Introduction: Evolving Finance, Trade and Investment in Asia Tomoo Kikuchi
1. The Role of China, Japan, and Korea in Machinery Production Networks Ayako Obashi and Fukunari Kimura
2. Global Value Chains and China’s Exports to High-income Countries Yuqing Xing
3. Rethinking the Exchange Rate Impact on Trade in a World with Global Value Chains Kevin C. Cheng, Gee Hee Hong, Dulani Seneviratne and Rachel van Elkan
4. Exchange Rates and Production Networks in Asia: A Twenty-first Century Perspective Willem Thorbecke
5. Mega-FTAs and the WTO: Competing or Complementary? Shujiro Urata
6. Heterogeneous Patterns of Financial Development: Implications for Asian Financial Integration Linh Bun and Nirvikar Singh
7. Regional Financial Integration in East Asia against the Backdrop of Recent European Experiences Ulrich Volz
8. Does Inflation Targeting in Asia Reduce Exchange Rate Volatility? Alice Y. Ouyang and Ramkishen S. Rajan
Biography
Tomoo Kikuchi is a Senior Research Fellow at Centre on Asia and Globalisation, Lee Kuan Yew School of Public Policy, National University of Singapore, and a Guest Research Fellow at the Keio Global Research Institute at Keio University, Tokyo, Japan.






