An important aspect of macroeconomic interdependence in the Asia Pacific region is the adjustment of trade and current account balances in response to changes in saving and investment rates in individual economies. Greater trade flows, reliance on imported intermediate goods as well as more...

Foreign direct investment in low-wage, low-skill activities -- Improving the treatment of workers at the bottom by providing a path up from below -- Core standards for the treatment of workers around the world -- WTO-based enforcement of core labor standards -- Voluntary mechanisms for improving...