I analyze the risks in the banking systems in East Asia using the standard supervisory framework, which assesses … tests indicate that the largest banking systems in East Asia have a total of almost US$1.2 trillion in Tier 1 capital and a …

for East Asia's financial cooperation, including: (i) regional economic surveillance led by the Economic Review and Policy …

preventing and mitigating financial crises? This paper reviews and compares the experiences of Europe and Asia, which have taken … this background, the crisis is a wake-up call for further progress on monetary integration in Asia along the lines of the …

This paper examines the motivation for, and the success of, regional efforts in Asia to promote local currency bond …

adjustment to the postcrisis challenges. We point out that emerging Asia has converged to a middle ground of the trilemma … smoother adjustment of emerging Asia to the crisis, and was instrumental in inducing the rapid resumption of growth. The swings … challenges facing emerging Asia's adjustment during the global financial crisis, and the postcrisis policy stance dealing with …

between helping themselves and helping the global economy. Asia is striving for modes of regional cooperation that are, on … integration and openness. The main policy findings are that Asia's future standing in an increasingly multi-centered world economy … international gains will depend on Asia's willingness to make serious advances in regional collective action and global leadership …