The Regional Comprehensive Economic Partnership (RCEP) concluded between Asian Pacific States in 2020 is expected to change regional and global trade patterns. Based on a Computable General Equilibrium model (including 41 countries and 39 sectors), the underlying paper evaluates the impact of...

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...

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...

The life and times of regional studies / Peter Vale -- The Association of South East Asian Nations / Lee Chong Kai -- Australia and the South Pacific forum / Philip McElligott -- The European Community / Jerome Heldring -- A form of regionalism and its challenges / Philippe Moreau-Defarges --...

This paper analyzes detailed differences in patterns of financial development across the major Asian economies, including three of the region's largest economies (China, Japan and South Korea), to understand how these differences might affect possibilities for greater regional financial...