Over the past 2 decades, income inequality has moderated in three middle-income countries in Southeast Asia—the Philippines, Thailand, and Viet Nam—with multiple factors at play. In each country, wage, nonfarm business income, and overseas remittance concentrations declined as less well-off...

This paper attempts to construct leading indicator systems for the Malaysian and Philippine economies using publicly available economic and financial data, with a view to predicting turning points of growth cycles in the two countries. The results show that during the sample period of January...

Using an early warning system model, this paper provides empirical evidence on the causes of the 1997 Asian financial crisis, with a view to shedding light on policy lessons. The model shows that there were warning signals of heightened economic and financial vulnerabilities in each of the five...

Over the past 2 decades, income inequality has moderated in three middle-income countries in Southeast Asia-the Philippines, Thailand, and Viet Nam-with multiple factors at play. In each country, wage, nonfarm business income, and overseas remittance concentrations declined as less well-off...