This report states that the future of East Asian countries depends on the capacity and performance of local and provincial governments. Decentralization has unl

An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those

Leading economic historians present a groundbreaking series of country case studies exploring the formation of fiscal states in Eurasia.

This paper reviews macroeconomic developments during the first year of the crisis in east Asia and draws some preliminary policy lessons. The crisis is rooted i

The study of financial frameworks focuses on corporate finance and analyzes the relationship between financing patterns and the level of development of securiti