This book focuses on the tremendous shift in both economic growth and development progress taking place towards the Asia-Pacific Region. Each of the countries in the region has various concerns and challenges for its sustainable development, a common goal most of them are trying to achieve at...

Global trade flows : old structures, new issues, empirical evidence / Richard J. Grant, Maria C. Papadakis, and J. David Richardson -- The Uruguay Round and the GATT : whither the global system ? / John Whalley -- Globalism and regionalism : complements or competitors? / Soogil Young -- The...

This paper asks how Asia should prepare for the disorderly correction of global imbalances. It recommends tightening monetary policy and allowing Asian currencies to appreciate as a way of achieving a better balance between internal and external demand. Leaving the overall level of demand...