(FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have been small. The relative … insulation of emerging Asia from the global financial cycle can likely be attributed to the presence of managed capital accounts … developing Asia is likely to be small. …

Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus … our analysis is that there is still room to strengthen such policies in Asia to better achieve growth with shared … on inclusive growth could be sizeable in emerging Asia, since the estimated improvement in our proxy of inclusive growth …

This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia … policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to …

vector auto-regression model, we show that long-term interest rates in Asia are indeed predominantly driven by global factors …-term interest rates. Nevertheless, the monetary transmission mechanism, though effective, is somewhat weaker in Asia during the …

examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia …, the credit supply response in Asia was only about half the size of the response in non-Asian countries, possibly due to a …