, macro-financial linkages, and macroprudential policies in emerging Asia. The key result is that macro-prudential measures …

economic centers may have contributed to this relatively poor performance. However, the emergence of Asia as a global economic … center presents Pacific island countries with an unprecedented opportunity to develop trade with Asia, particularly in …

countries are addressing and anticipating the challenges of an aging society. It suggests that Asia's preparedness for an aging …

time, the major recipients have changed: while the share of aid to Asia has diminished since the 1980s, that destined for … sub-Saharan Africa has grown. There is some evidence that, since the late 1990s, debt relief has assumed a larger share of … the increased aid flows to sub-Saharan Africa. The share of technical cooperation-a component of aid that is viewed as …

Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of …

This paper assesses financial integration in Asia in terms of risk-sharing benefit versus financial-contagion cost. We … discount factors. Risk sharing is low in Asia, and varies across time and countries, whereas contagion risks are more … differentials. Asia, therefore, can potentially enhance risk sharing without raising contagion risk. …

The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …