, in individual emerging market and developing countries in Asia. Notably, we provide evidence that the global monetary … condition is partly responsible for the current account surplus in Asia. We also draw implications for monetary policy …

, about greater trade integration, about spurring greater cross-border flows of investment within Asia, and about promoting …

The perception that Asia''s inflation dynamics is driven by idiosyncratic supply shocks implies, as a corollary, that … there is little scope for a policy reaction to a build-up of inflationary pressures. However, Asia''s fast growth and … may now play a larger role than in the past. This paper presents a quantitative analysis of inflation dynamics in Asia …

This paper assesses financial integration in Asia in terms of risk-sharing benefit versus financial-contagion cost. We … discount factors. Risk sharing is low in Asia, and varies across time and countries, whereas contagion risks are more … differentials. Asia, therefore, can potentially enhance risk sharing without raising contagion risk …

The paper shows that Asia''s degree of financial integration, both with the world and within the region remains low by …

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living …, as evidenced in the recent business cycle. The Asia and Pacific small states should continue rebuilding buffers and …

Growth in the Asia-Pacific region shows signs of improving as extreme risks emanating from advanced economies have …. Although Asia’s banking and corporate sectors have solid buffers, monetary policymakers should stand ready to respond early and … growth rates and alleviate the “middle-income trap” across Emerging Asia, the policy agenda will vary by jurisdiction but …