Asia's Contribution to Global Rebalancing
Adams, Charles; Jeong, Hoe Yun; Park, Cyn-Young | September 2010
Abstract
"Emerging East Asia remains at the core of global payment imbalances. While the People’s Republic of China accounts for a substantial share of the region’s current account surplus, Asia’s contribution to global rebalancing also depends on how the NIEs and larger ASEAN economies respond to the crisis. In this paper, the authors argue that regional rebalancing will depend critically on the adoption of deeper and more comprehensive structural reforms with further trade liberalization that promote domestic and regional spending."
Citation
Adams, Charles; Jeong, Hoe Yun; Park, Cyn-Young. 2010. Asia's Contribution to Global Rebalancing. © Asian Development Bank. http://hdl.handle.net/11540/1944. License: CC BY 3.0 IGO.Keywords
Regionalism
Regional Economy
Regional Trading Arrangements
Regional Trade Integration
Regional Economic Integration
Regional Cooperation
Interregional Cooperation
Trade Disputes
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Citable URI
http://hdl.handle.net/11540/1944Metadata
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