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...

Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...

Economic integration, encompassing the removal or reduction of trade barriers and the coordination of monetary and fiscal policies, plays a pivotal role in promoting cooperation among nations. This systematic literature review examines the role of global value chains (GVCs) in promoting economic...

Die Feststellung, daß sich das weltwirtschaftliche Gravitationszentrum zunehmend in den asiatisch-pazifischen Raum verlagert, gehört mittlerweile zu den Gemeinplätzen internationaler Politikanalysen. Mindestens ebenso bemerkenswert ist jedoch die verstärkte innerregionale Kooperation auf...