In the run-up to the 2008 global financial crisis, many thought that Asiawould be exempt from economic shocks from Europe or North America.These arguments were largely based on the rapid expansion of intraregional trade in Asia. This paper examines the trade linkages among Asian countries and...

This paper reviews recent trends and effects of FDI in developing Asia; domestic policy changes in six Asian host economies (People’s Republic of China, India, Republic of Korea, Malaysia, Thailand, and Viet Nam); and how these policies and experiences influence their attitudes toward managing...

Foreign direct investment (FDI) flows have increased dramatically in recent decades. As developing countries, particularly in Asia, remove restrictions and implement policies to attract FDI inflows, trade and investment have become increasingly intertwined. As such, there have been growing calls...

There are significant income and nonincome development gaps around theworld. Closing these gaps will require not only increasing and sustainingeconomic growth in low-income regions, but also policies that closenonincome development gaps directly. Governments need to support privateinvestment and...