Over the past two decades China's growth has been rapid, social indicators have improved, and poverty levels have inched downward. However, widening inequality, increasing resource and financial imbalances, and growing environmental concerns provide China with daunting challenges in improving...

The focus of this volume is on China and India. The authors see them as the principal beneficiaries of the first upheaval, roughly bookended by the crises of 1997-98 and of 2008-09, and as being among the prime movers whose economic footprints will expand most rapidly in the coming decades. If...

Intro -- CONTENTS -- Preface -- Contributors -- Abbreviations and Acronyms -- 1 What Globalization Means for East Asia -- 2 Hanging Together? On Monetary and Financial Cooperation -- 3 Trade and Foreign Direct Investment: A Role for Regionalism -- 4 New Regional Trading Developments in the...