We analyze the effects of early-life shocks with varying degrees of severity on mortality and human capital outcomes in the Philippines. We exploit variations in typhoon exposure and the introduction of a short-term post-disaster relief policy. Severe
typhoons are associated with increased mortality and adverse long-term outcomes. Before the disaster relief policy, mortality from in utero exposure to severe typhoons was 10 percent, and survivors exhibited similar levels of human capital as the unaffected.

Since the time of Lee Kuan Yew (1923–2015), Singapore’s leaders have refused to infer, merely from the country’s size and composition, a need to appease the People’s Republic of China (PRC). They have remained averse to the notion that little countries should kowtow to big ones, and they firmly reject the idea that their country is somehow racially embedded in a “greater China” whose roads all lead to Beijing.

Abstract

Ethnicity and immigration status may play a role in entrepreneurship and innovation, yet the impact of university entrepreneurship education on this relationship is under-explored. This paper examines the persistence and differences in entrepreneurship by ethnicity and nationality. We find that among Stanford alumni, Asian Americans have a higher rate of entrepreneurship than white Americans. However, non-American Asians have a substantially lower, about 12% points lower, start-up rate than Asian Americans.

Highly readable yet deeply researched, this book serves as an essential guide to the many ways in which Japan has risen to become one of the world's most creative and innovative societies.

• Challenges conventional views of Japan as mired in two unproductive "lost decades" by documenting the myriad ways in which the nation has embraced creativity and innovation

• Describes the ways in which Japan has transformed our lives and explains the guiding principles of one of the world's least understood, most vibrantly creative societies

Given that much of the global leadership in value creation over the past couple of decades has been driven by the Silicon Valley model – not only a geographic region but a distinct ecosystem of complementary characteristics – the basic question this paper asks is how far Japan’s Abenomics reforms are pushing Japan towards being able to compete in an era dominated by Silicon Valley firms. 

Artificial Intelligence (AI) is rapidly becoming one of the underlying drivers of the next wave of industrial transformations. There is every reason to believe that we are on the cusp of a sea change in how human activities and decision-making are transformed by abundant computing power. This research note will provide the basis for understanding the conceptual building blocks and paradigmatic examples of how the development of AI is accelerating, and how its deployment will be transformative. 

Using a unique dataset on all major corporate restructuring events in Japan between 1981 and 2010, we assess changes in the role of the main bank in guiding corporate turarounds, and the economic consequences of these changes for distressed firms. We identify firms in distress among all listed firms based on accounting data, and we separately identify firms undergoing corporate restructuring based on a newspaper search for the Japanese term “saiken”.

This paper examines how the spatial distribution of economic activity evolved within North Korea during a period of economic sanctions. Countries have used economic sanctions to isolate North Korea from the benefits of international trade and finance. China, however, has not imposed the sanctions, and consequentially has offset the trade restrictions imposed by other countries.

This paper examines the impact of government guaranteed small business loans on regional growth. I construct a metro-level panel of the Small Business Administration's guaranteed loans and examine economic growth between 1993 and 2002, across 316 metro areas in the US. A simple OLS regression finds a significant positive relationship between small business loans and regional growth. However, first-difference and instrumental variable regressions that mitigate endogeneity find no significant employment or income growth effects from small business loans.

The development community has increased its focus on higher education over the past two decades, recognizing that education can contribute to building up a country’s capacity for participation in an increasingly knowledge-based world economy and accelerate economic growth. The value added by higher education to economies—job creation, innovation, enhanced entrepreneurship, and research, a core higher education activity—has been highlighted by an important body of literature. 

Peace on a Knife’s Edge is the translation of Lee Jong-Seok's 2014 memoir of South Korean president Roh Moo-hyun's efforts to bring peace to the Korean Peninsula in the face of opposition at home from conservative forces and abroad from the Bush administration’s hard stances of “tailored containment” and its declaration of the North as part of the “axis of evil.”

Abstract

Abstract
Substance abuse has been an important social and public health problem in Thailand for decades. The National Household Survey on Substance and Alcohol Use in Thailand, which has been conducted six times, shows that substance abuse has steadily increased.

Japan is known to have an exceptionally low level of inward foreign direct investment (FDI). The promotion of inward FDI is one of the policy goals of Abenomics structural reforms. This present paper studies the accumulation of Japan's inward FDI stock during the first 3 years of Abenomics (2012–2015), and finds no evidence that Japan's inward FDI stock increased more than the trend before Abenomics started would have predicted.

Part of an eighteen-month Academy project on Civil Wars, Violence, and International Responses, the essays

Abstract

Despite recent reductions in prevalence, China still faces a substantial tuberculosis (TB) burden, with future progress dependent on the ability of rural providers to appropriately detect and refer TB patients for further care.

In this book, Gi-Wook Shin shares his observations on and provides recommendations for social maladies currently affecting Korean society.

Health insurance holds the promise of improving population health and survival and protecting people from catastrophic health spending. Yet evidence from lower- and middle-income countries on the impact of health insurance is limited. We investigated whether insurance expansion reduced adult mortality in rural China, taking advantage of differences across Chinese counties in the timing of the introduction of the New Cooperative Medical Scheme (NCMS).

The future of ASEAN is necessarily unknown. Its futures, however, can be guessed with less risk of being wrong. The purpose of this article is not to predict with confidence but to "pandict" with reticence—not to choose one assured future but to scan several that could conceivably occur. Also, what follows is merely a range of possible futures, not the range. The five different ASEANs of the future all too briefly sketched below are meant to be suggestive, but they are neither fully exclusive nor jointly exhaustive. Potentiality outruns imagination.

Objective To investigate the situation of parenting behavior and related risk factors in infants aged 18~30 months from rural areas of southern Shaanxi Province. Methods A total of 1,243 infants and their families from rural areas of southern Shaanxi Province, China. A multivariate regression analysis and T-test were performed to determine the risk factors for the parenting behavior in caregivers. Results 1) The mother was the primary caregiver for 67.34% of the children in the sample.

Abstract