the “engine of growth.” It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 2 of the paper reviews the role of Asia's developmental states in consciously …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 …This paper argues that the single most important factor that explains East Asia's development success was its fast …

conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in …

commonality through return and volatility. Cross-market liquidity commonality in Asia increased significantly during and after the …

While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia's growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia's medium- and long-term growth. The overarching implication for policy makers is that supply …

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 this paper, we analyze the determinants of the domestic saving rate in developing Asia during 1966-2007 and find … project future trends in domestic saving rates in developing Asia for 2011-2030 based on our estimation results, and find that … the aging of the population will be the main determinant of future trends in domestic saving rates in developing Asia …

Although a latecomer, economically important Asia has emerged at the forefront of global free trade agreement (FTA … encourage a regionwide FTA. Political economy considerations suggest that a likely scenario is for FTA consolidation in Asia …