In the face of the lower bound on interest rates, central banks have relied on unconventional policy tools such as large-scale asset purchases and forward guidance to try to affect long-term interest rates and provide monetary stimulus to the economy. Assessing the impact of these measures and...

The political dimension of finance in economic development / Stephan Haggard and Chung H. Lee -- Financial policy and big business in Korea : the perils of financial regulation / Byung-Sun Choi -- Guarding the commanding heights : the state as banker in Taiwan / Tun-Jen Cheng -- The politics of...