This study introduces a new composite index of globalization building on the separate contributions of intraregional and extraregional integration.
The study develops an index to measure the degree of regional integration in Asia and the Pacific (48 economies in six subregions).
The paper assesses the potential for a monetary union in Asia by evaluating the progress of business cycle synchronization among 10 major East Asian countries.
This paper studies the factors that determine food prices, specifically focusing on the transmission of external shocks to domestic prices. It examines the sources of food price fluctuations in 11 developing Asian countries.
This paper aims to evaluate the degree of bilateral linkages these East Asian financial markets—Hong Kong, China; Japan, the Republic of Korea; and Singapore.