Spotlight Archives
- ADBI Working Paper - Asian FTAs: Trends and ChallengesAugust 2009With the current impasse in the WTO Doha Round, free trade agreements (FTAs) have become Asia's main trade policy instrument. This has sparked concerns about the negative effects of Asian FTAs including the "noodle bowl problem". This study by Masahiro Kawai and Ganeshan Wignaraja examines the challenges posed by Asian FTAs and provides a pragmatic approach to minimizing their costs while maximizing their benefits. A bottom-up approach to a Doha Round Agreement emerges from the paper. Read more.
- July 2009 Asia Economic Monitor 23 July 2009Emerging East Asia has entered the transition from recession to a possible V-shaped recovery, with growth dropping sharply this year before returning to 2008 levels in 2010, says ADB’s July issue of the Asia Economic Monitor (AEM), launched 23 July in Bangkok. Following the launch, a joint seminar was held with the Thailand Development Research Institute examining longer-term issues related to financial regulatory reform and financial stability in the region. Download report.
- ADB Working Paper Series on Regional Economic Integration No. 32 - India’s Role in South Asia Trade and Investment IntegrationJuly 2009Rajiv Kumar and Manjeeta Singh of the Indian Council for Research on International Economic Relations find that, while the level of South Asian integration is low, improved prospects bode well for greater integration with India shouldering the larger responsibility. Read more.
- ADB working paper series on regional economic integration No. 31 - Emerging Asia: Decoupling or RecouplingJune 2009Soyoung Kim, Jong-Wha Lee, and Cyn-Young Park investigate the degree of real economic interdependence between emerging Asia and major industrial countries and find evidence of recoupling post the Asian financial crisis.
- ADB seminar series on regional economic integration: Exchange Rate Regimes and Monetary Cooperation in the Asia Pacific Region (21 May 2009, 10:30-12, Auditorium Zone D, ADB Headquarters) 21 May 2009Warwick McKibbin, Professor at the Australian National University, discusses the impact of the global financial turmoil on current monetary and exchange rate regimes in Asia, and the consequences of alternative regimes and their economic outcomes. Please confirm participation with Liza Cruz at mlscruz@adb.org.
- ADB-ISAS seminar on Pan-Asian integration held in Singapore, 15 May15 May 2009A seminar that launched OREI's new book, Pan-Asian Integration: Linking East and South Asia, examined the prospects for integration against the backdrop of the global economic crisis. Panelists were OREI's Director Srinivasa Madhur, Ganeshan Wignaraja, and Pradumna Rana. See program and presentations.
- 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.