Unique in its unbiased perspective, Macroeconomics: An Asian Perspective traces the history of macroeconomics, the evolution of macroeconomic thought and the resulting theories and policies. All points of view are covered and the result is a comprehensive and detailed view of modern macroeconomic theory. This revised edition is 'Asianized' to incorporate empirical evidence and illustrations from the major East Asian economies including Japan, the newly-industrializing economies and the Association of Southeast Asian Nations