Suddenly and unexpectedly, after several decades as Asia’s backwater and basket case of international development, Myanmar was thrust to the center stage of international attention in 2011. The country’s political…
February 15, 2017
This paper examines the short-run and long-run relation between volatility in the real effective exchange rate and stock returns in the Republic of Korea. A trivariate vector autoregressive model is…
January 17, 2017
In 2013, two countries in East Asia launched their respective visions for an East-meets-West integrated region: China pronounced one of the most ambitious foreign economic strategies in modern times by…
November 16, 2016
This study explores the organization of the Korean labor market, systemic faults in it leading to undesirable outcomes and their determinants, and consequences for workers and employers. Long-term implications for…