Defining business cycles as fluctuations of the period of the cycle of less than eight years, the author explores the business cycles of the USA and seven East Asian economies, i.e. Japan, Hong Kong, South Korea, the Philippines, Singapore, Taiwan and Thailand. International co-movements in GDP...

The international garment trade was liberalized in 2005 following the termination of the Multifibre Arrangement (MFA) and ever since then, price competition has intensified. Employing a unique firm dataset collected by the authors, this paper examines the changes in the performance of Cambodian...