China and India in the age of globalization

The rise of China and India is the story of our times. The unprecedented expansion of their economic and power capabilities raises profound questions for scholars and policymakers. What forces propelled these two Asian giants into global pacesetters, and what does their emergence mean for ...

The Asian financial crisis

crisis, reform and recovery

The Asian financial crisis of 1997-1998 shook the foundations of the global economy. What began as a localized currency crisis soon engulfed the entire Asian region. What went wrong and how did the Asian economies, long considered "miracles", respond? How did the United States, Japan ...