Spotlight Archives
- ADB Working Paper Series on Regional Economic Integration No. 28 - The Building Block versus Stumbling Block Debate of Regionalism: From the Perspective of Service Trade Liberalization in AsiaMay 2009Shintaro Hamanaka argues that regionalism is a building block, not a stumbling block to a multilateral trading system, using the case study of services liberalization of ASEAN. He also proposes an amendment of GATS to define the appropriate relationship between multilateralism and regionalism in the context of services.
- ADB Working Paper Series on Regional Economic Integration No. 29 - East Asian and European Economic Integration: A Comparative Analysis May 2009Giovanni Capannelli and Carlo Filippini compare the EU and East Asian economic integration processes and draw some reciprocal lessons. The EU stands out for its strong institutionalization, structural policies and the creation of the euro, while East Asia is an interesting example of production networks and financial cooperation.
- ADB Working Paper Series on Regional Economic Integration No. 30 - Promoting Trade and Investment in India’s Northeastern RegionMay 2009Govinda Rao, Director of the National Institute of Public Finance and Policy in India, discusses strategies needed to develop India's Northeastern Region, one of the least developed parts of the country.
- ADB Working Paper Series on Regional Economic Integration No. 27 - Managing Success in Viet Nam: Macroeconomic Consequences of Large Capital Inflows with Limited Policy ToolsApril 2009In this paper, Jayant Menon examines the macroeconomic consequences of large capital inflows. These macroeconomic aspects can be particularly important in transitional economies like Viet Nam, where some of the tools for macroeconomic stabilization may be blunt or unavailable. This constraint, combined with a young and inexperienced banking system and investment-hungry state-owned enterprises, increases the risk of imbalances that could result in crisis.
- Asia Capital Markets MonitorApril 2009Asia's capital markets are starting to stabilize and the region's relatively resilient economies should help them recover as the global crisis ebbs and investor appetite returns, says the inaugural issue of ADB's Asia Capital Markets Monitor. Read the news release.
- Pan-Asian Integration: Linking East and South Asia March 2009This book, edited by Joseph Francois, Pradumna B. Rana, and Ganeshan Wignaraja, is a rich volume of perspectives on Pan-Asian integration from leading thematic experts covering critical issues including regional patterns of trade and investment, services trade, trade and monetary cooperation, infrastructure, logistics and trade facilitation. Read more.
- ADB Working Paper Series on Regional Economic Integration No. 26 - Re-considering Asian Financial Regionalism in the 1990sMarch 2009By exploring past financial regionalist projects in Asia, Shintaro Hamanaka argues that Asian countries, especially Japan, have held a strong desire to establish an Asia-only regional cooperation framework at least since the early 1990s. Regionalism can be best understood as a project under which a relatively minor power seeks to establish a framework that excludes more influential states in order to increase its influence within the group.
- ADB Seminar Series on Regional Economic Integration: Cross-Border Infrastructure in Thailand and Lao PDR - A General Equilibrium Approach to Estimation of Economic Impacts (19 March 2009, 10:30-12:00, ERD Conference Rm. 7217, ADB Headquarters)16 March 2009Prof. Peter Warr, The Australian National University, estimates the economic impacts of the second Mekong River Bridge between Thailand and Lao PDR. Results suggest that transport cost reductions due to improvement of inter-regional transport facilities will produce a large increase in inter-regional trade volumes in both directions. Please confirm participation with Ms. Liza Cruz at mlscruz@adb.org.
- ADB Seminar Series on Regional Economic Integration: Is Inflation Targeting Paving the way to Asian Monetary Union? (27 February 2009, 10:30 am -12:00 pm, LRC2, ADB Headquarters)27 February 2009Prof. Andrew Rose, University of California, Berkeley, finds that apart from rising trade, inflation targeting promotes business cycle synchronization and thus can be useful in easing the transition towards monetary union. This result challenges the oft-cited benefit that inflation targeting provides insulation from foreign shocks. Please confirm participation with Ms. Liza Cruz at mlscruz@adb.org.
- Asia Bond Monitor First Quarter 2009February 2009Local currency bond markets are set to expand this year with several governments likely to sell more debt to finance their economic stimulus packages. Companies are also expected to turn to local markets to refinance or raise fresh capital, says the latest issue of Asia Bond Monitor. Read the news release and full report.
