This paper argues that the single most important factor that explains East Asia's development success was its fast … as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …

from the North Atlantic, raising the importance of Asia in world trade, and boosting SouthSouth trade. How will trade … patterns change over the next 2 decades in the course of economic growth and structural changes in developing Asia and the rest …, and (iii) various trade policy reforms in developing Asia without and with policy reforms also in the Northʺ and in …

We examine the determinants of financial development in Asia and the Pacific from 1995 to 2011. To do so, we apply the …

This paper argues that developing Asia is overlooking an opportunity for increased growth and development through trade … in business services. Developing Asia would benefit from liberalizing services trade as it has benefited from … liberalizing goods trade. This argument rests on these key findings: business services are important for growth, developing Asia is …

Broadly speaking, developing Asia and Latin America are at similar income and development levels. Relative to the … experience with inclusive fiscal policy can offer valuable lessons for developing Asia in its new-found quest to leverage public … general implications for Asia, of particular interest is its generally successful experience with conditional cash transfer …

of developing Asia, compared to the world average. The findings from panel instrumental variable regression confirm … of developing Asia, where this effect appears to be strongest. By contrast, domestic trade potential represented by … country size is found to be less relevant a factor in explaining the rise in income of developing Asia. In light of a likely …

in arresting continuing environmental degradation in the Asia and Pacific region. Quoting examples, the paper asserts …