This paper revisited the twin deficits argument in the Asian crisis-affected countries. We also include the data from the 1997 crisis to examine the disparities in the empirical regularities and governing the two deficits in these countries. Empirical results suggest that causality runs from...

Environmental sustainability is the future of business. To achieve sustainable development and gain a competitive advantage in the business world, companies must adapt new practices to 'go green.' While market leader China has implemented a 'New Infrastructure' plan to increase green growth,...