Equilibrium (CGE) model, to evaluate the economics of monetary/financial integration and various configurations of FTAs in Asia …. We conclude that, at present, the postsequencing of economic integration in Asia is developing such that trade agreements …Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years …

This paper asks how Asia should prepare for the disorderly correction of global imbalances. It recommends tightening … easily if they are coordinated within Asia. …

In this paper, we investigate the degree of real economic interdependence between emerging Asia and major industrial … countries to shed light on the heated debate over the "decoupling" of emerging Asia. We first document the evolution of …, the reverse is also true. Output shocks from emerging Asia (and the People's Republic of China [PRC]) have a significant …