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...

The remarkable economic growth of Asia has been the defining feature of the second half of this century. This book offers a comprehensive overview of the scientific, technological and economic factors which enabled Asia to make such a strong comeback after centuries of oppression. This...

Asia's economic significance has risen substantially over the past several decades. Further economic development in ASEAN, with its massive population, requires very efficient utilization of resources and cross-border cooperation. While ASEAN has much to gain from economic cooperation and...

The purpose of this paper is to set the issue of Chinese investment in Southeast Asia in two contexts: the changing geography of economic growth and patterns of trade and investment across the world as a whole, and the accompanying quiet revolution that has taken place in the international...