The East Asian Bureau of Economic Research is a forum for high-quality economic research focussing on issues facing the economies of East Asia. It comprises representatives from Japan, China, South Korea, Vietnam, Cambodia, Laos, Thailand, Malaysia, the Philippines, Indonesia and Australia. The rapid development of the East Asian economies, the growth of intra-regional trade, financial and other economic interaction, and East Asia's new role in the global economy all underline the need for access to a vastly increased range of quality economic analysis on East Asia.

EABER-SABER Newsletter

April, 2014
Juzhong Zhuang
Developing-Asia’s impressive growth continues but faces a new challenge — inequality is on the rise. Over the last few decades, the region has lifted people out of poverty at an unprecedented rate. But more recent experience contrasts with the ‘growth with equity’ story that characterised the newly industrialised economies’ transformation in the 1960s and 1970s. Treating developing Asia as a single unit, its Gini coefficient of per capita consumption expenditure — a commonly used measure of inequality — worsened from 39 in the early 1990s to 46 in the late 2000s. It worsened from 32 to 43 in China, from 33 to 37 in India, and from 29 to 39 in Indonesia. Inequality widened in 12 of the 28 economies with comparable data — and these 12 countries account for over 80 per cent of developing-Asia’s population.

Events

Recent Papers

Name Author Date published
The Role of Offshore Financial Centers in the Process of Renminbi Internationalization Yin-Wong Cheung April 2014
A Short-Run Analysis of Exchange Rates and International Trade with an Application to Australia, New Zealand, and Japan José Anson, Mauro Boffa, Matthias Helble April 2014
Does Finance Really Matter for the Participation of SMEs in International Trade? Evidence from 8,080 East Asian Firms Yothin Jinjarak, Paulo Jose Mutuc, Ganeshan Wignaraja March 2014
Global Implications of the Renminbi’s Ascendance Eswar Prasad March 2014
Income Distributions, Inequality, and Poverty in Asia, 1992–2010 Duangkamon Chotikapanich, William E. Griffiths, D. S. Prasada Rao, Wasana Karunarathne March 2014
Globalization, Infrastructure, and Inclusive Growth L. Alan Winters February 2014
Rising Inequality in Asia and Policy Implications Juzhong Zhuang, Ravi Kanbur, Changyong Rhee February 2014
How Far Can Renminbi Internationalization Go? Yu Yongding February 2014
Regional Financial Regulation in Asia Masahiro Kawai, Peter J. Morgan February 2014
Emerging Economies’ Supply Shocks and Japan’s Price Deflation: International Transmissions in a Three-Country DSGE Model Naohisa Hirakata, Yuto Iwasaki, Masahiro Kawai February 2014
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