Asian Economic Policy Review

Read the top Asian Economic Policy Review articles online:

The Fall and Rise of Keynesian Fiscal Policy
Alan J. Auerbach

Fiscal Challenges in the Euro Zone
José Manuel Campa

Fiscal Prudence and Growth Sustainability: An Analysis of China's Public Debts
Gang Fan and Yan Lv

Global Financial Crisis and ASEAN: Fiscal Policy Response in the Case of Thailand and Indonesia
Kanit Sangsubhan and M. Chatib Basri

Fundamentals of Myanmar's Macroeconomy: A Political Economy Perspective
Sean Turnell

The goal of Asian Economic Policy Review is to become an intellectual voice on the current issues of international economics and economic policy, based on comprehensive and in-depth analyses, with a primary focus on Asia. Emphasis is placed on identifying key issues at the time - spanning international trade, international finance, the environment, energy, the integration of regional economies and other issues - in order to furnish ideas and proposals to contribute positively to the policy debate in the region.

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Cambodia, Lao PDR, Myanmar and Vietnam (CLMV), or ASEAN’s new frontiers, are attracting a lot of attention among business people, government officials, researchers, and others not only in East Asia, but also in other parts of the world. A number of reasons can be identified for the recent increased interest in the CLMV countries, including rapid economic growth, huge growth potentials, abundant availability of low-wage workers, abundant endowments of natural resources, good geographical location linking the two economic giants in East Asia, China and India, and ASEAN membership.

This discussion indicates the great potential for ASEAN’s new frontiers, while at the same time it reveals a number of challenges that the CLMV countries need to overcome to realize their potential to achieve a higher level of economic development. The successful economic development of the CLMV countries is very important not only for themselves, but also for ASEAN as well as East Asia.

In addition to reading the in-depth analysis in this issue of Asian Economic Policy Review, you can also watch the authors provide video abstracts of their papers:

Association of Southeast Asian Nations' New Frontiers: Editors' Overview
Shujiro Urata

ASEAN's New Frontiers: Integrating the Newest Members into the ASEAN Economic Community
Richard Pomfret

Cambodia: Rapid Growth with Weak Institutions
Hal Hill and Jayant Menon

Lao Economy: Capitalizing on Natural Resource Exports
Jayant Menon and Peter Warr

Toward Myanmar's New Stage of Development: Transition from Military Rule to the Market
Fumiharu Mieno

Vietnamese Economy at the Crossroads: New Doi Moi for Sustained Growth
Van Tho Tran

Regional Cooperation and Integration in the Mekong Region
Jean-Pierre A. Verbiest