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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...
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system, using the services liberalization scheme of Association of Southeast Asian Nations (ASEAN) as a case study. At the … same time, it is critical to set out a proper institutional arrangement to ensure that regional services liberalization …
Persistent link: https://www.econbiz.de/10011281475
This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other...
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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 … unusually averse to refer inter-state disputes over trade, investment, and territory to global judicial institutions. Moreover …
Persistent link: https://www.econbiz.de/10011281468
A common view holds that the trend toward Asian financial regionalism is a relatively new phenomenon that became significant after the Asian financial crisis of 1997/98. This paper challenges this view by exploring and analyzing financial regionalist projects in Asia throughout the 1990s. As...
Persistent link: https://www.econbiz.de/10011281473
The 1997/98 Asian currency crisis has led a once high-flying East Asia to realize its vulnerability to external shocks. This realization has given strong impetus to greater economic integration among East Asian economies, with the ASEAN-Korea Free Trade Area (AKFTA) a case in point. This paper...
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