Contents

pp v-vi

Acknowledgements

pp vii-viii

Introduction

pp ix-xii

List of Contributors

pp xiii-xiv

PART I - Economic Fluctuations: Macroeconomic Effects and Policy Responses

pp 1-2

1 - Macroeconomic Impacts of a Financial Crisis

pp 3-26

2 - Capital Inflow Reversals, Current Account Adjustments, and Macroeconomic Performance

pp 27-50

3 - Supply-Side Causes of Macroeconomic Fluctuations in a Small Open Economy

pp 51-66

4 - Effectiveness of Fiscal Stimuli

pp 67-76

5 - Public Debt Sustainability and Its Macroeconomic Impacts

pp 77-96

PART II - Economic Co-operation in Southeast Asia

pp 97-98

6 - Gains from Intra- and Inter-Regional Trade and Economic Co-operation

pp 99-123

7 - From Economic Reform to Closer Economic Ties: Regional- and National-Level Issues

pp 124-149

8 - Macroeconomic Surveillance and Financial Co-operation

pp 150-168

Index

pp 169-182