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Masahiro Kawai
Former Dean, ADBI

Brief Biography

Mr. Kawai joined ADBI in January 2007 after serving as Head of ADB's Office of Regional Economic Integration (OREI) and Special Advisor to the ADB President in charge of regional economic cooperation and integration.

Prior to his assumption as Head of OREI, Mr. Kawai was a Professor at the University of Tokyo's Institute of Social Science. Mr. Kawai also worked as Chief Economist for the World Bank's East Asia and the Pacific Region from 1998 to 2001, and as Deputy Vice Minister of Finance for International Affairs of Japan's Ministry of Finance from 2001 to 2003.

Mr. Kawai began his career as a Research Fellow at Brookings Institution and then as an Assistant and Associate Professor in the economics department of Johns Hopkins University. Afterwards, he served as an Associate and Full Professor at the Institute of Social Science, University of Tokyo.

He served as a consultant at the Board of Governors of the Federal Reserve System and at the International Monetary Fund, both in Washington, DC. He was also Special Research Advisor at the Institute of Fiscal and Monetary Policy in Japan's Ministry of Finance, and a visiting researcher at the Bank of Japan's Institute for Monetary and Economic Studies and at the Economic Planning Agency's Economic Research Institute.

Mr. Kawai has published a number of books and numerous articles on economic globalization, on regional financial integration and cooperation in East Asia, including lessons from the Asian crisis, and on the international currency system.

He graduated with his B.A. and M.A. degrees in Economics from the University of Tokyo's Faculty of Economics. He earned his M.S. degree in Statistics and Ph.D. degree in Economics from Stanford University.

Download Masahiro Kawai's full CV.

ADBI Publications

Rebalancing for Sustainable Growth: Asia's Postcrisis ChallengeThis book describes the challenges facing Asian economies in the post-global financial crisis environment and identifies structural issues and policies to help guide Asian policy makers to expand the growth potential of domestic and regional demand, thereby creating a basis for balanced, sustainable, and inclusive long-term growth. 
From the Chiang Mai Initiative to an Asian Monetary FundThis paper summarizes and evaluates the progress of regional financial cooperation, particularly the ERPD, the CMI and its subsequent multilateralization (CMIM), and the ASEAN+3 Macroeconomic Research Office (AMRO). 
Monetary and Financial Cooperation in East Asia: The State of Affairs after the Global and European CrisesThis book presents contributions by scholars from different countries. Each one was invited to describe the vision of their policy makers. 
Renminbi Internationalization: Achievements, Prospects, and ChallengesThis book offers a new perspective on the larger issues of economic, financial, and institutional change in what will eventually be the world's largest economy. 
Trilemma Challenges for the People's Republic of ChinaChallenges facing the People's Republic of China's monetary policy. 

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