This paper examines the gains for South Asian economies from integrating with East Asia and India’s role in this process. Evidence of increased pan-Asian integration exists but the process is uneven. Bilateral trade has grown. Bilateral foreign direct investment flows and free trade...

The first decade of economic and monetary union in Europe (EMU) has been a huge success. EMU has significantly benefited its member countries and accelerated the European integration process. Imbalances within EMUdifferences in growth, inflation, competitiveness, current account and budget...

In this paper we explore the role of the static, selection and dynamic corporate governance changes on performance of commercial banks. We use stochastic cost frontier and panel data methods for an unbalanced panel data of Pakistani banks from 1991 to 2005. We find overall bank cost inefficiency...

The promise and potential of the Philippine economy has remained unrealized notwithstanding the countrys talented labor force, skilled professionals and relatively abundant resources. What ails the Philippines? This paper argues that the incompetence and downright corruption of Philippine...

In order to explain the apparently paradoxical presence of acceptable governance in many non-democratic regimes, economists and political scientists have focused mostly on institutions acting as de facto checks and balances. In this paper, we propose that population plays a similar role in...

The Asia and Pacific region and Latin American and Caribbean region are two regions divided not only by vast geographic distance, but also by disparities in economics, politics, culture, and history. Most recently, a number of forums explored the possibility of closing such gaps and linking the...

The Association of Southeast Asian Nations (ASEAN) is getting increasingly assertive as a player in regional and world arenas. The group, which includes Indonesia, the Philippines, Thailand, Singapore, Malaysia, Viet Nam, Laos, Burma, Cambodia and Brunei, has focused on economic integration...

ECONOMIC ENGINE : Chinas continuous high-speed development is to further consolidate the status of Asia in the world. As a non-governmental, non-profit organization aimed at facilitating high-level dialogue between government and business leaders from across the region, Boao Forum for Asia (BFA)...

Ten years after the crisis, Indonesia is still struggling to solve the problems in four major issues : economic stabilization and recovery, democratic transition and political reform, decentralization of political power, and the redefinition of national identity. This paper will explain the...