This paper surveys recent literature on the design of international institutions and applies the insights from it to the prospects for regional economic cooperation in the Asia-Pacific. The political and economic heterogeneity of the region has served the process of regional economic...

The future creation of a region-wide economic agreement in Asia has become the hot issue among trade policymakers in the region. The APEC 2010 Summit Statement clearly states that the members should pursue a Free Trade Area of the Asia-Pacific (FTAAP), building on various ongoing regional...

Since 2006, the World Bank has been ranking almost 200 countries in terms of their ease of doing business (EoDB) to underscore the importance of a thriving private sector in promoting high and inclusive growth. Comparing these metrics for business friendliness among economic partners is more...