We investigate changes in Asia's regional and global trade linkages and their influence on macroeconomic relationships … among Asia, Europe, and United States (US). We first document changes in trade patterns of East Asia, Europe, and US and … discuss stylized facts about East Asia's trade structure. The People's Republic of China (PRC) plays a critical role as an …

This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an … economies, and consumption and investment dynamics. We find that faster productivity growth in the service sector in Asia …

Using a growth accounting framework, we find that developing Asia grew rapidly over the past 3 decades mainly due to … the convergence phenomenon. By expanding at robust rates, developing Asia will account for close to two thirds of the …

This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an … economies, and consumption and investment dynamics. We find that faster productivity growth in the service sector in Asia …