In a paper delivered at last week's annual meeting of the Philippine Economic Society, Ellen Palanca, executive director of the Ateneo Center for Asian Studies, noted that the macroeconomic and political stability of other Asian countries has helped them retain a fair share of incoming foreign direct investments even after the East Asian currency crisis of 1997. ...
While advocates of Keynesian economics will argue that private sector decisions sometimes lead to inefficient macroeconomic outcomes, monetary policy actions by a central bank and fiscal policy actions by the government are needed to stabilize output over the business cycle. ...
Living in an Asian society, I have had the privilege to study and explore the diversity of the culture and races in Singapore. While mixing with the Chinese community here, I have learnt a great deal about their culture and homeland. Back in China, for over 30 years, the Chinese government has exerc...
BILATERAL TRADE AND ECONOMICS According to Angus Maddison, a British economist and international scholar on macroeconomic history of the world, "India and China were competing with each other in the first sixteen or seventeen centuries of the Christian era. ...
