some of these hotly debated economic issuesThe chapter contributors are known experts on China and Asia from both the … Trilemma Configurations in Asia in an Era of Financial Globalization Joshua Aizenman, Menzie D. Chinn and Hiro Ito -- Abstract ….1.2 Output volatility -- 3.1.3 Inflation volatility -- 3.1.4 Medium-run level of inflation -- 3.2 Implications for Asia -- 4 …