This paper presents an examination of economic and financial linkages for a selection of economies in the Asia-Pacific region for the period 2001 to 2012. The countries examined are the ASEAN5 group of nations – Indonesia, Malaysia, the Philippines, Singapore and Thailand; the three large...

Frontmatter -- Contents -- List of contributing authors -- List of abbreviations -- Introduction -- Part I: Region and Trade -- 1 Region as a small open economy and an exporter -- 2 The role of openness in the economic growth of regions -- Part II: State of Art -- 3 Regions’ trade openness --...

This paper develops a simple model to examine the reasons behind the capital inflow surges into selected Asian economies in the 1990s prior to the financial crisis of 1997-98. The simple analytical model reveals that persistent uncovered interest differentials and consequent capital inflows may...