Asian Economic Policy Review
- Publisher:
- Wiley
- Publication date:
- 2021-02-01
- ISBN:
- 1832-8105
Issue Number
- No. 15-2, July 2020
- No. 15-1, January 2020
- No. 14-2, July 2019
- No. 14-1, January 2019
- No. 13-2, July 2018
- No. 13-1, January 2018
- No. 12-2, July 2017
- No. 12-1, January 2017
- No. 11-2, July 2016
- No. 11-1, January 2016
- No. 10-2, July 2015
- No. 10-1, January 2015
- No. 9-2, July 2014
- No. 9-1, January 2014
- No. 8-2, December 2013
- No. 8-1, June 2013
- No. 7-2, December 2012
- No. 7-1, June 2012
- No. 6-2, December 2011
- No. 6-1, June 2011
Latest documents
- Comment on “The Southeast Asian Economies in the Age of Discontent”
- Economic Reform in ASEAN: Editors' Overview
- Comment on “Dutertenomics: Populism, Progress and Prospects”
- Comment on “Dutertenomics: Populism, Progress and Prospects”
- Comment on “Has Nguyen Phu Trong's Leadership Curbed Economic Reform? Economic Reform Trends in Vietnam”
- The Southeast Asian Economies in the Age of Discontent
This paper investigates the effects on and responses of five middle‐income Southeast Asian economies to the current global environment of authoritarian populism, the retreat from economic liberalism, and the appeal of anti‐globalization movements. While the political histories and institutional capabilities of the five – Indonesia, Malaysia, Philippines, Thailand and Vietnam – vary greatly, these economies have a history of at least moderately fast economic growth for extended periods, and of increasing regional and global economic integration. We argue that most of the factors behind the discontent with globalization in the rich economies are not present to the same degree in these countries, and that there has therefore been no major retreat from the economic policy settings that have underpinned their past economic success. However, there are no grounds for complacency. Economic growth is slowing in some of the countries, economic insecurity remains widespread, and the development of durable independent institutions has lagged economic growth.
- Comment on “Has Nguyen Phu Trong's Leadership Curbed Economic Reform? Economic Reform Trends in Vietnam”
- Dutertenomics: Populism, Progress, and Prospects
In 2016, when Rodrigo Duterte was elected Philippine President the economy was growing robustly. Despite the record growth, his election is considered a populist revolt of the middle‐ and upper‐class Filipinos. Yet, his economic policies – from his initial 10‐point agenda to the laws he approved – are liberal. This paper distinguishes and relates Duterte's authoritarian‐populist political style (“Dutertismo”) and his economic agenda (“Dutertenomics”). The distinction follows from his lack of interest in economic affairs, which he delegated to his team of economic managers. This team ably pushes important economic reforms because of the president's style, which so far has earned him wide public approval. After slowing down during the first half of Duterte's term, growth has recently picked up. To keep the momentum and public attention off human rights violations, Duterte needs to accomplish his economic agenda by mid‐2022. Drawing on his powers and popularity, he may yet be able to elicit the full support of Congress.
- Comment on “Thailand's Policy Challenges”
- Japan Center for Economic Research
Featured documents
- International Transmission of the People's Bank of China's Balance Sheet Expansion
The People's Bank of China's (PBoC) balance sheet expanded more dramatically than any of its major international counterparts during the past decade. The main contribution to this expansion was the rapid accumulation of the central bank's foreign assets, as a result of foreign exchange market...
- The Labor Contract Law, Macro Conditions, Self‐Selection, and Labor Market Outcomes for Migrants in China
China introduced a new Labor Contract Law (LCL, 2008) to protect employees’ working conditions and welfare. Early evaluations of labour market outcomes suggest positive effects for workers. In the same period, however, China faced labor market tightening, which facilitated the LCL's introduction...
- The Long‐Term Impacts of the 1998 Nagano Winter Olympic Games on Economic and Labor Market Outcomes
This paper aims to assess the long‐term effects of the 1998 Nagano Winter Olympic Games on various economic and labor market outcomes in Nagano Prefecture. One‐shot and large‐size events, such as the Olympic Games, are expected to boost the local economy and create jobs, thus leading to lower...
- Korean Unification: Economic Adjustments under German Assumptions
This paper explores the impact of unification on North and South Korea under the hypothetical scenario that German‐type reunification occurs in the Korean peninsula. Simulation results using a global dynamic general equilibrium model show that with comprehensive market‐oriented reform and opening,...
- US–Japan Trade Frictions: The Past, the Present, and Implications for the US–China Trade War
The United States and Japan have been involved in trade frictions over a number of products including textiles, steel, automobiles, semi‐conductors, and agricultural products over the last 50 years. US–Japan trade frictions have taken basically two forms: (i) the United States attempting to...
- Japan Center for Economic Research
- Has Abe's Womanomics Worked?
The present paper estimates the effect of the Abe Cabinet's Womanomics policies that aimed to increase female labor supply and keep women on a career path. The policies are surveyed, and the effects are estimated using microdata from the Labor Force Survey combined with data at the prefectural...
- Trade Wars: Editors' Overview
- Joining Global Production Networks: Experience and Prospects of India
Cross‐border dispersion of different stages/slices of the production processes within vertically integrated global industries (“global production sharing”) has been a key structural change in the global economy in recent decades. This paper examines India's experience with exploiting opportunities...
- Overseas Impacts of China's Outward Direct Investment
China's outward direct investment (ODI) has grown rapidly since 2004. But along with such phenomenal growth is a mixed feeling toward Chinese investments in host countries. This article explores some overseas impacts of Chinese ODI based on an analysis of China's policy environment and investment...