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After considering the background to the G20 summit meetings after the recent global economic and financial crisis, this paper aims to identify the trade agenda that represents Asia's concerns for the global and regional trading system. Asia, in particular East Asia, has played an important role...
Persistent link: https://www.econbiz.de/10011281462
This paper investigates the effect of trade integration on military conflict. Our empirical analysis,based on a large panel data set of 290,040 country-pair observations from 1950 to 2000, confirms that an increase in bilateral trade interdependence and global trade openness significantly...
Persistent link: https://www.econbiz.de/10010529705
given underlying weaknesses in the region's financial systems. Rapid financial globalization also poses new challenges as …
Persistent link: https://www.econbiz.de/10010529708
Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years.These accords span the real and financial sectors; rather than following the more typical pattern of "trade first,money later", recent policy initiatives involve the simultaneous...
Persistent link: https://www.econbiz.de/10011281489
done to strengthen our financial systems. As the world addresses the financial impact of the COVID-19 pandemic, the …
Persistent link: https://www.econbiz.de/10012232895
World trade volume is in retreat for the first time in more than two decades and the contraction is on a scale not seen … trade with the rest of the world. Moreover, US imports that avail of preferential tariff treatment are also contracting more … to strangle world trade. The failure of bilateral free trade agreements to act as a shock absorber suggests that a new …
Persistent link: https://www.econbiz.de/10003913740
This paper reviews trends in East Asian regionalism in the areas of trade and investment, money and finance, and infrastructure. It presents various measures of trade and financial integration. An important finding of the paper is that increasing trade and financial integration in the region is...
Persistent link: https://www.econbiz.de/10011281500
Asian money markets entered the financial crisis in better shape than markets in other regions due to a substantial build-up of savings and liquidity in their banking systems, as well as a greater domestic focus in most of the region's markets. However, despite the higher liquidity and lower...
Persistent link: https://www.econbiz.de/10010529703