Deregulation and Interdependence in the Asia-Pacific Region

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Overview

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.

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Product Details

Meet 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.

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Table of Contents

Acknowledgments
Introduction 1
1 Regulatory Reform and International Trade Policy 13
Comment
Comment
2 International Trade Aspects of Competition Policy 55
Comment
Comment
3 Market Design and Price Behavior in Restructured Electricity Markets: An International Comparison 79
Comment
Comment
4 Competition in the Japanese Distribution Market and Market Access from Abroad 139
Comment
Comment
5 Hong Kong's Business Regulation in Transition 157
Comment
Comment
6 Toward a More Liberal Sky in Japan: An Evaluation of Policy Change 195
Comment
Comment
7 The Reform of the Business Service Sector: The Case of Taiwan's Financial System 227
Comment
Comment
8 Interest Rates, Credit Rationing, and Banking Deregulation in Taiwan 255
Comment
9 Financial Deregulation and Competition in Korea 277
Comment
Comment
10 Deregulation, Profit, and Cost in Commercial Banking: The Case of Hong Kong 305
Comment
11 Telecommunications Liberalization: A Taiwanese Perspective 327
Comment
12 Competition Policies for the Telecommunications Industry in Korea 351
Comment
13 China's Telecommunications Infrastructure Buildup: On Its Own Way 371
Comment
Comment
14 Telecommunications Liberalization: The U.S. Model 415
Comment
Comment
Contributors 437
Author Index 439
Subject Index 443
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