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The author provides an overview of the economics of sports in Asia. Topics discussed include sports as a massive economic and social phenomenon, how the issue of "Asian Economic Policy Review" addresses the different dimensions of the economics of sport in Asia, and a summary and discussion on the articles included in the issue of "Asian Economic Policy Review" including the development of professional leagues in football and baseball.

The article presents the author's views on a paper by C.Y. Park and J.W. Lee that examines the degree and nature of financial integration in emerging Asia. According to the author, the paper gives an impression that regional financial integration is more desirables for East Asian emerging economies than global financial integration.

The article offers information on the Comprehensive Economic Partnership Agreement in East Asia (CEPEA) proposed by Japan for regional cooperation in Asia. It provides an overview of the uncertain economic prospects for Asia. It relates the proposal of the CEPEA study group to achieve economic integration in East Asia. It discusses the impact of CEPEA on the gross domestic product in East Asia.