Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years … sequence, is there a case for monetary union in East Asia? Is there a case for expanded free-trade areas (FTAs) in the region … Equilibrium (CGE) model, to evaluate the economics of monetary/financial integration and various configurations of FTAs in 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 …

paper we explore the implications of such broad-based regional trade initiatives in Asia highlighting the bridging of the … for East Asia is that China, Japan, and Korea be brought into any scheme for deeper regional integration. This matter … alone drives most of the income and trade effects in the East Asia region across all our scenarios. The inclusion of the …

The resilience of developing Asia since the global financial crisis, on top of its historic economic success, has …