Articles that explore key macro-economic questions that have a bearing on the international economy. These include the economic management policies of the United States and Japan and the Third World debt problem.
THE US, JAPAN & THE PACIFIC RIM:
Competition, co-operation and conflict
Richard Drobnick
1988 15pp RM4.00/US$2.00 ISBN 967-947-082-2
This paper written in 1988 discusses three key international economic questions he sees the Bush Administration having to reckon with in the coming years: America’s need for foreign capital; reversal of the US trade deficit; and Japan’s emergence as the principal source of international capital. However, instead of ending with a sombre list of conclusions to tackle these problems, the writer makes two sets of proposals, one for American leaders to improve America’s ability to manage an inevitable process of adjustment and the other for Asian leaders to prepare for the far-reaching implications of the major changes in the international economy.
DEBT STRATEGIES FOR DEVELOPING COUNTRIES:
Future options
Peter Nunnenkamp
1988 31pp RM5.00/US$2.50 ISBN 967-947-078-4
Dr Peter Nunnenkamp of the Kiel Institute of World Economics gives a candid assessment of the Third World debt problem in this paper, first delivered at an ISIS International Affairs Forum in July 1988. He argues that traditional debt relief is not feasible because the problem has become more structural in nature. Dr Nunnenkamp calls for serious attempts to consider alternative concepts as to how international financial relations can be structured more efficiently.
SINGAPORE’S GROWTH PROSPECTS TO THE MID-1990S
Hank Lim
1990 19pp RM4.00/US$2.00 ISBN 967-947-100-4
In 1990 Singapore’s economy was enjoying a growth rate of between 8.5 and 9 per cent surpassing government expectations in early 1989 of a 6-7 per cent growth. The writer, a senior lecturer in the Economics and Statistics Department of the National University of Singapore, gives some indications of what Singapore will be like, economically, in the 1990s and beyond. Among other things he examines Singapore’s changing economic structure, and the economic policy parameters employed by the government for it to achieve its longterm goal of achieving industrial economy status by the year 2000. Present and expected sources of economic growth are discussed and also its composition. External demand for Singapore’s exports are examined against the background of Asean’s political and economic environments and the rapidly-growing economies of the Asia-Pacific region.
In 1990 Singapore’s economy was enjoying a growth rate of between 8.5 and 9 per cent surpassing government expectations in early 1989 of a 6-7 per cent growth. The writer, a senior lecturer in the Economics and Statistics Department of the National University of Singapore, gives some indications of what Singapore will be like, economically, in the 1990s and beyond. Among other things he examines Singapore’s changing economic structure, and the economic policy parameters employed by the government for it to achieve its longterm goal of achieving industrial economy status by the year 2000. Present and expected sources of economic growth are discussed and also its composition. External demand for Singapore’s exports are examined against the background of Asean’s political and economic environments and the rapidly-growing economies of the Asia-Pacific region.
