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Asian Economic Policy Review (Vol. 7 Issue 2)

Fiscal Policy and Sovereign Debt

2012-12/10, Published

*The articles in this journal can be purchased at Wiley Online Library.

About AEPR
Japan Center for Economic Research (JCER) launched an English journal entitled Asian Economic Policy Review (AEPR) in June 2006. The journal is published twice a year through John Wiley & Sons. Visit the journal website (Wiley Online Library) for more information.

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Summary of this issue

 This issue examined the fall and rise of Keynesian fiscal policy, and current fiscal issues under the pressure of the European fiscal crisis spreading from Greece to other European countries. As the European fiscal crisis gives great impacts on not only Euro Zone, but China, Japan and ASEAN countries, each country’s (area’s) current fiscal situation and policy response as well as the impacts of the crisis are discussed.

Articles in this issue

*You can get access to the abstract and full text of the article at Wiley Online Library by clicking on its title link.

Editors’ Overview
 Takatoshi ITO (University of Tokyo)
 Kazumasa IWATA (Japan Center for Economic Research)
 Colin MCKENZIE (Keio University)
 Shujiro URATA (Waseda University)

The Fall and Rise of Keynesian Fiscal Policy
 Alan J. AUERBACH (University of California, Berkeley)

Fiscal Challenges in the Euro Zone
 Jose Manuel CAMPA (IESE Business School)

Fiscal Prudence and Growth Sustainability: An Analysis of China’s Public Debts
 Gang FAN (Peking University)
 Yan LV (Peking University)

Estimating Non‐Keynesian Effects for Japan
 Keigo KAMEDA (Kwansei Gakuin University)

Global Financial Crisis and ASEAN: Fiscal Policy Response in the Case of Thailand and Indonesia
 Kanit SANGSUBHAN (Fiscal Policy Research Institute)
 M. Chatib BASRI (University of Indonesia)

Takatoshi Ito: Professor, University of Tokyo
Kazumasa Iwata: President, Japan Center for Economic Research
Shujiro Urata: Professor, Waseda University

Managing Editor
Colin McKenzie: Professor, Keio University and Sciences Po

Associate Editors
Mohamed Ariff (Malaysia): Distinguished Fellow, Malaysian Institute of Economic Research, and Professor, International Center for Education in Islamic Finance
Muhammad Chatib Basri (Indonesia): Senior Lecturer, University of Indonesia
Chia Siow Yue (Singapore): Senior Research Fellow, Singapore Institute of International Affairs
Hal Hill (Australia): Professor, Australian National University
Akira Kojima (Japan): Advisor, Japan Center for Economic Research
Jong-Wha Lee (Korea): Professor, Korea University
Marcus Noland (USA): Executive Vice President and Director of Studies, Peterson Institute for International Economics
Takashi Shiraishi (Japan): President, National Graduate Institute of Policy Studies and President, Institute of Developping Economies, Japan External Trade Organization (IDE-JETRO)
Chalongphob Sussangkarn (Thailand): Distinguished Fellow, Thailand Development Research Institute
Akihiko Tanaka (Japan): President, Japan International Cooperation Agency (JICA)
Yongding Yu (China): Senior Fellow, Institute of World Economics and Politics, and Academician, Chinese Academy of Social Studies