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The article focuses on the main issues of regulating and supervising banks in emerging markets with a view toward evaluating the long-run options, particularly in Latin America and East Asia. These economies face a severe policy commitment problem that leads to excessive bailouts and potential devaluation of claims of foreign investors. The paper reviews the tradeoffs imposed by external discipline and examines various proposed arrangements.

This paper discusses methodological differences between universalism and particularism in development economics by focusing on the 'East Asian Miracle' debate. It proposes to build development economics as part of hetero-economics, not mono-economics, following Max Weber's methodology of social science, and suggests developing intermediate theories by abstracting directly from given comparative settings. It also discusses the limitations that are inherent in this method, as well as ways to employ the method in actual analyses. This paper argues that the future task of development economics lies in recombining existing theories and developing new, complementing theories that will systematically delineate the diversity of developing countries. [ABSTRACT FROM AUTHOR]

Scholars of international relations ( IR) simultaneously believe that their work is policy-relevant and that a gap exists between the academic and policy worlds of IR. Using data from the 2011 Teaching, Research, and International Policy ( TRIP) survey and the TRIP journal article database, we explore this disjuncture in one specific area, research on East Asia. If US scholars' work addresses policy-relevant issues, as they believe, we would expect academic work to provide insights on a region that US policy makers have long thought to be growing in strategic importance. We find that academics recognize the strategic significance of East Asia, but comparatively few scholars teach about or do research on the region. Compared with the IR discipline more broadly, published research on East Asia is more paradigmatic, qualitative, and oriented toward the study of international political economy. The neglect of East Asia and the systematic differences in the way it is studied have potentially important consequences for the study and practice of IR. [ABSTRACT FROM AUTHOR]

Since the mid-1990s, China has adopted various multilateral policies to shape a more favorable regional environment. The policy of integration, which accommodates both the United States and neighboring countries’ core interests, can succeed in achieving China's goals in regional multilateral cooperation. On the contrary, the policies of dominance, co-governance, and guidance have been suffering from frustration or failure because they threaten the core interests of either the United States or China's regional partners. The efficiency of China's multilateral policies is strongly shaped by two factors: the dominant United States wary of China's rapid rise and the substantial power gaps between the two states. In the coming decade, China may rise to the second rank in terms of economic capabilities, but the United States can still maintain its dominant position. So China will adhere to the policy of integration to maintain its favorable regional environment in East Asia. China's rising position and its integration policy will result in the continuation of competition in the regional cooperation mechanisms and the stability of the US regional alliance system in the decade to come. [ABSTRACT FROM PUBLISHER]

Presents an analysis of programming on 34 national broadcast television networks in selected Far East Asian countries. National economy's impact on television production; Forecasting television program trade flows.