Buckley describes how Britain took the independent step of recognizing the People's Republic of China, a step which led to problems about China being invited to the San Francisco conference. After China's entry into the war in Korea, Hong Kong's trade was squeezed through trade embargos imposed...

A joint symposium between the Japan Society and the London School of Economics and Political Science was held in the Suntory and Toyota International Centres for Economics and Related Disciplines on 9 July 1999 to mark the centenary of Treaty Revision in Japan. In the Bakumatsu period of the...

Peter Davies in his paper outlines the major trends in the development of Japan's commercial shipping prior to World War I. The paper focusses in particular on the role played by the Japanese government, arguing that the promotion of the industry was undertaken primarily not for commercial, but...

This paper presents a model of a search process for the best outcome of many multi-stage projects. The branching structure of the search environment is such that the pay-offs to various actions are correlated; nevertheless, it is shown that the optimal strategy is given by a simple reservation...

We apply duality methods of linear and convex programming to the problems of operation and rental valuation of facilities for conversion and storage of cyclically priced goods, e.g. , energy. Both problems are approached by shadow-pricing the stock (which is a purely intermediate commodity); and...