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given underlying weaknesses in the region's financial systems. Rapid financial globalization also poses new challenges as …
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This paper discusses conceptual and operational issues related to regional surveillance for East Asia, which is a topic that has assumed considerable prominence in recent months. The need for regional surveillance is both immediate and evolving. For the immediate need, a surveillance mechanism...
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Although new and strengthened regional institutions have emerged in most regions of the global economy, institutional variation has persisted. The key dimensions of institutional variation considered here are decision rules; commitment devices, such as legalization and enfranchisement; and...
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the facility, preferring to turn to multilateral institutions such as the ADB, World Bank and IMF or enter into bilateral …
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Die überraschend schnelle wirtschaftliche Erholung der asiatischen Krisenländer (Indonesien, Korea, Malaysia, die Philippinen und Thailand) ging mit makroökonomischen Anpassungsmaßnahmen und strukturellen Reformen im Finanz- und Unternehmenssektor einher. Gleichwohl unterscheiden sich die...
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