. Using this new approach, findings show there is not yet an RMB bloc in East Asia, contrary to claims made by some recent … currency in East Asia. …

This paper studies how East Asia’s trade composition and orientation have changed over the past decade and analyzes the … chains, in which production is divided into production stages or tasks across the most competitive locations. East Asia has … described as “Factory Asia” (Baldwin 2008). Introducing a new and simple analytical tool, we show that over the past decade East …

East Asia has also risen. The PRC introduced some exchange rate flexibility in July 2005, and in the wake of the global … policy of the PRC has significant implications for exchange rate regimes in emerging East Asia. This paper examines the … behavior of the RMB exchange rate and the impact of RMB movements on those of other currencies in emerging East Asia during the …

Empirical evidence suggests that the emergence of international production networks in East Asia results from market …

The formation of regional production networks in East Asia has occurred mainly through market forces, without much help …’s health on the other—have rendered more urgent the need for intergovernmental cooperation at global and regional levels. Asia …

implication is that governments in Asia should continue and/or strengthen pension reforms towards more pre-funding of future …

Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …

As Asia considers greater harmonization and integration of its financial systems, it would be well-advised to consider … formally as a lender of last resort in a financial crisis. Europe’s experiences should not dissuade Asia from seeking … appropriate further harmonization and integration. However, they do argue strongly for Asia to take the kind of careful, step …