This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other...

This paper examines the unfolding of the US subprime-generated turmoil and its potential spillover on emerging Asia's financial systems. The subprime mortgage mess has revealed key structural weaknesses in the evolution of modern credit markets. While emerging Asian financial markets have thus...

The Greater Mekong Subregion (GMS) Economic Cooperation Program has adopted a multisector approach to economic corridor development, requiring multisector investments, increased inter-sector coordination, and enhanced knowledge platform. An area of concern is facilitating safe labor migration....