This study asks whether Cambodia's establishment of Special Economic Zones (SEZs) since late 2005 has been successful, based on the evidence to date. SEZs have attracted significant levels of foreign investment into the country that would not have been present otherwise, creating around 68,000...

Five years after the global financial crisis, the economies of the United States and the eurozone continue to struggle. How will Southeast Asian economies be affected should there be a further deterioration in conditions in the eurozone? In this paper, we present estimates using a Global Vector...

Private investment in Malaysia has been sluggish since the Asian Financial Crisis. One explanation is that the growing presence of state-owned enterprises (SOEs) or government-linked corporations (GLCs) has been crowding out private investment. For the first time, we provide empirical evidence...