Jayant Menon, 27 September 2014

The Association of Southeast Asian Nations is the most successful regional grouping in the developing would. Its latest project is to establish an ASEAN Economic Community by 31 December 2015, consisting of economic, political-security, and social cultural components.  This column argues that giving commitments more teeth is the key challenge to be overcome in realising the ASEAN Economic Community if it is to be more than a political exercise in solidarity. 

Jayant Menon, 02 June 2013

How will the new members of ASEAN catch up? This column argues that the gap in income is closing between the two groups within ASEAN: the newly industrialising economies and the older members. However, a marked cost of this convergence has been increasing income inequality within individual countries. To remedy this, and to increase overall convergence, a number of conditions must be simultaneously met: investment in social infrastructure, especially education and health; improving the investment climate; and land reform that directly redresses asset inequality.

Pradumna Rana, 25 June 2012

China, Japan, and South Korea are currently negotiating a free trade agreement (FTA) lending support to the possibility of an agreement for the South-East Asian region as a whole. This column calls for more of the same – and quickly.

Pradumna Rana, 27 May 2012

Now is probably not a great time to be talking about further monetary integration – even if it is in Asia. But this column argues that the ASEAN+3 has taken a number of significant steps recently to further deepen monetary integration. The next steps should be to introduce a regional weighted currency basket and expand membership.

Kati Suominen, 17 March 2010

Discussions over a European Monetary Fund have gained momentum over the last week. This column argues that regionalising the IMF is sub-optimal. But discussions over a European Fund offer an opportunity for a complementary fund, which can offer a reference for Asian countries.

Jaime de Melo, Céline Carrère, Bolormaa Klok, 21 November 2009

Almost all economies are party to preferential trade schemes. But how much are they “giving away” or “receiving” in preferential access? This column presents a compact representation of effective market access and applies it to the proposed ASEAN-EU trade agreement.

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East Asia is the world’s most dynamic region in terms of the growth of incomes, trade and foreign direct investment. It is also experiencing a rapid growth the number of regional trade agreements. Although the Association of Southeast Asian Nations (ASEAN) has emerged as the de facto integration hub for FTAs, the lattice of trade agreements is highly complex – a veritable noodle bowl for agreements. How can East Asia ensure that the region’s noodle bowl of FTAs can be consolidated into a single East Asian FTA—a stepping stone toward global integration?
This conference, sponsored by the Asian Development Bank Institute and the Graduate Institute (Geneva)'s Centre for Trade and Economic Integration considers the way forward for "taming the tangle" of trade arrangements in Asia.

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