This paper examines whether exchange rate risk (defined as the variety of nominal and price-adjusted import-weighed exchange rates) has increased in the present system of generalized floating for eight Asian developing countries. The first major finding is that the samples of import-weighted...

Chapter One: China’s Belt and Road Initiative: Introduction and Overview -- Chapter Two: Proliferating Major Power Infrastructure Initiatives -- Chapter Three: Potential Economic Impact of BRI: A CGE Analysis -- Chapter Four: Perception Survey of Asian Opinion Leaders -- Chapter Five: BRI and...

This book examines the economic, political and institutional dimensions of pan-Asian integration. With little progress made in the Doha Round, there is heightened interest in deeper regional integration in Asia. The book explores regional patterns of trade and investment and the potential for...

'The spectacular rise in Asian economies has reshuffled the distribution of world economic power, while the Global Financial Crisis brought it to the fore. The global economic and financial architecture, inherited from World War II, has not responded to such changes. Focusing mainly on financial...

Chapter 1: Introduction and Overview -- Chapter 2: The Evolution of Global Oversight Institutions: From the Library Group to the Group of Twenty -- Chapter 3: International Monetary and Economic Development Architecture: Complementarity between Global and Regional Institutions -- Chapter 4:...