Synopses & Reviews
Recently, real and artificial barriers to international transactions have fallen sharply, causing a rise in the overall volume of international trade. East Asia has been particularly affected by the economic stresses and gains derived from deregulation.
Deregulation and Interdependence in the Asia-Pacific Region explores the broadly similar experiences of certain economies in the regionand#8212;China, Hong Kong, Japan, Koreaand#8212;in dealing with the potentially volatile process of deregulation, and examines the East Asian response to a rapidly transforming economic environment.
Synopsis
Recently, real and artificial barriers to international transactions have fallen sharply, causing a rise in the overall volume of international trade. East Asia has been particularly affected by the economic stresses and gains derived from deregulation. Deregulation and Interdependence in the Asia-Pacific Region explores the broadly similar experiences of certain economies in the region -- China. Hong Kong, Japan, Korea -- in dealing with the potentially volatile process of deregulation, and examines the East Asian response to a rapidly transforming economic environment.
About the Author
Takatoshi Ito is professor of economics at the University of Tokyo and a research associate of the NBER and the Tokyo Center for Economic Research.
Table of Contents
Acknowledgments
Introduction - Takatoshi Ito and Anne O. Krueger
1. Regulatory Reform and International Trade Policy
Roger G. Noll
Comment: Anne O. Krueger
Comment: Sadao Nagaoka
2. International Trade Aspects of Competition Policy
Sadao Nagaoka
Comment: Anne O. Krueger
Comment: Chong-Hyan Nam
3. Market Design and Price Behavior in Restructured Electricity Markets: An International Comparison
Frank A. Wolak
Comment : Takatoshi Ito
Comment: Francis T. Lui
4. Competition in the Japanese Distribution Market and Market Access from Abroad
Comment: Thomas Gale Moore
Comment: Ching-hsi Chang
5. Hong Kong's Business Regulation in Transition
Changqi Wu and Leonard K. Cheng
Comment: Thomas Gale Moore
Comment: Roger G. Noll
6. Toward a More Liberal Sky in Japan: An Evaluation of Policy Change
Hirotaka Yamauchi
Comment: Takatoshi Ito
Comment: Changqi Wu
7. The Reform of the Business Service Sector: The Case of Taiwan's Financial System
Ching-hsi Chang
Comment: Motoshige Itoh
Comment: Hirotaka Yamauchi
8. Interest Rates, Credit Rationing, and Banking Deregulation in Taiwan
Chung-Shu Wu and Sheng-Cheng Hu
Comment: Shinji Takagi
9. Financial Deregulation and Competition in Korea
Moon-Soo Kang
Comment: Shinji Takagi
Comment: Sang-Woo Nam
10. Deregulation, Profit, and Cost in Commerical Banking: The Case of Hong Kong
Yum K. Kwan and Francis T. Lui
Comment: Moon-Soo Kang
11. Telecommunications Liberalization: A Taiwanese Perspective
Shin-Horng Chen
Comment: Ramonette B. Serafica
12. Competition Policies for the Telecommunications Industry in Korea
Il Chong Nam
Comment: Ramonette B. Serafica
13. China's Telecommunications Infrastructure Buildup: On Its Own Way
Ding Lu
Comment: Shang-Jin Wei
Comment: Tsuruhiko Nambu
14. Telecommunications Liberalization: The U.S. Model
Robert W. Crandall
Comment: Shin-Horng Chen
Comment: Tsuruhiko Nambu
Contributors
Author Index
Subject Index