Globalization and the Asia Pacific Economy

Kyung-Tae Lee is the President of the Korea Institute for International Economic Policy

'a diverse yet coherent collection of essays with a broad appeal to readers interested in East Asia or emerging market economies.' - ASEAN Economic Bulletin

• Introduction Kyung-Tae Lee 1. Globalization: historical perspective and prospects Rachel McCulloch 2. Coping with globalization and financial crisis: rethinking East Asian strategies Hiwhoa Moon 3. Engines of globalization: big and small multinational enterprises in the global era Shujiro Urata 4. Social consequences of the East Asian economic crisis: a case of globalization gone wrong Medhi Krongkaew 5. The potential role of foreign direct investment in Indonesia's recovery Mari Pangestu 6. Foreign exchange market liberalization policies in South Korea: past assessment and future options Woosik Moon and Yeongseop Rhee 7.Capital flows and capital controls: the Malaysian experience Latifah Merican Cheong 8. Performance of East Asian corporations before and after the crisis Stijn Claessens, Simeon Djankov and Lixin Colin Yu 9. Risks of financial liberalization and reform for financial stability Bhanupong Nidhiprabha 10. Integrating financial markets in East Asia Gordon de Brouwer 11. Managing small open economies: exchange rate systems and real estate shocks Arthur Grimes Integrating financial markets in East Asia Gordon DeBrouwer 11. Managing small open economies: exchange rate systems and real estate shocks Arthur Grimes 12. Impacts of globalization on China: an assessment of China's reforms and liberalization He Liping 13. Evaluation of changes in the corporate governance system of South Koran chaebol Sung Wook Joh and Sang Dai Ryoo 14. Globalization on the rocks Peter A. Petri 15. A quest for a new international financial architecture: an Asian Pacific perspective Akira Kohsaka 16. East Asian integration as a determinant of the international economic architecture Wendy Dobson