This is one of the few books written on policy issues in Asian economies. It covers contemporary international economic issues that are easily accessible to non-economists. It can also be read by students of applied economics, public policy and international affairs, and international commerce courses. Policy-makers, practitioners and interested observers will also benefit from this book.

While Asia has been integrating rapidly with the global economy, there is clear evidence of closer de facto intra-Asian integration as well. This title addresses issues such as: what is the rationale for motivations behind the rise of such intra-regional flows and the investment and diversification strategies of Asian multinationals?

With the rapid growth of China and India and the resurgence of Southeast Asia post-1997-8, emerging Asia has once again become one of the most dynamic regions in the world. This dynamism has in turn been fuelled largely by a carefully calibrated embracement of economic openness to international trade, investments and capital flows. While much has been written about international trade, there has been somewhat less work on the issue of capital flows, macroeconomic management and foreign direct investment (FDI) to and from the region, a gap that this book attempts to fill. The book is divided...