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INTERNATIONAL FINANCIAL INTEGRATION
EXTERNAL STABILITY AND GROWTH
VH MACROECONOMIC STABILITY AND STRUCTURAL
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access to international American ASEAN Asia Asian economies Australia-Japan Research Centre balance of payments budget deficit capital flows current account deficits developing countries East Asian growth expansion expenditure external balance external imbalance external payments external stability factors of production fiscal policy floating exchange rate food markets Garnaut and Baxter Growth and External Hong Kong important Increasing financial integration Indonesia integrated into international international financial integration international financial markets international markets international system international trading system internationally-oriented growth investment rates Japan and Taiwan Krause and Sundberg Krueger Kuala Lumpur conference living standards macroeconomic adjustment macroeconomic instability macroeconomic management macroeconomic problems Malaysia manufactured exports Northeast Asian oil price outcome Pacific economies Pangestu Papua New Guinea payments deficits payments imbalances payments surpluses Philippines price fluctuations primary commodities private savings real exchange rate recent reducing savings rates STABILITY AND GROWTH sustained Taiwan and Korea terms of trade Thailand trade liberalisation trade policy Zealand