This paper asks how Asia should prepare for the disorderly correction of global imbalances. It recommends tightening monetary policy and allowing Asian currencies to appreciate as a way of achieving a better balance between internal and external demand. Leaving the overall level of demand...

International linkages in the context of global and regional integration -- Trade integration of the Central and Eastern European countries and China : has it reached potential? -- Patterns and determinants of production fragmentation in world manufacturing trade -- Going global : trade,...

As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been...