2008, Volume 3, Issue 2
- 163-179 Editors' Overview
by Takatoshi ITO & Akira KOJIMA & Colin McKENZIE & Shujiro URATA - 180-204 Rapid Economic Growth: Contributing Factors and Challenges Ahead
by Isher Judge AHLUWALIA - 205-206 Comment on "Rapid Economic Growth: Contributing Factors and Challenges Ahead"
by Makoto KOJIMA - 207-208 Comment on "Rapid Economic Growth: Contributing Factors and Challenges Ahead"-super-1
by Jong-Wha LEE - 209-236 The Role of Fiscal and Monetary Policies in Sustaining Growth With Stability in India
by Rakesh MOHAN - 237-239 Comment on "The Role of Fiscal and Monetary Policies in Sustaining Growth With Stability in India"
by Takatoshi ITO - 240-241 Comment on "The Role of Fiscal and Monetary Policies in Sustaining Growth With Stability in India"
by Chalongphob SUSSANGKARN - 242-261 Internationalization of Indian Enterprises: Patterns, Strategies, Ownership Advantages, and Implications
by Nagesh KUMAR - 262-263 Comment on "Internationalization of Indian Enterprises: Patterns, Strategies, Ownership Advantages, and Implications"
by Eisuke SAKAKIBARA - 264-265 Comment on "Internationalization of Indian Enterprises: Patterns, Strategies, Ownership Advantages, and Implications"
by Shujiro URATA - 266-285 The Role of Trade and International Economic Policy in Indian Economic Performance
by Anne O. KRUEGER - 286-287 Comment on "The Role of Trade and International Economic Policy in Indian Economic Performance"
by Siow Yue CHIA - 288-289 Comment on "The Role of Trade and International Economic Policy in Indian Economic Performance"
by Marcus NOLAND - 290-310 Economic Reforms and Human Development Indicators in India
by Raghbendra JHA - 311-312 Comment on "Economic Reforms and Human Development Indicators in India"
by Hal HILL - 313-314 Comment on "Economic Reforms and Human Development Indicators in India"
by Takashi KUROSAKI - 315-331 The Political Economy of India's Economic Reforms
by Rahul MUKHERJI - 332-333 Comment on "The Political Economy of India's Economic Reforms"
by Suman BERY - 334-335 Comment on "The Political Economy of India's Economic Reforms"
by Hideki ESHO
2008, Volume 3, Issue 1
- 1-18 Editors' Overview
by Hal HILL & Takatoshi ITO & Akira KOJIMA & Colin McKENZIE & Shujiro URATA - 19-37 What's Not Converging? East Asia's Relative Performance in Income, Health, and Education
by Charles KENNY - 38-39 Comment on "What's Not Converging? East Asia's Relative Performance in Income, Health, and Education"
by Rana HASAN - 40-41 Comment on "What's Not Converging? East Asia's Relative Performance in Income, Health, and Education"
by Konosuke ODAKA - 42-61 Globalization, Inequality, and Local-level Dynamics: Indonesia and the Philippines
by Hal HILL - 62-63 Comment on "Globalization, Inequality, and Local-level Dynamics: Indonesia and the Philippines"
by Mario B. LAMBERTE - 64-66 Comment on "Globalization, Inequality, and Local-level Dynamics: Indonesia and the Philippines"
by Takahiro AKITA - 67-82 Shares of the Rich and the Rest in the World Economy: Income Divergence Between Nations, 1820-2030
by Angus MADDISON - 83-84 Comment on "Shares of the Rich and the Rest in the World Economy: Income Divergence Between Nations, 1820-2030"
by Marcus NOLAND - 85-86 Comment on "Shares of the Rich and the Rest in the World Economy: Income Divergence Between Nations, 1820-2030"
by Shujiro URATA - 87-109 Inequality in Japan
by Fumio OHTAKE - 110-111 Comment on "Inequality in Japan"
by Naohiro YASHIRO - 112-113 Comment on "Inequality in Japan"
by Siow Yue CHIA - 114-132 Income Inequality in Malaysia
by Haji Mat Zin RAGAYAH - 133-134 Comment on "Income Inequality in Malaysia"
by Mohamed ARIFF - 135-139 Comment on "Income Inequality in Malaysia"
by Medhi KRONGKAEW - 140-158 Reform, Growth, and Inequality in China
by John KNIGHT - 159-160 Comment on "Reform, Growth, and Inequality in China"
by Shi LI - 161-162 Comment on "Reform, Growth, and Inequality in China"
by Yongding YU
2007, Volume 2, Issue 2
- 169-185 Editors' Overview
by Takatoshi ITO & Akira KOJIMA & Colin McKENZIE & Shujiro URATA - 186-203 Japan's Lost Decade: What Have We Learned and Where Are We Heading?
by Hiroshi YOSHIKAWA - 204-205 Comment on "Japan's Lost Decade: What Have We Learned and Where Are We Heading?"
by Hugh PATRICK - 206-207 Comment on "Japan's Lost Decade: What Have We Learned and Where Are We Heading?"
by Kazuo UEDA - 208-222 Japan's Security Policy in East Asia
by Michael AUSLIN & Michael GREEN - 223-224 Comment on "Japan's Security Policy in East Asia"
by Lee Poh PING - 225-226 Comment on "Japan's Security Policy in East Asia"
by Takashi INOGUCHI - 227-245 Japan's New Foreign Economic Policy: A Shift Toward a Strategic and Activist Model?
by Mireya SOLÍS & Shujiro URATA - 246-248 Comment on "Japan's New Foreign Economic Policy: A Shift toward a Strategic and Activist Model?"
by Mohamed ARIFF - 249-250 Comment on "Japan's New Foreign Economic Policy: A Shift toward a Strategic and Activist Model?"
by Hitoshi TANAKA - 251-268 From Industrial Policy to Innovation Policy: Japan's Pursuit of Competitive Advantage
by Marcus NOLAND - 269-270 Comment on "From Industrial Policy to Innovation Policy: Japan's Pursuit of Competitive Advantage"
by Hal HILL - 271-272 Comment on "From Industrial Policy to Innovation Policy: Japan's Pursuit of Competitive Advantage"
by Kyung Tae LEE - 273-297 Financial Crisis and the Lost Decade
by Mitsuhiro FUKAO - 298-300 Comment on "Financial Crisis and the Lost Decade"
by Robert Alan FELDMAN - 301-302 Comment on "Financial Crisis and the Lost Decade"
by Claudio BORIO - 303-319 Aging, Savings, and Public Pensions in Japan
by Charles Yuji HORIOKA & Wataru SUZUKI & Tatsuo HATTA - 320-321 Comment on "Aging, Savings, and Public Pensions in Japan"
by Mukul G. ASHER - 322-323 Comment on "Aging, Savings, and Public Pensions in Japan"
by Yukinobu KITAMURA