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Asian Regionalism in the World Economy

Engine for Dynamism and Stability

Edited by Masahiro Kawai, Jong-Wha Lee, Peter A. Petri and Giovanni Capanelli

The structure and policy architecture of the world economy, as it emerges from the historic challenges now underway, will be affected by the dramatic rise of Asian economies and deepening connections among them. This important book examines the rapid transformation of the Asian economy, the challenges it faces, emerging regional solutions, and how Asia can play a more constructive role in the global economy.
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Edited by Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

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Edited by Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

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Edited by Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

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Edited by Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

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Edited by Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

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Edited by Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

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Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

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Edited by Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

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Edited by Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja

The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia.