theory of interacting particle systems. We clarify the structure of the equilibrium joint rating distribution using ergodic … losses ; voter model ; Choquet theory ; ergodic decomposition ; re-scaling …

percentage to the home currency (the Thai baht). The private sectors elsewhere in the Asia-Pacific region also switched from the … banks also increased the share of local currencies elsewhere in the Asia-Pacific region; and the same is true with the non …

systems in Asia. This paper analyzes the key factors determining and the possible avenues for strengthening social protection … systems in Asia. The choice of an appropriate combination of avenues depends on the initial starting point, public policy … labor market trends in Asia. It stresses that rapid ageing and large, informal labor markets pose challenges for Asian …

With booming economic growth Asia will play increasingly important role in global economic and energy matters. World … increase in demand for oil in Asia will most likely amplify the dependency on shipments from other regions (particularly the … Middle East). Ensuring energy security would therefore turn out to be a vital task. In Asia (particularly East Asia), the …

The policy measures taken to date in the Asia-Pacific region are helping to cushion the blow of the global recession …

preventing and mitigating financial crises? This paper reviews and compares the experiences of Europe and Asia, which have taken … this background, the crisis is a wake-up call for further progress on monetary integration in Asia along the lines of the …