developing Asia. More specifically, we examine the root causes of the large and persistent current account surpluses that have … of welfare and economic growth. Based on our analysis, we recommend a number of concrete policy directions to help Asia …

, emerging markets, and developing Asia. Financial and real economy effects of the crisis on Asia and various channels of … developing Asia are well prepared to cope with this crisis as a result of reforms undertaken in response to the Asian crisis of a … decade ago, and the fact that Asia has accumulated vast foreign exchange reserves through persistent current account …

The global economic crisis in 2008-2009 had varying impacts on economies in Asia and the Pacific. This paper studies …

The pullbacks of capital inflows to developing Asia following the onset of the global financial crisis in 2008 have …

The central objective of this paper is to empirically examine the issue of fiscal sustainability in developing Asia. To …

Developing Asia's financial depth as a whole compares favorably with other parts of the developing world, but there are …

the current global financial system. Asia was adversely affected by the crisis not only because of its dependence on trade …, but also because of its heavy reliance on the US dollar for regional and international transactions. As Asia's role in the … markets, and is more politically feasible in transition. As such, extending the trade settlement scheme to the rest of Asia …