other hand, the recent fuel and food price increases, a global shock in nature, are also likely to influence most Asian … policy issues faced by the policymakers in Asia. Recent studies show that East Asia is quite integrated in trade. Financial … deepening trade integration in East Asia indicates that the impact of slowdown in the US economy is not likely to be large …

OEF. Evidence is based on the responses to a Chinese demand shock arising from the recent fiscal stimulus program. The …. -- GVAR ; Chinese economy ; shock transmission …