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Chapter 1 Why Asian Regionalism?

in the appendix to this chapter) accounts for 87% of the region’s population and 96% of its output (Table 1.1)—hence, it is often ... open global trade and financial systems that have supported a ... development to reduce inequalities within and across economies and thus to strengthen support for pro-growth policies; and • create regional ...

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Chapter 2 Asian Regionalism: Context and Scope

aric.adb.org

The model emerged in Japan in the aftermath of World War II. Although Japan was already industrialized, the war had devastated its economy and sharply lowered its wages. Access to markets in the US enabled Japan to develop labor-intensive exports, fuelling a dramatic rise in savings, investment, and economic growth. As Japan’s exports

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