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The policy measures taken to date in the Asia-Pacific region are helping to cushion the blow of the global recession …
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surpluses, accumulation of foreign reserves and some regional cooperation initiatives. These changes strengthened Asia external … sector fundamentals and helped Asias ability weathering external shocks. However, Asia is not immune from the current global …
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Asia is a region whose financial integration has not kept pace with real integration. Asias relative financial … from exerting severe contractionary impact). Does this mean that Asia should continue to limit its financial integration … and also help limit financial dependence on the center countries of North America and Europe. In the process, Asia will …
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Economic integration should not be an end in itself, but the outcome of domestic reforms that increase the general contestability of markets. The paper finds that for India, comprehensive domestic regulatory reform dominates as an integration strategy, while an ASEAN+6 PTA would fail to deliver...
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While it is widely recognized that industrial development is imperative in developing countries to reduce poverty and to attain sustainable economic growth, there is no consensus on how to develop industries and where to start. Generally, the literature argues that developing countries should...
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