"This paper surveys the growing literature on monetary cooperation in East Asia that goes beyond the Chiang Mai Initiative. It compares and contrasts the various proposals for cooperation such as the Williamson basket peg, the Asian monetary system, and the yen block as to their crisis...

A common view holds that the trend toward Asian financial regionalism is a relatively new phenomenon that became significant after the Asian financial crisis of 1997/98. This paper challenges this view by exploring and analyzing financial regionalist projects in Asia throughout the 1990s. As...

Income growth in rural areas may be one of the greatest challenges to further poverty reduction and economic development. Using a new survey of rural Bhutanese households we investigate the short-term economic, social, and psychosocial benefits of a vocational skills training program that was...