Table of Contents

Contents:

Preface

1. Asian Perspectives on the Evolving Global Architecture
Masahiro Kawai, Peter J. Morgan and Pradumna B. Rana

2. From a Centralized to a Decentralized Global Economic Architecture: An Overview
Pradumna B. Rana

3. The Group of Twenty: Input and Output Legitimacy, Reforms and Agenda
Andrew F. Cooper

4. Enhancing the Effectiveness of CMIM and AMRO: Challenges and Tasks
Reza Siregar and Akkharaphol Chabchitrchaidol

5. Financial Safety Nets in Asia: Genesis, Evolution, Adequacy and Way Forward
Hal Hill and Jayant Menon

6. Regional Financial Regulation in Asia
Masahiro Kawai and Peter J. Morgan

7. Evolving Trade Policy Architecture and FTAs in Asia
Masahiro Kawai and Ganeshan Wignaraja

8. The Emerging “Post-Doha” Agenda and the New Regionalism in the Asia-Pacific
Michael G. Plummer

9. The World Bank and the Asian Development Bank: Should Asia Have Both?
Vikram Nehru

10. World Bank, Inter-American Development Bank, and Subregional Development Banks in Latin America: Dynamics of a System of Multilateral Development Banks
Fernando Prada

Index

About the Author

Edited by Masahiro Kawai, Project Professor, Graduate School of Public Policy, the University of Tokyo, Peter J. Morgan, Senior Consulting Economist, Asian Development Bank Institute, Tokyo, Japan and Pradumna B. Rana, Associate Professor, S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore

Reviews

'The spectacular rise in Asian economies has reshuffled the distribution of world economic power, while the Global Financial Crisis brought it to the fore. The global economic and financial architecture, inherited from World War II, has not responded to such changes. Focusing mainly on financial and partly on trade issues, this book provides a welcome perspective from seasoned Asia experts on the prospective benefits of a new, more decentralized and regionalized architecture. It will be a timely read, coinciding with the launching of the BRICS Development Bank.'
--Eric Girardin, Aix-Marseille School of Economics, France; former member of the Asian Development Bank Institute Advisory Council'This edited volume makes a distinctive contribution to the literature on financial crises.'
--Linda Low, Journal of Southeast Asian Economies