Showing 1 - 10 of 27,149
the degree of risk-sharing in East Asia has improved along with the observed rise in integration in the region. Higher … how virulent these risks can be when roused from dormancy. Given the inevitability of integration, the challenge is how to … maximize its benefits while minimizing its costs. One benefit of greater integration, particularly financial integration, is …
Persistent link: https://www.econbiz.de/10011281405
In addition to being one of the most isolated countries in the world, North Korea has been the target of sanctions and trade restrictions in recent years. This paper examines the trade patterns of North Korea with its 19 major trading partners over the period 1989-2016. Moreover, the paper...
Persistent link: https://www.econbiz.de/10012816148
Why is Asia lagging behind other regions in creating regional judicial institutions? What lessons from the operation of … such institutions elsewhere could be valuable to Asian regional economic integration? I show that Asian states are not … judicial institutions elsewhere have also rarely been used to resolve inter-state disputes. The most valuable lesson for Asia …
Persistent link: https://www.econbiz.de/10011281468
Regional economic integration is back in vogue following the "stumble" in the Doha Round in July 2008. Preferential … trade agreements (PTAs) are driving this trend in Asia and the Pacific as well as in Central and South America, and the … under negotiation or in force. In this regard, Asia and the Pacific has developed a rapidly evolving regional economic …
Persistent link: https://www.econbiz.de/10010506399
Trade policy in Asia has switched from non-discriminatory unilateral liberalisation, reinforced by GATT/ WTO … will not drive regional economic integration or further integration with the global economy. Rather it could be a force of …
Persistent link: https://www.econbiz.de/10011619066
When debating the pros and cons of economic regionalism, haven't we focused enough on trade in goods at the expense of services? This article argues that regionalism is certainly a building block, not a stumbling block to a multilateral trading system, using the services liberalization scheme of...
Persistent link: https://www.econbiz.de/10011281475
Equilibrium (CGE) model, to evaluate the economics of monetary/financial integration and various configurations of FTAs in Asia …. We conclude that, at present, the postsequencing of economic integration in Asia is developing such that trade agreements …Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years …
Persistent link: https://www.econbiz.de/10011281489
This paper asks how Asia should prepare for the disorderly correction of global imbalances. It recommends tightening … easily if they are coordinated within Asia. …
Persistent link: https://www.econbiz.de/10011281490
results show that comprehensive continent-wide economic integration in Asia is unlikely to happen soon, since the integration …" economic integration in comparison with the European Union (EU) and examines the factors contributing to the integration. The … is confined mainly to East and Southeast Asia, while other regions are much less integrated and globalized. The …
Persistent link: https://www.econbiz.de/10012205606
Europe and Asia followed very different paths to economic integration after 1945. By 2000, an economic union with free … integration agreements were absent from Asia, although countries in East and Southeast Asia were becoming linked in global value …-called WTO+ issues). The outcome will be greater economic integration in Europe and Asia of countries seeking to benefit from …
Persistent link: https://www.econbiz.de/10012137064