Showing 31 - 40 of 46
To the extent that financial contagion from the United States and the euro area crisis has occurred in Asia, this paper …
Persistent link: https://www.econbiz.de/10010840224
This paper evaluates the extent of exchange rate coordination among Asian economies using a hypothetical Asian Currency Unit. Rising interdependence among Asian economies makes it vital for these economies to have a certain degree of exchange rate stability. However, the empirical evidence using...
Persistent link: https://www.econbiz.de/10010840247
Southeast Asia on the other. It also discusses the importance of new deep-sea ports in creating alternative shipping routes … these gaps can be addressed will depend on the costs and benefits. South Asia–Southeast Asia connectivity can only be …
Persistent link: https://www.econbiz.de/10011099151
Motivated by the unprecedented rise of swap agreements between the central banks of developed economies and their developing economy counterparts, this paper evaluates Asian swap arrangements and their association with the build-up of foreign reserves prior to the 2008–2009 global financial...
Persistent link: https://www.econbiz.de/10009192028
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 … Economic Partnership (or ASEAN+6 RCEP), as well as the putative Free Trade Agreement of the Asia-Pacific (FTAAP), which …
Persistent link: https://www.econbiz.de/10011264792
This paper examines the export experience of East Asian economies in the aftermaths of the crisis against the backdrop of a systematic analysis of precrisis trade patterns. The analysis is motivated by the “decoupling” thesis, which was a popular theme in Asian policy circles in the lead-up...
Persistent link: https://www.econbiz.de/10008467192
institutions that Asia needs to establish to contribute to this evolving global economic architecture. …
Persistent link: https://www.econbiz.de/10010991084
Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the … challenges faced by the Asian “noodle bowl”—overlapping, multiple trade rules, regulations, and standards in Asia—in the process … among Asian economies that have formed Asian supply chains, called Factory Asia. It then considers ways and means of …
Persistent link: https://www.econbiz.de/10010991095
The authors develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In their exploration, they take a different and more nuanced approach than the previous indexes developed by Aizenman,...
Persistent link: https://www.econbiz.de/10010991111
those in Asia’s emerging economies. …
Persistent link: https://www.econbiz.de/10010991125