examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia …

A reduction in the U.S. current account deficit vis-à-vis emerging Asia involves a shift in demand from U.S. to … emerging Asia tradable goods and a change in international relative prices. This paper quantifies the required adjustment in … Asia. We compare scenarios where both Chinese and other emerging Asian export prices change by the same proportion to the …

Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of …

The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …

paper is to assess whether this is true for emerging Asia's economies. Using a dynamic factor model and a structural vector … auto-regression model, we show that long-term interest rates in Asia are indeed predominantly driven by global factors …

determinants, which include trade and financial linkages, as well as policies. In line with Asia's growing role in the global …

This paper assesses how pro-poor and inclusive Asia's recent growth has been, and what factors have been driving these …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia … policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to …

be a special case. Much of the reserve increase in Asia can be explained by an optimal insurance model under which … observed growth in reserves since 1997-98. Using threshold estimation techniques, the paper shows that most of Asia ca …