Publication in Economics, Politics and Public Policy in East Asia and the Pacific

The invisible hand in Asia’s heirs race

Author: Lauren Johnston, Peking University

This year’s Nobel Prize for economics was co-awarded to Lloyd Shapley, an American mathematician whose contribution to game theory has its origins in a 1962 paper, ‘College Admissions and the Stability of Marriage’.

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The United States and ASEAN

Author: Rodolfo C. Severino, ISEAS

ASEAN held its summit meeting, the second in Phnom Penh, under Cambodia’s chairmanship on 18 November.

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Japan’s long-term growth: six ways of staying afloat

Author: Edward J. Lincoln, GWU

If there is one conclusion that economists can draw with any certainty about the future of the Japanese economy, it is that the overall growth of GDP will be very slow for several decades to come.

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India: the warped history and geography of NonAlignment 2.0

Author: Vikas Kumar, Azim Premji University

In the aftermath of the disintegration of the Soviet Union, the Narasimha Rao government reworked India’s dysfunctional economic and foreign policies to improve India’s abysmal terms of trade with the rest of the world.

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Growth: getting Japan back on track

Author: Jenny Corbett, ANU

Long before the lost decade it was clear that the Japanese economy would only continue to grow after its ‘miracle’ years if it increased its productivity.

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Will RCEP compete with the TPP?

Author: Beginda Pakpahan, UI

Competition appears likely to emerge between ASEAN’s Regional Comprehensive Economic Partnership (RCEP), an agreement to launch negotiations for which was reached at the East Asia Summit (EAS) in Phnom Penh on 20 November, and the Trans-Pacific Partnership (TPP).

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Manmohan Singh’s Pakistan policy

Author: Tridivesh Singh Maini, New Delhi

It appears that Manmohan Singh’s decision to put on hold his Pakistan visit, slated for the last week of November, was taken because New Delhi remains unsatisfied with Pakistan’s response to the 2008 Mumbai attacks.

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South Korea–China maritime disputes: toward a solution

Author: Terence Roehrig, USNWC

It may be surprising to learn that, of the many maritime disputes in Asia, one of the most violent in the past few years has occurred between South Korea and China in the Yellow Sea.

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Reconsidering Vietnam’s political system

Author: Benedict J. Tria Kerkvliet, ANU

Despite being a one-party state, Vietnam’s political system has often been responsive to peasants, workers and others pushing for better economic, social and political conditions.

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America’s pivot to Asia and Asian akrasia

Author: Peter Drysdale, Editor, East Asia Forum

On his first trip abroad since he was re-elected, Barack Obama became the first US President to visit Burma before attending the East Asia Summit in Cambodia.

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US commits to ASEAN integration

Author: Andrew Elek, ANU

At the 2012 United States–ASEAN Leaders Meeting in Cambodia, President Barack Obama and leaders from the 10 members of ASEAN launched the US–ASEAN Expanded Economic Engagement (E3) initiative.

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Wen Jiabao’s legacy and Chinese politics today

Author: Hai Hong Nguyen, UQ

Wen Jiabao stepped down from the powerful Communist Party of China (CPC) Standing Politburo at the 18th Congress of the CPC last week.

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Reinvigorating national newspapers in Japan

Author: Takeshi Yamawaki, Asahi Shimbun

The long years of economic stagnation following the collapse of Japan’s bubble economy is often called the ‘lost two decades’, owing to the country’s failure to regain high economic growth despite a series of economic stimulus policies.

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Australia’s lack of China literacy is holding back business

Author: Elizabeth Payne, ANU

China is now Australia’s largest trading partner, and over the coming decades it will be Australia’s most important economic partner. Australia and China share a high degree of economic complementarity, especially in the minerals and energy sectors. But the opportunity presented by China faces a significant threat: Chinese business leaders and government officials increasingly view Australia as a difficult and unfriendly place to conduct business.

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Taiwan’s place in Australia’s Asian Century

Author: Joel Atkinson, Monash University

Taiwan is mentioned only 31 times in the recently released Australia in the Asian Century White Paper. This puts it slightly ahead of the Philippines, which is mentioned 28 times.

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