This book investigates the impact of both real and financial integration to growth and to welfare, and to enquire whether increases in either or both forms buil

Costs and Benefits of Economic Integration in Asia brings together authoritative essays that identify and examine various initiatives to promote economic integr

The ongoing global financial crisis has manifested a remarkable degree of global financial integration—and its implications—for emerging Asian financial mar

This Working Paper brings together three papers prepared as background for discussions at the Second High-Level Conference on Asian Integration cohosted by the

The increased mobility and volume of international capital flows is a striking trend in international finance. While countries worldwide have engaged in financi