Asia was faced with a sudden and sharp crisis in 2008-2009, the
proximate cause of which was reversals in foreign capital flows, not unlike the
regional crisis a decade ago. How different has this boom and bust cycle of
international capital flows been from the previous one? The paper examines the
balance of payments dynamics in emerging Asia to understand the magnitude
and types of private capital flows to and from the region between 1990 and 2008.
Attention is paid to both the crises periods of 1997-1998 as well as 2007-2008
It is widely recognized that the quality of trading environment has a significant impact on export competitiveness. The studies compiled in this publication analyse the relationship between trade facilitation and export competitiveness; analyse quantitatively and qualitatively the impact of trade costs on export; examine the status of export competitiveness in the region by using various indicators; and identify the effective ways of improving trading environment through trade and transport facilitation.
The principal aim of this publication is to fill a perceived gap in policy-related research and understanding of the development of the small and medium-sized enterprise (SME) sector in the Asia-Pacific region, in the context of a rapidly changing and mutating international business environment. To foster growing national economies, policymakers in virtually all countries are expected to facilitate the entry of new business ventures and to increase the competitiveness of SMEs.
Since 1990, the Human Development Index has revolutionized discussions about
human development. However, it suffers from two deficiencies, which can now be mitigated:
geographic incompleteness and insufficiently “on-target” representation of economy,
knowledge, and “a long and healthy life” at the level of the individual. This report summarizes
attempts to rectify those deficiencies.
In addition, steady advances in attempts to characterize different aspects of the human
The Asia-Pacific Development Journal (APDJ) is published twice a year by the Macroeconomic Policy and Development Division of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
The primary objective of the APDJ is to provide a platform for the exchange of knowledge, experience, ideas, information and data on all aspects of economic and social development issues and concerns facing the region and to stimulate policy debate and assist in the formulation of policy.
The Asia-Pacific Trade and Investment Report is an annual publication prepared by staff of the Trade and Investment Division as a full in-house publication. The Report replaces the Asia-Pacific Trade and Investment Review with its first issue in 2009. The theme of APTIR 2009 is: "trade-led recovery and beyond". This issue analyses the impact of the global economic crisis on trade and investment flows in and to the region and implications for trade policy.