Economic Integration in East Asia: Trends, Prospects, and a Possible Roadmap
Pradumna B. Rana
July, 2006
ADB Working Paper Series on Regional Economic Integration No.2



Chinese Growth Exceeds Forecasts
Peter S. Goodman
July 19, 2006
Washington Post
Asia - Home to Half the World Population - Is Graying
July 11, 2006



The Challenge of Developing the Mekong Region
Takatoshi Kato, Deputy Managing Director,IMF
July 11, 2006
Bangkok Post


ASEAN economic unity would boost local stability: Austalian Report
July 6, 2006
SAWFNEWS.Com



Together we shall grow
Mukul Asher and Rahul Sen. ISEAS, Singapore
July 04, 2006
Daily News and Analysis

























Economic Integration in East Asia: Trends, Prospects, and a Possible Roadmap
Pradumna B. Rana, ADB Working Paper Series on Regional Economic Integration No.2, July 2006

This paper reviews trends in East Asian regionalism in the areas of trade and investment, money and finance, and infrastructure. It prevents various measures of trade and financial integration. An important finding of the paper is that increasing trade and financial integration in the region is now starting to lead to a synchronization of business cycles in a selected group of countries, further enhancing the case for monetary integration among these countries. The paper also outlines a roadmap for east Asia integration.

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Chinese Growth Exceeds Forecasts
Peter S. Goodman, Washington Post, July 19, 2006; D01

China's economy grew at an 11.3 percent annual rate in the second quarter, the swiftest pace in a dozen years, the government announced, heightening concerns that an unhealthy surge of investment is imperiling the country. The rate exceeded by a full point the annual rate in the first three months of the year and overshot most expectations. The official target for the year is 8 percent. The rapid growth heightened fears that the government may not be able to slow the enormous economy.

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http://www.washingtonpost.com/wp-dyn/content/article/2006/07/18/AR2006071800631.html

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Asia - Home to Half the World Population - Is Graying
July 11, 2006

Asia is home to the planet's two most populous countries - China and India - and more than half the world's six and a half billion people.

And statistics show the Asian population is aging - presenting challenges on how a smaller, younger generation will care for a much larger, older generation.

The United Nations projects the number of Asians aged 65 and older will increase more than 300 percent between the years 2000 and 2050 - from 207 million to 857 million.

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http://www.voanews.com/english/2006-07-11-voa23.cfm

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The Challenge of Developing the Mekong Region
Takatoshi Kato, Deputy Managing Director,IMF, Bangkok Post, July 11, 2006

Amid the tremendous economic advances that Asia has made over the past generation, the considerable progress of the Mekong region countries is sometimes overlooked. Cambodia, Laos and Vietnam have taken great strides since launching economic reform programmes in the second half of the 1980s and early 1990s.

Nonetheless, although the Mekong countries are gradually catching up with their neighbours, there is still a significant development gap that needs to be closed. They are facing one of the key challenges confronting policymakers worldwide: how to ensure that less-developed economies can fully participate in, and derive the greatest benefit from, the globalisation of the world economy.

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http://www.imf.org/external/np/vc/2006/071106.htm

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ASEAN economic unity would boost local stability: Australian Report
SAWFNEWS.Com, July 6, 2006

The report, from the Department of Foreign Affairs and Trade, said the ASEAN would create a powerful trading bloc if its plans for economic integration by 2020 went ahead. The report described ASEAN's vision as "wide-ranging and inspiring" but warned ASEAN members must overcome concerns about loss of sovereignty to pursue unity in response to economic threats from regional powerhouses China and India.

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http://news.sawf.org/Business/15602.aspx

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Together we shall grow
Mukul Asher and Rahul Sen. ISEAS, Singapore
Daily News and Analysis, July 04, 2006

There is a strong case for bringing India in to partner rest of Asia —that includes the 10 countries of the ASEAN, and also China, Japan, South Korea, and possibly Australia and New Zealand in shaping the Asian Economic Community. First, if Asia is to increase its weight in global affairs, it should have an organisation such as the AEC or JACIK (AEC minus Australia and New Zealand) which represents Asia in an inclusive and unified manner. India's calibrated globalisation is projected to contribute to about 12 per cent of global economic growth during the 2006-20 period (next only to China and the US), equivalent to 8.8 per cent of global GDP in 2020.

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http://www.dnaindia.com/report.asp?NewsID=1039580

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