This broad-ranging student textbook examines the rise of the Asia-Pacific as an important economic region. It looks at the sources of that rise, its future development and the possible consequences for the global economy. The analysis is divided into three sections considering: * how far the Asia-Pacific has developed as a regional system, looking at the patterns of integration of the principal economies * the relationship between the key individual economies of Japan, Korea, China and the United States * how the rise of the Asia-Pacific economy has affected the international economic system. In so doing it provides much-needed insights not only into the growth of this powerful economic region, but also the international context of Asia-Pacific development.

This book is a compendium of papers on various new movements that emerged after the Asian financial crisis, which lead to Asia becoming the enhanced growth center of the world. Beginning with the analysis of the Asian crisis and the subsequent capital flight, the book goes on to study the impact of these events on the Hong Kong economy, the role of the government in Indonesia and financial restructuring in Thailand. The book then explores the new movement of regional cooperation, such as Free Trade Agreement, and financial cooperation and integration. On the real side of the economy, the book delves into issues such as cooperation between Japan and China, development of the Greater Mekong sub-region, growth of China, fiscal coordination in Korea, technological network in East Asia, and growth and inequality in Vietnam.

This book is a compendium of papers on various new movements that emerged after the Asian financial crisis, which lead to Asia becoming the enhanced growth center of the world.Beginning with the analysis of the Asian crisis and the subsequent capital flight, the book goes on to study the impact of these events on the Hong Kong economy, the role of the government in Indonesia and financial restructuring in Thailand. The book then explores the new movement of regional cooperation, such as Free Trade Agreement, and financial cooperation and integration. On the real side of the economy, the book delves into issues such as cooperation between Japan and China, development of the Greater Mekong sub-region, growth of China, fiscal coordination in Korea, technological network in East Asia, and growth and inequality in Vietnam./a

This Selected Issues paper analyzes factors that could bring inflation back to target in Thailand. The paper estimates a hybrid New Keynesian Phillips curve with time varying parameters to gauge the quantitative role of (long-term) inflation trends, economic slack, and import price inflation in shaping inflation dynamics. The analysis reveals some important changes in Thailand’s inflation dynamics. It suggests that the impact of lower import prices was a major factor behind the decline in headline inflation in 2015, with low oil prices the largest contributor to inflation dynamics. Monetary policy easing, within a broader expansionary policy mix, should help bring inflation back to target.

In the last few years, Thailand has emerged as one of the world's most dynamic economies. Yet Thailand is still little known and sparsely written about. This book is the first full-length overview of Thailand's economy and politics. It is based on a wide range of sources in both Thai and English. Its focus is on the second half of the twentieth century, set in a deeper historical context of Siam in the Bangkok era. It plots the transition from rice economy to emerging industrial power, and from absolutist monarchy to one of Asia's most open and lively democracies. The book will be useful for students, interesting for the general reader, and challenging for specialists.