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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...
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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
This paper surveys recent literature on the design of international institutions and applies the insights from it to the prospects for regional economic cooperation in the Asia-Pacific. The political and economic heterogeneity of the region has served the process of regional economic...
Persistent link: https://www.econbiz.de/10011281461
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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
The paper argues that East Asian regionalism is fragile because (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" - in particular for intraregional trade; (ii) the unilateral tariff-cutting that created Factory Asia is not subject to WTO discipline...
Persistent link: https://www.econbiz.de/10011281488
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