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New Global Economic Architecture : The Asian Perspective by Kawai, Masahiro; Morgan, Peter; Rana, Pradumna is a scholarly article available to read on EtoBox.

What is New Global Economic Architecture : The Asian Perspective about?

The traumatic experiences of the first half of the twentieth century helped shape the postwar global architecture, which saw the creation of the IMF, the GATT, and the World Bank. Today, this economic architecture is ill-fitted to the global economy. The balance of financial power has moved towards the emerging economies, especially those in Asia, a shift which is not sufficiently reflected in the governance of these institutions.New Global Economic Architecture addresses how a regional architecture, particularly in Asia, can induce a supply of regional public goods that strengthens the global public goods supplied through the global architecture, to promote sustainable economic development. The global network is moving towards a decentralized system with global, regional, and national institutions, and the book presents a comparison of the pace of reforms in various institutions and the identification of the reform agenda from an Asian perspective. It provides suggestions for strengthening regional institutions in Asia so they may better provide regional public goods. The evolution of institutions and policies that comprise the international monetary, financial, trade and developm

Author

Kawai, Masahiro; Morgan, Peter; Rana, Pradumna

Publisher

Edward Elgar Publishing Ltd

Published

2014

Language

EN

ISBN

9781783472192