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
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
'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
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