1 The Chinese Birdcage -- 2 Western Triumphalism -- 3 China as the World's Factory -- 4 Housing Bubbles across the … Western Hemisphere -- 5 The Global Financial Crisis -- 6 The Economic Fallout -- 7 Unlimited Supplies of Labor -- 8 China …This book vividly describes how China’s rise in the early 2000s led to rising profits and declining labor income …

paper aims to identify the trade agenda that represents Asia's concerns for the global and regional trading system. Asia, in … particular East Asia, has played an important role in evolving the global production and trade networks. The regional production … network in East Asia became the major transmission mechanism of the crisis, resulting in a trade collapse, but Asia …

Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years … sequence, is there a case for monetary union in East Asia? Is there a case for expanded free-trade areas (FTAs) in the region … Equilibrium (CGE) model, to evaluate the economics of monetary/financial integration and various configurations of FTAs in Asia …

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

, the reverse is also true. Output shocks from emerging Asia (and the People's Republic of China [PRC]) have a significant …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 …