This paper examines the changing relationship between trade policy, production networks, and economic growth in Asia …. It traces East Asia's rise to the coveted “Factory Asia” league with rapid growth over several decades through trade … Asia-Pacific Economic Cooperation (APEC) and a multilateral approach under the General Agreement on Tariffs and Trade (GATT …

in East Asia, and the most realistic option is for the region's emerging economies to adopt similar managed floating … interest of East Asia to create a regional monetary anchor through a combination of some form of national inflation targeting … creating a stable monetary zone in Asia, Japan needs to make significant efforts at the national and regional levels and …