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Research Interests: International and Domestic Macroeconomics, Economic
Growth, Comparative Economic Systems. Current Research: Sustainable Economic Growth, Provision of Global
Public Goods, Economic Geography, Fiscal Decentralization, Restructuring of
State-Owned Enterprises, International Capital Flows. With emphasis on Selected Publications: “Indonesia’s
Economic Performance in Comparative Perspective, and a New Policy Framework
for 2049,” (forthcoming in Bulletin of Indonesian Economics
Studies). “Getting
Malaysia Out of the Middle-Income Trap” (August 2009) “China in the
Current Global Economic Crisis” (Testimony
before the U.S.-China Economic and Security Commission in Panel II: China’s
Short Term and Long Term Economic Goals and Prospects at Hearing on
"China's Role in the Origins of and Response to the Global Recession"
Tuesday, February 17, 2009, Room
562, Dirksen Senate Office Building) “The
Parallel Partial Progression (PPP) Approach to Institutional Transformation
in Transition Economies: Optimize Economic Coherence Not Policy Sequence,”
(with Gang FAN), Modern China, forthcoming. "Updating
China’s International Economic Policy After Thirty Years of Reform and
Opening: What Position on Regional and Global Economic Architecture?”
Journal of Chinese Economic and Business Studies, forthcoming “Understanding the Sources of Friction
in U.S.-China Trade Relations: The Exchange Rate Debate Diverts Attention
Away from Optimum Adjustment,” Asian Economic Papers, Vol. 7
No. 3, Fall 2008, pp. 65-99. “The
Malaysian Elections of 2008: The Message is Reform or Oblivion”
(March 2008) "Facing Protectionism Generated by Trade
Disputes: China's Post-WTO Blues" (with Geng
Xiao), Paper prepared for the China Update 2007 Conference, Integrating
Markets in China: Domestic and International, to be held at The Shine
Dome, Acton, Australian National University in Canberra, Australia on 12 July
2007. "What are the
High-Probability Challenges to Continued High Growth in China?" Paper prepared for the conference Assessing
the Power of http://www.carnegieendowment.org/events/index.cfm?fa=eventDetail&id=929&&prog=zch “The Structural Nature of Internal and External
Imbalances in China,” Journal of Chinese Economic and Business
Studies, February 2006. "Understanding
African Poverty: Beyond the Washington Consensus to the MDG Approach,"
(with Gordon McCord, Jeffrey D. Sachs) in Jan Joost
Teunissen (editor), “Understanding African Poverty: Beyond
the Washington Consensus to the Millennium Development Goals (MDG) Approach,”
(with Gordon McCord and Jeffrey D. Sachs), December 2005. “Serious
Inadequacies of the Washington Consensus: Misunderstanding of the Poor by the
Brightest,” in Jan Joost Teunissen and Age Akkerman, Diversity
in Development: Reconsidering the Washington Consensus, FONDAD, 2004,
download from: http://www.fondad.org/publications/diversity/contents.htm “The Poverty Challenge for China
in the New Millennium” (with LI Shi, YUE Ximing,
Harry WU Xiaoying, and XU Xinpeng),
October 1, 2004. Testimony at Hearing of
U.S.-China Commission on Economic and Security Review on "The Consequences of China's WTO Accession on
its Neighbours," (with “Some Unorthodox Thoughts on
China’s Unorthodox Financial Sector,” China Economic
Review, Vol. 13, 2002. “The Relative
Contributions of Location and Preferential Policies in China’s Regional
Development,” (with Sylvie Demurger,
Jeffrey D. Sachs, Shuming Bao,
and Gene Chang), China Economic Review, Vol. 13, 2002. Chinese language version appeared in
September 2002 issue of Jingji
Yanjiu. “Geography, Economic Policy
and Regional Development in China,” (with Sylvie Demurger, Jeffrey D. Sachs, Shuming
Bao, Gene Chang, and Andrew Mellinger) “Recent
Claims of China’s Economic Exceptionalism:
Reflections Inspired by WTO Accession,” China Economic Review,
Vol. 12 No. 2-3, 2001 (reprinted in Ding Lu, G.J. Wen,
and Huizhong Zhou, editors, Globalization and
the Chinese Economy, Ashgate Publishing, 2002). "Economic
Reforms and Constitutional Transition," (with Jeffrey D. Sachs and Xiaokai Yang), Annals of Economics and Finance,
Volume 1, Number 2, November 2000, pp. 435-491 (reprinted in Tran Van Hoa (ed.), Economic Crisis Management - Policy,
Practice, Outcomes and Prospects as Chapter 4, pp. 28-85, Edward Elgar,
2002). "Lessons
from the Asian Financial Crisis, and the Prospects for Resuming High Growth,"
in Lok-Sang Ho and Chi-Wa
Yuen (ed.), Exchange Rate Regimes and Macroeconomic Stability, Kluwer Academic Publishers, 2002. "The Asian
Financial Crisis: Hindsight, Insight, Foresight" ASEAN Economic
Bulletin, August, 2000. “The
Unorthodox Origins of the Asian Currency Crisis: Evidence from Logit Estimation," (with Patrick Damien
Carleton, and Brian Pilapil Rosario), ASEAN
Economic Bulletin, August, 2000 The
Asian Financial Crisis: Lessons for a Resilient Asia, (edited with Jeffrey D. Sachs and Klaus Schwab),
MIT Press, 2000. Selected Chapters: · Chapter 1: Sachs and Woo, “A Reform Agenda for a Resilient Asia”
· Chapter 2: Sachs and Woo, “Understanding the Asian
Financial Crisis” · Chapter 8: Radelet and
Woo, “Indonesia:
A Troubled Beginning” · Chapter 11: Perkins and Woo, “Malaysia: Adjusting to Deep
Integration with the World Economy” "The Real Reasons for China's Growth," The "Some Observations on the Ownership and Regional Aspects in
Financing the Growth of China's Rural Enterprises ,"
Revue d'Economie du Developpement,
Juin 1999. "Chinese Economic Growth: Sources and Prospects,"
in Michel Fouquin and Francoise Lemoine
(edited), The Chinese Economy, Economica,
1998. Economies
in Transition: Comparing Asia and Economic Reform
and Fiscal Management in Macroeconomic
Crises, Policies and Long-Term Growth in "The
Art of Reforming Centrally-Planned Economies: Comparing China, Poland and
Russia," Journal of Comparative Economics, June 1994 "How
Successful Has Chinese Enterprise Reform Been? Pitfalls in Opposite Biases
and Focus," (with Wen Hai,
Yibiao Jin and Gang Fan), Journal of Comparative
Economics, June 1994. “Saving
Behaviour under Imperfect Financial Markets and the
Current Account Consequences,” Economic Journal, May 1994. “Structural
factors in the economic reforms of China, Eastern Europe, and the Former
Soviet Union,” (with Jeffrey D. Sachs), Economic Policy, April
1994. "The Art of Economic Development:
Markets, Politics, and Externalities," International Organisation, Vol. 44 No. 3, Summer 1990 “Some
Evidence of Speculative Bubbles in the Foreign Exchange Market,”
Journal of Money, Credit and Banking, November 1987. |
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