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Leveraged buyout markets in the Asia Pacific have grown substantially since the 1980s and now play an important role in the market for corporate control. This paper undertakes an international comparative analysis of the emergence and growth of leveraged buyout firms in the Asia Pacific and their role in corporate restructuring, with a focus on Australia, Japan and South Korea. Three distinct periods in the development of these markets are identified. The paper highlights the importance of state involvement and changes in domestic economic policy around financial crises, where governments created new rules to facilitate buyouts as an organisational restructuring solution to distressed companies.

This article recovers domestic economists as important intellectual influences underlying mortgage relief policies enacted during the Great Depression in New Zealand. It examines the opposing policy prescriptions of Professors Barney Murphy and Horace Belshaw on the economic effects of statutory reductions in interest rates and State relief measures; locates Mortgagors' Liabilities Adjustment Commissions' analyses of domestic factors contributing to rural indebtedness in the work of 1920s Canterbury economists; and, at a more quantitative level, questions the emphasis placed on nominal interest rate stability by officials involved in establishment of the Mortgage Corporation.

This book enlarges our understanding of policy analysis produced in 1919-1949 by economists and other social scientists for four international organizations: the League of Nations, the International Labor Organization, the Bank for International Settlements, and the United Nations. Such practitioners include: Cassel, Haberler, Kalecki, Meade, Morgenstern, Nurkse, Tinbergen, and Viner

This 2002 book expands our understanding of the distinctive policy analysis produced between 1919 and 1950 by economists and other social scientists for four major international organizations: the League of Nations, the International Labor Organization, the Bank for International Settlements, and the United Nations. These practitioners included some of the twentieth century's eminent economists, including Cassel, Haberler, Kalecki, Meade, Morgenstern, Nurkse, Ohlin, Tinbergen, and Viner. Irving Fisher and John Maynard Keynes also influenced the work of these organizations. Topics covered include: the relationship between economics and policy analysis in international organizations; business cycle research; the role and conduct of monetary policy; public investment; trade policy; social and labor economics; international finance; the coordination problem in international macroeconomic policy; full employment economics; and the rich-country-poor-country debate. Normative agendas underlying international political economy are made explicit, and lessons are distilled for today's debates on international economic integration