2012
DOI: 10.1111/j.1468-2346.2012.01103.x
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Asia's role in twenty-first-century global economic governance

Abstract: The basic foundations of today's framework for global economic governance were laid in the years following the Second World War. Reflecting the balance of economic power at the time, Asia did not play a major role in either designing the institutional architecture or setting the agenda for global economic governance. In more recent decades the centre of gravity of the global economy has shifted towards Asia, and this trend is likely to continue in the decades to come. Asia's growing economic weight enhances it… Show more

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Cited by 11 publications
(3 citation statements)
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“…Although Asia has experienced growing economic weight, which enhances its role in shaping global economic governance, the adoption of a global lingua franca – English – is one of five key challenges it has to address (Madhur, 2012). ‘White privilege’ associated with the linguistic capital of English in the labour market is observed in some societies.…”
Section: Ethnicity Migration and Assimilation: The Role Of Language P...mentioning
confidence: 99%
“…Although Asia has experienced growing economic weight, which enhances its role in shaping global economic governance, the adoption of a global lingua franca – English – is one of five key challenges it has to address (Madhur, 2012). ‘White privilege’ associated with the linguistic capital of English in the labour market is observed in some societies.…”
Section: Ethnicity Migration and Assimilation: The Role Of Language P...mentioning
confidence: 99%
“…That said, a divided South Asian region would be a major roadblock for Asia playing a significant role in global economic governance (Madhur 2012). Against the backdrop of these perceptions, this paper examines SAARC's performance and failures as a regional cooperation forum.…”
Section: Introductionmentioning
confidence: 99%
“…The formation of a region-wide FTA in Asia is a key recommendation that has been made by recent studies on Asian economic integration (ADB, 2008a and. Such a region-wide FTA could also enable Asian countries to gradually speak up with unified positions on international trade and investment in global forums and institutions that are responsible for global economic jei China-Japan-Korea FTA: A Dual Track Approach to a Trilateral Agreement governance (Madhur, 2012a and2012b).…”
Section: Introductionmentioning
confidence: 99%