Unique in its unbiased perspective, An Asian Perspective traces the history of macro economics, 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.