Asian regionalism in the world economy : engine for dynamism and stability / edited by MasahiroKawai, Jong-Wha Lee and Peter A. Petri, with the assistance of Giovanni Capanelli.

Includes bibliographical references and index.

1. Asian growth and global stability -- 2. Technology policy for sustained Asian dynamism -- 3. Will demographic change undermine Asia's growth prospects? -- 4. Alternative growth strategies in Asia: liberalization, deregulation, structural reform -- 5. Regional trade agreements in integrating Asia -- 6. Governance and financial integration in East Asia -- 7. Patterns and determinants of financial integration in Asia --8. From crisis to crisis: changing capital flows and foreign exchange reserves in Asia --9. Monetary policy and exchange rate stability in East Asia -- 10. Perceptions of economic interdependence: the view of Asian opinion leaders -- 11. How Asia can benefit from the European experience --12. South Asian integration: prospects and lessons from East Asia -- 13. Asia in global economic governance: a case for decentralized institutions --14. Deepening Asian integration and the architecture for regional cooperation.

Examines the dramatic transformation of the Asian economy, the challenges it faces, emerging regional solutions, and how Asia can play a more constructive role in the global economy. Asia is becoming not just the world's factory, but also its leading creditor, and one of its key sources of dynamism and stability.