's markets. However, despite the higher liquidity and lower levels of global integration, the effects of the crisis in Asia were …

This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in …

is a growing consensus that Asia's reserves now substantially exceed the levels required for precautionary purposes or … reserves in developing Asia have in fact reached excessive levels. Informal tests of reserve adequacy based on widely used … confirm the popular belief that developing Asia now has excessive foreign exchange reserves. Therefore, the short-run policy …

Rising economic integration in Asia and periodic volatility in global and national financial markets raise the issue of … costs of monetary cooperation, however, less can be found with a specific focus on Asia. A number of studies have explored … whether Asia might form an optimal currency area, although these have focused on the nature of shocks, in particular business …

The global economic crisis in 2008-2009 had varying impacts on economies in Asia and the Pacific. This paper studies …

paper aims to identify the trade agenda that represents Asia's concerns for the global and regional trading system. Asia, in … particular East Asia, has played an important role in evolving the global production and trade networks. The regional production … network in East Asia became the major transmission mechanism of the crisis, resulting in a trade collapse, but Asia …

This paper examines the unfolding of the US subprime-generated turmoil and its potential spillover on emerging Asia …