This paper examines the unfolding of the US subprime-generated turmoil and its potential spillover on emerging Asia …

investigations suggest that (i) using the quantity measure there is a significant increase in real integration within East Asia; (ii … cross-country consumption relation did not change much; (iv) the degree of regional financial integration within Asia is far … lags real integration, especially for regional integration within Asia. …

In this paper, we investigate the degree of real economic interdependence between emerging Asia and major industrial … countries to shed light on the heated debate over the "decoupling" of emerging Asia. We first document the evolution of …, the reverse is also true. Output shocks from emerging Asia (and the People's Republic of China [PRC]) have a significant …

the rapid transformation of the Asian economy, the challenges it faces, emerging regional solutions, and how Asia can play … a more constructive role in the global economy. Asia is becoming not just the world’s factory, but also its leading … creditor, and one of its key sources of dynamism and stability. Key questions are identified and addressed in three areas: Asia …

exchange has increased significantly over time, and now approaches that in the European Union. Nonetheless, Asia's official …

significantly since the 1997/98 Asian financial crisis. However, emerging Asia's local currency bond markets remain generally …