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Spotlight
July 2010 Asia Economic Monitor

With emerging East Asia’s V-shaped recovery on track, it is now time to unwind the policy stimulus that helped power the solid domestic demand that kept growth strong, according to the July issue of the Asia Economic Monitor.  The sustainability of the recovery will depend heavily on the timing, policy mix, and pace at which economic stimulus is withdrawn. Read the news release. Download the report.

ADB Working Paper Series on Regional Economic Integration No. 54 - The Political Economy of Regional Cooperation in South Asia (July 2010)

Independent consultant V.V. Desai discusses factors that led to the sub-par performance of the South Asian Association for Regional Cooperation. He concludes that building cordial interstate relations is a critical first step to improving its performance. Read more.



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    Report: The Future Global Reserve System - An Asian Perspective (June 2010)


    A reform in the global reserve system is critical to avoid a repeat of the recent global economic crisis and Asia's fast recovering countries need to cooperate to ensure a smooth transition to a multi-currency alternative, says a new report from the Asian Development Bank and Columbia University's Earth Institute. The report, The Future Global Reserve System - An Asian Perspective, says that while the US dollar will remain the leading currency of international exchange for now, a rebalancing in the global economy means that in the future, a wider range of currencies will need to be used to settle trade and investment. Read the press release. Download the report or read it online.


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    Asia Capital Markets Monitor

    Asian capital markets deliver spectacular gains as the prospect of strong growth combined with the return of appetite for emerging-market assets brings a surge in capital inflows to emerging Asia once again, says this year's issue of ADB's Asia Capital Markets Monitor (ACMM). This issue reviews the recent performance in emerging Asia's stock, bond, and currency markets along with the outlook, risks, and policy implications of that performance. A special theme chapter is titled "Managing Capital Flows: Issues and Policy Challenges for Emerging Asia."

    Download report. Read the news release and highlights.


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