In the GLDN seminar, the recovery procedures in the aftermath of the Kobe earthquake and the Asian tsunami were discussed. This introduction to Catastrophe Risk Financing Frameworks seminar provided participants with an understanding of catastrophe risk financing frameworks. In addition, it...

"This paper examines the impact of reducing corruption and improving transparency to lower trade costs in the Asia Pacific Economic Cooperation region. The authors find, based on a computable general equilibrium model, significant potential trade and welfare gains for Asia Pacific Economic...

Developing East Asia is battling the forces of global recession. The impact of the crisis in the advanced countries was transmitted to the economies of the region with unusual speed. In the region, the initial global financial turbulence was marked by sudden reversals of capital flows in the...