Asia in the global economy : finance, trade and investment / Ramkishen S. Rajan, Sunil Rongala.

Includes bibliographical references and index.

1. Asia's Embarrassment of Riches: A Story of Prudence, Global Imbalances, and Some Good Old Fashioned Mercantilism -- 2. The Known Unknown: The Whopping US Current Account Deficit and Its Implications -- 3. Will the US Dollar Remain "Top Dog"?: The Billion Dollar Question -- 4. A Central Banker's Holy Grail: Inflation-Targeting Frameworks with Reference to Asia -- 5. Singapore's Currency Baskets and the Mantra of Competitiveness: The Importance of Real Exchange Rates -- 6. Barbarians at the Gates: Foreign Bank Entry in Asia -- 7. The Tobin Tax: A Panacea for Financial Crises? -- 8. International Capital Flows to Asia: The Never-Ending Magic Spigot? -- 9. Using Reserves to Finance Infrastructure in India: Will It Clear the Gridlock? -- 10. The Goldmine of Development Finance: Reassessing the Importance of Migrants' Remittances -- 11. The "Do's and Don'ts" of Attracting Foreign Direct Investment -- 12. Chips from East Asia, Hardware from Southeast Asia, and Assembled in China: Production Sharing and Trade in Asia -- 13. All Paths Lead to India: Do Other Asian Countries Pose a Challenge to Its Dominance in Services Outsourcing? -- 14. The Rise of the Indian Manufacturing Sector: A True Underdog Story -- 15. Will the Big Tiger Leave Any Crumbs for the Little Dragons? China vs. Southeast Asia -- 16. Embracing One's Neighbor: Redefining the Importance of India to ASEAN -- 17. Going It Alone: Singapore's Trade Strategy -- 18. ASEAN Economic Integration: Taking Care of Business -- 19. Uncooperative Cooperation: The Saga of Economic Cooperation in South AsiaEconomic Cooperation in South Asia -- 20. Monetary and Financial Cooperation in Asia: More than Just Buzzwords?