Spotlight Archives
- ADB Working Paper Series on Regional Economic Integration No. 58 - Asia's Contribution to Global RebalancingSeptember 2010Emerging East Asia remains at the core of global payment imbalances. While the People’s Republic of China accounts for a substantial share of the region’s current account surplus, Asia’s contribution to global rebalancing also depends on how the NIEs and larger ASEAN economies respond to the crisis. In this paper, Charles Adams, Hoe Yun Jeong, and Cyn-Young Park argue that regional rebalancing will depend critically on the adoption of deeper and more comprehensive structural reforms with further trade liberalization that promote domestic and regional spending. Read more.
- ADB Working Paper Series on Regional Economic Integration No. 57 - Global Financial Regulatory Reforms: Implications for Developing AsiaSeptember 2010The objective of global regulatory reform is to build a resilient global financial system that can withstand shocks and dampen their effects on the real economy. Lessons drawn from the global financial crisis have led to specific reform proposals. Yet, these proposals have raised concerns of relevance to Asia’s developing economies. In this paper, Douglas W. Arner and Cyn-Young Park argue that global reforms should be complemented and augmented by national and regional reforms, taking into account the very different characteristics of emerging Asian financial systems from advanced economies. Read more.
- ADB Working Paper Series on Regional Economic Integration No. 57 - The Political Economy of Asian RegionalismAugust 2010John Ravenhill reviews the factors that have driven recent inter-governmental collaboration in the region, and the experience of existing inter-governmental institutions, to evaluate how strong a foundation they provide for deeper cooperation in the future. Despite the common emphasis on Asia’s market-led integration, state action has played a significant role in facilitating the growth of economic interdependence. Similarly, political factors have frequently been the dominant influence in inter-governmental economic collaboration. Read more.
- ADB Seminar Series on Regional Economic Integration and Financial Sector Community of Practice Seminar: Financial Architecture for Effective SME Financing (26 August 2010, ADB Headquarters, Manila)20 August 2010Hyoung-Tae Kim, President of Korea Capital Market Institute, discussed the Korean experience in facilitating SME financing and lessons that can be learned by Asian policy makers in designing an efficient SME financing architecture. He argued that the vision and structure of SME financing has to be set according to the development stage of the institutions, markets and legal system of a specific country. Download the presentation.
- ADB Working Paper Series on Regional Economic Integration No. 56 - Production Networks and Trade Patterns in East Asia: Regionalization or Globalization?August 2010Prema-chandra Athukorala examines the implications of global production sharing for economic integration in East Asia, with emphasis on the behavior of trade flows in the wake of the 2008 global economic crisis. The findings yield the inference that rise of global production sharing has strengthened the case for a global, rather than regional, approach to trade and investment policy making. Read more.
- ADB Working Paper Series on Regional Economic Integration No. 55 - Trade Facilitation Measures Under Free Trade Agreements: Are They Discriminatory Against Non-Members?July 2010Are trade facilitation measures under free trade agreements (FTAs) discriminatory? This paper by Shintaro Hamanaka, Aiken Tafgar, and Dorothea Lazaro addresses this important question by citing both discriminatory and non-discriminatory examples of actual trade facilitation provisions in FTAs. Read more.
- ADB Identifies 233 FTAs in Asia and the PacificAugust 2010The spread of regional and bilateral free trade agreements (FTAs) in the Asia and Pacific region continues to gain momentum. From 54 FTAs in 2000, the Asian Development Bank (ADB) has identified 233 bilateral and plurilateral FTAs as of July 2010. Of these, 90 are in effect, 25 are signed, 63 are under negotiation, and 55 are in the proposal stage. Follow the FTA Trends.
- ADB Working Paper Series on Regional Economic Integration No. 54 - The Political Economy of Regional Cooperation in South Asia (July 2010)21 July 2010Independent 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.
- July 2010 Asia Economic Monitor20 July 2010With 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.
- Seminar Series on Regional Economic Integration: The Regionalization of the World. What does it mean for Asia? (19 July 2010, 2:00 - 3:30 pm, Auditorium Zone A, ADB Headquarters)13 July 2010Prof. Luk Van Langenhove, Director, Comparative Regional Integration Studies Institute of the United Nations University, will discuss the relation between sovereign states and regional institutions in Europe’s experience, comparison with Asian regional integration and its global implications. Confirm participation with Liza Cruz. This seminar is organized in cooperation with the Asia-Europe Foundation (ASEF) as part of its 33rd Asia-Europe Lecture Tour in Singapore, Manila, Bangkok, Seoul and Shanghai.
