To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional connectivity. The effectiveness of connectivity depends on the quality of hard and soft...

Since the financial crises of 1997, East Asia has made modest but nonetheless significant steps towards greater regional integration and cooperation in the areas of finance and trade, accompanied by progress on institution-building at the regional level. Monetary cooperation, however, has not...

Sweden became a member of the European Union (EU) in 1995. Since then, she has been integrated into the EU's internal market under the Single Market Programme (SMP). Before Sweden's accession to the EU, she was a member of the European Free Trade Association (EFTA) signed with the EU in 1972....

In the run-up to the 2008 global financial crisis, there was frequent discussion of Asia having decoupled from economic shock transmission originating in Europe or North America. Much of the basis for these arguments was related to the rapid expansion of intraregional trade in Asia. This paper...

Despite the rapid development of economic interaction between the People’s Republic of China (PRC) and Latin American and Caribbean (LAC) countries, their trade and investment ties are still in their very early stages, and the complementarity of factor endowments dominates their bilateral...

Pacific economies are confronted with several structural constraints that limit their economic growth, most importantly their small size and remoteness from major world markets. In this paper we study the importance of transport connectivity for Pacific economies when participating in the world...

Transportation corridors and reduced trade costs are essential to develop Central Asia Regional Economic Cooperation (CAREC) countries' foreign trade. However, to intensify intra-CAREC trade as well as the region's global exports, the product portfolio of CAREC countries' industry and...

Infrastructural development is crucial for regional trade integration. This study investigates the extent of regional trade interdependence of the Association of Southeast Asian Nations (ASEAN) and its nexus with infrastructure. We selected 13 countries-ASEAN and three other countries (India,...

The impact of globalization on equality has become a serious concern for many countries. More evidence that challenges the theoretical prediction of positive impact of international trade on income distribution has increasingly become available recently. This paper addresses this subject,...

This study is the first attempt to investigate the patterns of imports and exports between the Russian Federation and East Asian economies, namely, the People's Republic of China; Hong Kong, China; Macau, China; Japan; the Republic of Korea; and Mongolia. To this end, a panel-gravity trade model with...