Book Reviews

Book reviewed in this articles: ASEAN Trade Policy Options. Edited by Mohamed Ariff and Tan Loong-Hoe. Islamic Banking in Southeast Asia Islamic Banking in Southeast Asia. Edited by Mohamed Ariff. Asian Development Outlook Asian Development Outlook 1989. Energy Use and Policy Energy Policy Experience of Asian Countries. Balance of Payments Policy Adjusting to Success: Balance of Payments Policy in the East Asian NICs. By Bela Balassa and John Williamson. Transmigration The Transmigration Programme in Perspective. Settlement Concept as an Integrated Part of Regional and Rural Development. Edited by A. T. Birowo, M. C. Baridjambek and Soedjatmiko. Indonesian Agriculture Agricultural Development in Indonesia. By Anne Booth. IMF on Pacific Island Development Economic Development in Seven Pacific Island Countries. By C. Browne with D. Scott. Development Economics Handbook of Development Economics, Vol. 1. Edited by Hollis Chenery and T. N. Srinivasan. Urbanization and Urban Policies Urbanization and Urban Policies in Pacific Asia. Edited by Roland J. Fuchs, Gavin W. Jones and Ernesto M. Pernia. Daughters in Industry Daughters in Industry: Work, Skills and Consciousness of Women Workers in Asia. Edited by Noeleen Heyzer. Benjamin Higgins' Autobiography The Road Less Travelled: A Development Economist's Quest. By Benjamin Higgins. Prospects for Socialism in Rural China Breaking the Iron Rice Bowl: Prospects for Socialism in China's Countryside. By Pat Howard. Ethnicity and the Economy Ethnicity and the Economy: The State, Chinese Business, and Multinationals in Malaysia. By James V. Jesudason. Trade and Development in the Pacific Basin The Economic Development of the Pacific Basin: Growth Dynamics, Trade Relations and Emerging Cooperation. By Willy Kraus and Wilfred Lütkenhorst. Asean and the EEC ASEAN and the EC: Trade in Tropical Agricultural Products. Edited by Rolf J. Langhammer and Hans Christoph Rieger. Options for Singapore Policy Options for the Singapore Economy. By Lim Chong Yah and Associates. Culture and Politics in South East Asia Reflections on Development in Southeast Asia. Edited by Lim Teck Ghee. Small Manufacturing Enterprises Small Manufacturing Enterprises: A Comparative Analysis of India and Other Economies. Ian M. D. Little; Dipak Mazumdar and John Page, Jr. ASEAN Co-operation AN Cooperation in Second Phase Import Substitution. Edited by Lo Fu-chen and Narongchai Akrasanee. Informal Trade in Indonesia Peasant Pedlars and Professional Traders: Subsistence Trade in Rural Markets of Minahasa, Indonesia. By Ulrich Mai and Helmut Buchholt. Pricing in Agriculture Agricultural Price Policy for Developing Countries. Edited by John M. Mellor and Raisuddin Ahmed. China in the Reform Era Asia-Pacific Report 1989—Focus: in the Reform Era. By Charles E. Morrison and Robert F. Dernberger. Labour Market Development Labour Market Development and Structural Change: The Experience of ASEAN and Australia. Edited by Pang Eng Fong. China's Political Economy China's Political Economy: The Quest for Development since 1949. By Carl Riskin Urbanization in Taiwan Urbanization and Development: The Rural-Urban Transition in Taiwan. By Alden Speare, Jr.; Paul K. C. Liu and Ching-lung Tsay. ASEAN - US Relations ASEAN-US Relations: Changes in the Economic Environment and Opportunities. Edited by Tan Loong-Hoe and Narongchai Akrasanee. World Bank on China China: External Trade and Capital. World Bank on Papua New Guinea Papua New Guinea: Policies and Prospects for Sustained and Broad-Based Growth. World Development World Development Report: Financial Systems and Development. Thai Perceptions of Japanese Modernization Thai Perceptions of Japanese Modernization. Edited by Kunio Yoshihara.     

Book Reviews

Book reviewed in this articles:
Asia's Next Giant: South Korea and Late Industrialization. By Alice M. Amsden.
Fisheries development
Economics of Fishery Management in the Pacific Islands Region. Edited by H. Campbell; K. Menz and G. Waugh.
Regional co-operation
ASEAN Industrial Co-operation: Future Perspectives and an Alternative Scheme. Edited by Chee Peng Lim and Jang-Won Sun.
China's Social Economic Zones
The Political Economy of China's Special Economic Zones. By George T. Crane.
Australia's relations with Asia
Australia and the Northeast Asian Ascendancy. By Ross Garnaut.
Economic success in East Asia
Achieving Industrialization in East Asia. Edited by Helen Hughes.
Paradoxes in PNG economy
Growth, Structural Change and Economic Policy in Papua New Guinea: Implications for Agriculture. By Frank G. Jarrett and Kym Anderson.
History of banking in East Asia
The Hong Kong Bank in the Period of Imperialism and War, 1895–1918. Volume II of the History of the Hong Kong and Shanghai Banking Corporation. By Frank H. H. King with David J. S. King and Catherine E. King.
Mercantilism vs. classical economics
National Economics. By Alejandro Lichauco.
Thai economic history
Economic Development of Thailand, 1850–1950: Response to the Challenge of the World Economy. By Sompop Manarungsan.
Predictable catastrophe
City on the Rocks: Hong Kong's Uncertain Future. By Kevin Rafferty.
Mouldering Pearl: Hong Kong at the Crossroads. By Felix Patrikeef.
Development of Singapore's economy
Management of Success: The Moulding of Modern Singapore. Edited by Kernial Singh Sandhu and Paul Wheatley.
Economics of food
Food Price Policy in Asia: A Comparative Study. Edited by Terry Sicular.
Development economics
Proceedings of the World Bank Annual Conference on Development Economics 1989.     

Book Reviews

Book reviewed in this articles: The Emerging Asia-Pacific Era and the Regional Cooperation towards the Year 2000. Sustainable development Economic Policies for Sustainable Development. Edited by the Asian Development Bank Japan's economic outlook Japan's Growing External Assets: A Medium for Regional Growth? Edited by Susumu Awanohara. China's rural reforms China's Rural Industry: Structure, Development, and Reform. Edited by William A. Byrd and Lin Qingsong. Economics in the South Pacific Oceanic Economic Handbook. Edited by Euromonitor Malaysia's economy Growth and Ethnic Inequality: Malaysia's New Economic Policy. By Just Faaland, J. R. Parkinson and Rais Saniman. Malaysia's economy The Malaysian Economy: Spatial Perspectives. By George Cho. Malaysian challenge The Malaysian Economic Challenge in the 1990s: Transformation for Growth By Fong Chan Onn. Comparative study of capitalism Capitalism in Contrasting Cultures. Edited by Steward R. Glegg and S. Gordon Redding assisted by Monica Cartner. Philippine agrarian reform Toward an Alternative Land Reform Paradigm. By Y. Hayami, M. A. Quisumbing and L. Adriano. Global economy The New Global Economy and the Developing Countries: Essays in International Economics and Development. By G. K. Helleiner. China's wool industry The Wool Industry in China: Some Chinese Perspectives. Edited by John W. Longworth. China's technology strategy Industrialization and technological development in China. By Nobuo Mayuyama. Repeating Asian NICs success Trade, Finance and Developing Countries: Strategies and Constraints in the 1990s. By Sheila Page. China's forestry Forests and Forestry in China. By S. D. Richardson. Political economy in foreign policy The Political Economy of Singapore's Industrialization: National State and International Capital. By Garry Rodan. Political economy in foreign policy The Political Economy of Foreign Policy in Southeast Asia. Edited by David Wurfel and Bruce Burton. The Taiwan miracle The Foreign Factor, Studies in Economic, Social and Political Change: The Republic of China. By Chi schive. Korea's economic development The Rise of the Korean Economy. By Byung-Nak Song. Multilateral trade negotiations Services in Asia and the Pacific: Selected Papers, Volume One.     

Book Reviews

Book reviewed in this articles: Labour and employment planning Human Resource Planning: The Asian Experience Rashid Amjad. Asian and Pacific fishing Fishing Industry in Asia and the Pacific Rice and development The Rice Economies: Technology and Development in Asian Society Francesca Bray. Trade in services Pacific Trade in Services Edited by Leslie Castle and Christopher Findlay Alternative strategies CGE Industrialization and Growth: A Comparative Study Hollis Chenery, Sherman Robinson and Moshe Syrquin. Homelessness and shelter Shelter for the Homeless: Asian Pacific Needs and Australian Responses J.D. Conroy. Korean industrialization and politics Capitalist Industrialization in Korea Clive Hamilton. A village in West Java Land, Labour and Livelihood in a West Java Village , Joan Hardjono. Fiji after the coup Fiji: Opportunity from Adversity Wolfgang Kasper, Jeff Bennett and Richard Blandy. The Fiji Economy, May 1987: Problems and Prospects Rodney Cole and Helen Hughes. Ersatz capitalism The Rise of Ersatz Capitalism in South-East Asia Yoshihara Kunio. The mineral industries The Minerals Industries of ASEAN and Australia: Problems and Prospects Edited by Bruce McKern and Praipol Koomsup. Minerals Processing in the Industrialization of ASEAN and Australia. By Bruce McKern and Praipol Koomsup. Macro-economics of Hong Kong Hong Kong's Economy: An Introductory Macroeconomic Analysis Gavin Peebles. The politics of economic crisis Southeast Asia in the 1980s: The Politics of Economic Crisis Richard Robinson, Kevin Hewison and Richard Higgott. China's modernization and energy use Energy in China's Modernization: Advances and Limitations Vaclay Smil. Politics of co-operation Politics of ASEAN Economic Co-operation Marjorie L. Suritamongkol. Industrial reform in China China's Industrial Reform Edited by Gene Tidrick and Chen Jiyuan. Industrial Management and Economic Reform in China: 1949–1984 Peter N. S. Lee. Developing human resources Human Resources Development in the Pacific Edited by C. D. Throsby. General dilemmas of development Dilemmas of Development: Reflections on the Counter-Revolution in Development Theory and Policy John Toye. Green revolution in Malaya Peasants in the Making: Malaysia's Green Revolution Diana Wong.     

Book Reviews

Book reviewed in this articles: Fiscal Systems and Practices in ASEAN: Trends, Impacts and Evaluation. Edited by Mukul G. Asher. Asian development Asian Development Outlook 1990. Edited by the Asian Development Bank Reforms in China China and the Open Door Policy. By Kevin Bucknall Complexities of Indonesian integration National Integration in Indonesia: Patterns and Policies. By Christine Drake TNCs from developing Asian countries Transnational Corporations from Developing Asian Economies. Perspectives of competitiveness Trade Policies for International Competitiveness. By Robert C. Feenstra. Friedman's lecture tour Friedman in China. By Milton Friedman. Comparing economic performance Perspectives on the Pacific Basin Economy: A Comparison of Asia and Latin America. Edited by Takao Fukuchi and Mitsuhiro Kagami Success of NICs in East Asia Pathways from the Periphery, the Politics of Growth in the Newly Industrializing Countries. By Stephan Haggard. Effectiveness of price stabilization Commodity Price Stabilization in Papua New Guinea. By L. Jolly, A. Beck and P. Bodman. China's urban development Chinese Urban Reform: What Model Now? Edited by R. Yin-Wang Kwok, William L. Parish, Anthony Gar-on Yeh and Xu Xueqiang. Economics and environmentalism Market Environmentalism: Lessons for Hong Kong. By Jo Ann Kwong Economics and environmentalism After the Green Revolution: Sustainable Agriculture for Development. By Gordon R. Conway and Edward B. Barbier. Economics and environmentalism Sustainable Development: Economics and Environment in the Third World. By David Pearce, Edward Barbier and Anil Markandya. Economics and environmentalism Wasting Assets: Natural Resources in the National Income Accounts. By Robert Repetto, William Magrath, Michael Wells, Christine Beer and Fabrizio Rossini Taiwan's financial system Money and Finance in the Economic Development of Taiwan. By Lee Sheng-Yi. Key oil-related issues The Oil Markets of the Pacific Rim: Into the 1990s. By Paul McDonald. Indonesian economic history Economic Growth in Indonesia, 1820–1940. Edited by Angus Maddison and Ge Prince. Festschrift Economic Development in East and Southeast Asia: Essays in Honour of Professor Shinichi Ichimura. Edited by Seiji Naya and Akira Takayama Japanese investment in ASEAN The New Wave of Japanese Investment in ASEAN. By Pasuk Phongpaichit Macroeconomic adjustment in Asia Beyond Adjustment – The Asian Experience. Edited by Paul Streeten. Recent industrial development Strategies for Industrial Development: Concept and Policy Issues. Edited by Suh Jang-Won. Vietnamese economy Vietnam's Economic Policy since 1975. By Vo Nhan Tri. Vietnamese economy Doi Moi: Economic Reforms and Development Policies in Vietnam. Edited by Per Ronnas and Orjan Sjoberg. Chinese economy China: Macroeconomic Stability and Industrial Growth under Decentralized Socialism. Chinese economy China: Revenue Mobilization and Tax Policy.     

Book Reviews

Book reviewed in this articles: The Political Economy of Agricultural Protection: East Asia in International Perspective. By Kym Anderson and Yujiro Hayami with others. Indonesian Marine Capture Fisheries. By C. Bailey , A. Dwiponggo and F. Marahudin . Effects of Neo-Protectionism on the Korean Exports. By Chungsoo Kim with assistance from Bonghun Lee and Sunjung Oh . New Caledonia or Kanaky? The Political History of a French Colony. By John Connell . Trade Policy, Protectionism and the Third World. By Michael Davenport . Financial Markets and Economic Development: The Economics and Politics of Korean Financial Reform. By Philippa Dee . The Political Economy of the New Asian Industrialism. Edited by Frederic C. Deyo . Foreign Investment and Industrialization in Indonesia. By Hal Hill . Rural Industrialisation and Employment in Asia. Edited by Rizwanul Islam . China's Entry into the World Economy. By Nicholas Lardy . Singapore: Resources and Growth. Edited by Lim Chong -Yah and Peter J. Lloyd . Economic Growth in Monsoon Asia: A Comparative Survey. By Harry T. Oshima . Building ASEAN: 20 Years of South-east Asian Cooperation. By Ronald D. Palmer and Thomas J. Reckford . Japan's High Technology Policy. Edited by Hugh Patrick . China: Asia's Next Economic Giant? By Dwight Perkins . Law and Trade Issues of the Japanese Economy: American and Japanese Perspectives. Edited by Gary R. Saxonhouse and Kozo Yammura . Equality and the Religious Traditions of Asia. Edited by R. Siriwardena . The Corn Economy of Indonesia. By C. Peter Timmer .     

Book Reviews

Book reviewed in this articles:
Urban Poverty and the Environment in the South Pacific Jenny J. Bryant
Foreign Direct Investment edited by Kenneth A. Froot
Labour Market Monitoring and Employment Policy: a study of Indonesia Martin Godfrey
Studies on Economic Reforms and Development in the People's Republic of China Edited by Tien-tung Hseuh, Yun-wing Sung and Jingyuan Yu
Trade, Industrial Restructuring and Development in Hong Kong Yin-Ping Ho
The Korean Economies: a comparison of North and South Eui-Gak Hwang
The Mechanism of Economic Deve1opmt: growth in the Japanese and East Asian Economies Ken-Ichi Inada, Sueo Sekiguchi and Yasutoyo Shoda.
World Bank Financing of Education: lending, learning and development Phillip W. Jones
Education in Asia: a comparative study of cost and financing Jee-Peng Tan and Alain Mingat
The Future of Asia-Pacific Economies: emerging role of Asian NIEs and ASEAN Edited by Fu-chen Lo and Narongchai Akrasanee
The Asia-Pacific Economies: a challenge to South Asia Edited by S. P. Gupta and Somsak Tambunlertchai
The Dawn of the Pacific Century William McCord
Strategic Processes in Monsoon Asia's Economic Development Harry T. Oshima
Burning Questions: environmental limits to energy growth in Asian-Pacific countries during the 1990s Edited by K. V. Ramani, P. Hills and G. George
Economic Reform and Social Change in China Edited by Andrew Watson
The Revolution in Asian Fertility: dimensions, causes and implications Edited by Richard Leete and lqbal Alam
The Politics of Finance in Developing Countries Edited by Stephan Haggard, Lee Chung H. and Sylvia Maxfield
Sustaining Rapid Development in East Asia and the Pacific: development in practice     

BOOK REVIEWS

Book reviewed in this articles: Small Industry in Malaysia. By Chee Peng Lim . The Indonesian Interisland Shipping Industry: An Analysis of Competition and Regulation. By H.W. Dick . The Political Economy of Manufacturing Protection: Experiences of ASEAN and Australia. Edited by Christopher Findlay and Ross Garnaut . The Demographic Dimension in Indonesian Development. By Graeme J. Hugo , Terence H. Hull , Valerie J. Hull and Gavin W. Jones . Southeast Asian Affairs 1986. The Forest Resources of Malaysia: Their Economics and Development. By Raj Kumar . Rural China Today. By Frank Leeming . Organizations and Growth in Rural China. By Marsh Marshall . China's Agricultural Modernization: The Socialist Mechanization Scheme. By Tam On Kit . ASEAN-Australia Trade in Manufactures. By David Lim . Trade, Employment and Industrialization in Singapore. By Linda Lim and Pang Eng Fong . Central Government and Local Development in Indonesia. Edited by Colin Mac Acandrews . Industrial Policies for Pacific Economic Growth. Edited by Hiromichi Mutoh , Sueo Sekiguchi , Kotaro Suzumura and Ippei Yamazawa . The Lion and the Mouse? Japan, Asia and Thailand. Edited by Pasuk Phongpaichit , Busaba Kunasirin , and Buddhagarn Rutchatorn . Hong Kong's Financial Institutions and Markets. Edited by Robert Hanley Scott K.A. Wong and Yan Ki Ho . Off-Farm Employment in the Development of Rural Asia. Edited by R.T. Shand . Fertility in Asia: Assessing the Impact of Development Projects. Edited by John Stoeckel and Anrudh K. Jain. A Question of Class: Capital, the State, and Uneven Development in Malaya. By Jomo Kwame Sundaram. The Economics of Integrated Pest Control in Rice: A Case Study from the Philippines. By Hermann Waibel. China: Long-term Development Issues and Options. A World Bank Country Report.     

BOOK REVIEWS

Book reviewed in this artilces:
Export-Oriented Industrialization: The ASEAN Experience . B y M ohamed A riff and H al H ill .
The Singapore Economy: New Directions . R eport of the E conomic C ommittee , M inistry of T rade and I ndustry .
The Cassava Economy of Java . B y W. P. F alcon , W. O. J ones , S. R. P earson and others .
The Small Developing State: Comparing Political Economies in Costa Rica, Singapore and Jamaica . B y D ennis J ohn G ayle .
Development Economics on Trial: An Anthropological Case for the Prosecution . B y P olly H ill .
The Sovereign Entrepreneur: Oil Policies in Advanced and Less Developed Capitalist Countries . B y M errie G ilbert K lapp .
Models of Development: A Comparative Study of Economic Growth in South Korea and Taiwan . E dited B y L awrence J. L au .
The Pacific Century: Economic and Political Consequences of Asian-Pacific Dynamism . B y S taffan B urenstam L inder .
Import Controls and Export-Oriented Development: A Reassessment of the South Korean Case . B y R ichard L uedde -N eurath .
Development in Malaysia: Poverty, Wealth and Trusteeship . B y O zay M ehmet .
Modernization in China - The case of the Shenzhen Special Economic Zone . B y K wan -Y iu W ong and D avid K. Y. C hu .
Indonesia: The Rise of Capital . B y R ichard R obison .
Japan's Response to Crisis and Change in the World Economy . E dited by M. S chmieglow .
Fiscal Issues in South-East Asia . E dited by P arathasarati S home .
Industrialization Policies and Regional Economic Development in Malaysia . B y D ean S pinanger .
Pacific Growth and Financial Interdependence . E dited B y A ugustine H. H. T an and B asant K apur .
ASEAN - South-Asia Economic Relations . E dited by C. D. W adhva , and M. G. A sher .
Asia's 'Miracle' Economies: Korea, Japan, Taiwan, Singapore and Hong Kong . B y J on W oronoff .     

Book Reviews

Susan Toft (ed.), Compensation for Resource Development in Papua New Guinea Shinichi Ichimura, Political Economy of Japanese and Asian Development Myo Thant, Min Tang and Hiroshi Kakazu (eds), Growth Triangles in Asia Mario Rutten and Carol Upadhya (eds), Small Business Entrepreneurs in Asia and Europe Peter Van Diermen, Small Business in Indonesia Sung Gul Hong, The Political Economy of Industrial Policy in East Asia Anand Chandavarkar, Central Banking in Developing Countries Gavin W. Jones and Terence H. Hull (eds), Indonesia Assessment: population and human resources Garry Rodan, Kevin Hewison and Richard Robison (eds), The Political Economy of South-East Asia Maysing H. Yang (ed.), Taiwan's Expanding Role in the International Arena M. Adil Khan, Economic Development, Poverty Alleviation and Governance East Asia Analytical Unit (EAAU), The New ASEANS: Vietnam, Burma, Cambodia & Laos Chris Rowley (ed.), Human Resource Management in the Asia Pacific Region Gavin W. Jones and Pravin Visaria (eds), Urbanization in Large Developing Countries Chris Manning, Indonesian Labour in Transition Asian Development Bank, Asian Development Outlook 1997 and 1998 Jomo K. S. et al., Southeast Asia's Misunderstood Miracle Chris Dixon and David Drakakis-Smith (eds), Uneven Development in South East Asia Tony Fu-Lai Yu, Entrepreneurship and Economic Development in Hong Kong Anne Booth, The Indonesian Economy in the Nineteenth and Twentieth Centuries Harry J. Waters, China's Economic Development Strategies for the 21st Century Chan Heng Chee (ed.), The New Asia–Pacific Order Chia Siow Yue and Marcello Pacini (eds), ASEAN in the New Asia: issues & trends Chia Siow Yue and Joseph L. H. Tan (eds), ASEAN & EU: forging new linkages and strategic alliances Seiichi Masuyama, Donna Vandenbrink and Chia Siow Yue (eds), Industrial Policies in East Asia Pierre van der Eng, Agricultural Growth in Indonesia     

Book Reviews

Sheridan, Greg, Tigers: leaders of the new Asia-Pacific
Kuo, Shirley S. Y., Economic Policies: the Taiwan experience 1945–1995
Fletcher, Christine (ed.), Equity and Development Across Nations: political and fiscal realities
Laothamatas, Anek (ed.), Democratization in Southeast and East Asia
Bateman, Sam and Bates, Stephen (eds), Calming the Waters: initiatives for Asia Pacific maritime cooperation
Lee, Tae-Woo, Shipping Developments in Far East Asia: the Korean experience
Clark, Gordon, L. and Kim, Won Bae (eds), Asian NIEs and the Global Economy: industrial restructuring and corporate strategy in the 1990s
United Nations, Foreign Investment in Asian Stock Markets
Hanna, Nagy, Boyson, Sandor and Gunaratne, Shakuntala, The East Asian Miracle and Information Technology: strategic management of technological learning
Asian Development Bank, Sociocultural Issues and Economic Development in the Pacific Islands
Fairbairn, Te'o, I. J. and Worrell, DeLisle, South Pacific and Caribbean Island Economies: a comparative study
World Bank, Pacific Island Economies: building a resilient economic base for the twenty-first century
Rodan, Garry (ed.), Political Oppositions in Industrialising Asia
Yuen, Ng Chee, Freeman, Nick J. and Huynh, Frank, H. (eds), State Owned Enterprise Reform in Vietnam: lessons from Asia
Edwards, Ron and Skully, Michael (eds), ASEAN Business, Trade and Development: an Australian perspective
Cole, David, C. and Slade, Betty F., Building a Modern Financial System: the Indonesian experience
Clark, Cal and Roy, K. C., Comparing Development Patterns in Asia
Zhou, Zhang-Yue, Effects of Grain Marketing Systems on Grain Production: a comparative study of China and India
English, H. Edward and Runnals, David (eds), Environment and Development in the Pacific: problems and policy options
Mendelsohn, Robert and Shaw, Daigee (eds), The Economics of Pollution Control in the Asia Pacific     

Book Reviews

Book reviewed in this articles:
Indonesia Assessment 1995: development in Eastern Indonesia Colin Barlow and Joan Hardjono (eds)
Transnational Corporations and the International Trade in Primary Commodities
Malay Farmers Respond Akimi Fujimoto
The Indonesian Economy Since 1966: Southeast Asia's emerging giant Hal Hill
Innovation in East Asia: the challenge to Japan Michael Hobday
Pacific Co-operation: building economic and security regimes in the Asia-Pacific region Andrew Mack and John Ravenhill (eds)
Labour Migration in Asia ASEAN Economic Bulletin, Special Focus, Volume 12(2) Philip L. Martin, Andrew Mason and Ching-lung Tsay (eds)
Catching Up with Asia's Tigers: Philippine trade and industrial policies Erlinda M. Medalla, Gwendolyn R. Tescon, Romeo M. Bautista, John H. Power
Survey of Impediments to Trade and Investment in the APEC region: a report by the Pacific Economic Cooperation Council for APEC
The Singapore Economy Gavin Peebles and Peter Wilson
Employment-Driven Industrial Relations Regimes: the Singapore experience Chew Soon Beng and Rosalind Chew
Nobel Economists: lives and contributions K. Puttaswamaiah
Financial Reform in China On Kit Tam (ed.)
AFTA in the Changing International Economy Joseph L. H. Tan (ed.)
Trading Partners: Australia and Asia 1790–1993 Sandra Tweedie
Fiscal Management and Economic Reform in the People's Republic of China Christine P. W. Wong, Christopher Heady, and Wing T. Woo
Financial Sector Development in Asia Shahid N. Zahid (ed.)     

Book Reviews

Book reviewed in this articles:
Technology Transfer and Development: implications for developing Asia
Asian Development Bank David C. Cole, Hal S. Scott and Philip A. Wellons (eds)
Trade Union Behaviour in the Philippines: 1946–1990 Leopoldo J. Dejillas
Regional Trading Agreements Among Developing Countries: the ASEAN example Dean A. DeRosa
Pacific Trade and Investment: options for the 90s Wendy Dobson and Frank Flatters (eds)
Overseas Chinese Business Networks in Asia
International Capital Markets: developments, prospects, and policy issues David Folkerts-Landau and Takatoshi Ito, et al.
Contemporary Issues in Philippine Rice Farming Akimi Fujimoto, Corazon B. Lamug and Toshiro Matsuda (eds)
Growth Theories in Light of the East Asian Experience Takatoshi Ito and Anne O. Krueger (eds)
Industrialization and Agricultural Surplus: a comparative study of economic development in Asia Massoud Karshenas
Vietnam's Rural Transformation Benedict J. Tria Kerkvliet and Doug J. Porter (eds)
Thailand's Industrialization and its Consequences Medhi Krongkaew (ed.)
Local Economy and Entrepreneurship in Thailand: a case study of Nakhon Ratchasima Yoko Ueda
Macroeconomic Management in Southeast Asia's Transitional Economies Manuel F. Montes, Romeo A. Reyes and Somsak Tambunlertchai (eds)
Growing Out of the Plan: Chinese economic reform 1978–1993 Barry Naughton
The New Wave of Foreign Direct Investment in Asia Compiled by Nomura Research Institute and Institute of Southeast Asian Studies
Urban Poverty in Asia: a survey of critical issues Ernesto Pernia (ed.)
Malaysian Development: a retrospective Martin Rudner
China's Rural Enterprises: ten case studies John Wong, Rong Ma, and Mu Yang (eds)     

Book Reviews

Books reviewed:
Tran Ngoc, Ca, Technological Capability and Learning in Firms: Vietnamese industries in transition
Bhanoji, Raom, East Asian Economies: the miracle, a crisis and the future
M., Ramesh and Mukul G., Asher, Welfare Capitalism in Southeast Asia: social security, health and education policies
Wang, Gungwu and John, Wong, (eds) Hong Kong in China: the challenges of transition
John H., Drabble, An Economic History of Malaysia, c. 1800–1990: the transition to modern economic growth
Gordon, de Brouwer, Financial Integration in East Asia
Gordon, de Brouwer and Wisarn, Pupphavesa, (eds) Asia Pacific Financial Deregulation
Jomo, K. S.; Greg, Felker and Rajah, Rasiah, (eds) Industrial Technology Development in Malaysia: industry and firm studies
Jomo, K. S. and Greg, Felker, (eds) Technology, Competitiveness, and the State: Malaysia's industrial technology policies
Colin, Barlow, (ed.) Institutions and Economic Change in Southeast Asia: the context of development from the 1960s to the 1990s
Gilberto M., Llanto; Rosario G., Manasan; Mario B., Lamberte; Jaime C., Laya, Local Government Units' Access to the Private Capital Markets
Paul D., Hutchcroft, Booty Capitalism: the politics of banking in the Philippines
Colin, Filer, (ed.) Dilemmas of Development: the social and economic impact of the Porgera Gold Mine 1989–1994
Theodore, Levantis, Papua New Guinea: employment, wages and economic development
T. S., Chan, (ed.) Consumer Behaviour in Asia: issues and marketing practice
Arsenio, Balisacan and Shigeaki, Fujisaki, (eds) Causes of Poverty: myths, facts and policies
Stephan, Haggard, The Political Economy of the Asian Financial Crisis
Grant, Evans; Christopher, Hutton and Kuah Khun, Eng, (eds) Where China Meets Southeast Asia: social and cultural change in the border regions     

Book Reviews

Book reviewed in this articles: Optirnisation of Agricultural Resource Use in Asia and the Pacific The World Rubber Industry Colin Barlow, Sisira Jayasuriya and C. Suan Tan Routledge The Newly Industrialising Economies of East Asia Anis Chowdhury and Iyanatul Islam Debating Singapore: reflective essays Edited by Derek Da Cunha Subsistence to Supermarket: food and agricultural transformation in Southeast Asia Five Small Open Economies Edited by R. Findlay and S. Wellisz Quand la riziEère rencontre I'ásphalte:…Semis urbain et processus d'urbanisation à Java-est (Indonesie) [When the paddy field meets the asphalt: The urban seed-bed and the process of urbanisation in East Java] Asia Pacific Regionalism: madings in international economic relations Ross Garnaut and Peter Drysdale Grain in China: a report Ross Garnaut and Guonan Ma Health Care In Asia: a comparative study of cost and financing Charles C Griffin Indonesia's New Order: the dynamics of socio-economic transformation Edited by Hal Hill Trade and Growth: a Korean perspective Wontack Hong Coming Full Circle: an economic history of the Pacific rim Eric Jones, Lionel Frost and Colin White Taxation and Economic Development Among Pacific Asian Countries Edited by R. A. Musgrave Foreign Direct Investment Relations Between the OECD and the Dynamic Asian Economies: the Bangkok Workshop Emerging Bond Markets in the Dynamic Asian Economies Technological Transformation in the Third World: Volume I: Asia Edited by S. J. Patel Avebury Contrasting Styles of Industrial Reform: China and India in the 1980s George Rosen Energy, Environment and the Oil Market: an Asia-Pacific perspective Edited by Shankar Sharma Sustainable Development of Small Island Economies Hiroshi Kakazu Hard Emes on Kairiru Island: poverty, development and morality in a Papua New Guinea village Michael French Smith Industry on the Move: causes and consequences of international relocation in the manufacturing industry Edited by Gijsbert van Liemt The Thai Economy in Transition Edited by Peter G. Warr China: foreign trade reform     

Book Reviews

Book reviewed in this articles:
The Philippines: the political economy of growth and impoverishment in the Mairos era James K. Boyce
Poverty, Growth and the Fiscal Crisis Emmanuel S. de Dios and Associates
Rural Enterprises in China Christopher Findlay, Andrew Watson and Harry X. Wu
Rural China in Transition: non-agricultural development in rural Jiangsu, 1978–1990 S. P. S. Ho
China, Modernisation and the Goal of Prosperity: government administration and economic policy in the late 1980s Kate Hannan (ed.)
China: internal market darelopment and regulation
The Economic Growth of Singapore: trade and development in the twentieth century W. G. Huff
Challenge and Response: thirty years of the Economic Development Board Helen Hughes, Linda Low, Toh Mun Heng, Soon Teck Wong and Tan Kong Yam
The Political Economy of Agricultural Pricing Policy, Volume 5: a synthesis of the political economy in developing countries Anne O. Krueger
Indonesia Assessment 1994. Finance as a Key Sector in Indonesia's Development Ross H. McLeod (ed.)
Debt, Deficits and Exchange Rates: essays on financial interdependence and development Helmut Reisen
A Nation in Waiting: Indonesia in the 1990s Adam Schwarz
Approaching Suharto's Indonesia fmm the Margins Takashi Shiraishi (ed.)
Telecommunications Sector Reform in Asia: toward a new pragmatism Peter L. Smith and G. Staple
ASEAN-China Economic Relations: industrial restructuring in ASEAN and China Joseph L. H. Tan and Luo Zhaohong (eds)
China's Coastal Cities: catalysts for modernization Yue-man Yeung and Xu-wei Hu (eds)     

Book Reviews

Books reviewed:
Michael Borowitz, Elizabeth Wiley, Fadia Saadah and Enis Baris, Addressing HIV/AIDS in East Asia and the Pacific
Paul Glewwe, Nisha Agrawal and David Dollar (eds), Economic Growth, Poverty, and Household Welfare in Vietnam
Will Martin and Mari Pangestu, Options for Global Trade Reform: a view from the Asia-Pacific
P.J. Drake, Currency, Credit and Commerce: early growth in Southeast Asia
Myat Thein, Economic Development of Myanmar
Mark J. Scher and Naoyuki Yoshino (eds), Small Savings Mobilization and Asian Economic Development: the role of postal financial services
Michael D. Bordo, Alan M. Taylor and Jeffrey G. Williamson (eds), Globalization in Historical Perspective
Mark Turner and Owen Podger with Maria Sumardjono and Wayan K. Tirthayasa, Decentralisation in Indonesia: redesigning the state
Vinay Bhargava and Emil Bolongaita, Challenging Corruption in Asia: case studies and a framework for action
Marie-Aimée Tourres, The Tragedy that Didn't Happen: Malaysia's crisis management and capital controls
Douglas H. Brooks and Hal Hill (eds), Managing FDI in a Globalizing Economy: Asian experiences
Takatoshi Ito and Anne O. Krueger (eds), Governance, Regulation and Privatization in the Asia-Pacific Region     

Book Reviews

Books reviewed:
P., Abeygunawardena et al. Environment and Economics in Project Preparation: ten Asian cases
Roderick, Brazier and Sahala, Sianipar Indonesia's Anti-Monopoly Law and its Impact on Small and Medium Enterprises
Takatoshi, Ito and Anne O., Krueger Deregulation and Interdependence in the Asia-Pacific Region
Takatoshi, Ito and Anne O., Krueger Foreign Direct Investment in East Asian Economic Development
Theodore H., Moran Foreign Direct Investment and Development
United Nations Development Programme Human Development Report 2000
Department of Foreign Affairs and Trade Asia's Financial Markets: capitalising on reform
Benedict Y., Imbun Industrial and Employment Relations in the Papua New Guinea Mining Industry
Donald K., Emmerson Indonesia Beyond Suharto: polity, economy, society, transition
Hanah, Piek Technology Development in Rural Industries: a study of China's Collectives
Hans, Hendrischke and Feng, Chongyi The Political Economy of China's Provinces
Yanrui, Wu The Economics of the East Asia Steel Industries: production, consumption and trade
Keith, Maguire The Rise of Modern Taiwan
Youngil, Lim Technology and Productivity: the Korean way of learning and catching up
Yasheng, Huang FDI in China: an Asian perspective
Yadong, Luo International Investment Strategies in the People's Republic of China
Moha, Asri Abdullah Small and Medium Enterprises in Malaysia: policy issues and challenges
Charles, Feinstein and Christopher, Howe Chinese Technology Transfer in the 1990s: current experience, historical problems and international perspectives     

IS EAST ASIA FIT FOR AN OPTIMUM CURRENCY AREA? AN ASSESSMENT OF THE ECONOMIC FEASIBILITY OF A HIGHER DEGREE OF MONETARY COOPERATION IN EAST ASIA

This paper attempts to make a contribution to the recent search for a suitable assessment of the economic feasibility of a higher degree of monetary cooperation in East Asia. By using a structural vector autoregression approach as well as a generalized purchasing power parity approach, we find that a larger group of appropriately selected East Asian economies does satisfy the macroeconomic conditions for forming an Optimum Currency Area (OCA). The East Asian group consists of four ASEAN countries (Indonesia, Malaysia, Singapore, and Thailand) and four Northeast Asian economies (Hong Kong SAR, Japan, Republic of Korea, and Taiwan). This finding presents a striking contrast to the existing research results whose policy recommendation has generally been that countries in East Asia should start with a smaller subgroup currency area. It is time that many East Asian economies as a region made a serious effort to pursue a higher degree of monetary cooperation among themselves for forming an OCA.     

BOOK REVIEWS

Book reviewed in this article: Scientific research innovation and economic growth: a possible relationship, by B. D. Phillips. Survey of African Economics: (Volume I): International Monetary Fund : Washington , Working-class Suburb—a study of auto workers in suburbia. By Bennett M. Berger , Economic Devolution in Eastern Europe. By Ljubo Sirc . Events, Ideology and Economic Theory: The Determinants of Progress in the Development of Economic Analysis.Edited by Robert V. Eagly . International Trade: Theory and Empirical Evidence. By H. Robert Heller Labour Relations in the Netherlands. By John P. Windmuller , Wettbewerbsverzerrungen im Internationalen Handel. By Willi Meyer , Economic Development of Tropical Agriculture: Theory, Policy, Strategy and Organization. Edited by W. W. Mc Pherson . Food, Farming, and the Common Market. By Michael Butterwick and Edmund Neville Rolfe . The Neutralized Money Stock. By P. H. Henderschott , R.D. Irwin Inc. Relative Rates of Growth: Agriculture and Industry. By Ashok Rudra .