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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
—and evolutionary processes of economic integration in light of regional policy targets in Asia. The analysis highlights the importance …
Persistent link: https://www.econbiz.de/10010991131
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
implication is that governments in Asia should continue and/or strengthen pension reforms towards more pre-funding of future …
Persistent link: https://www.econbiz.de/10010840157
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …
Persistent link: https://www.econbiz.de/10010840166
As Asia considers greater harmonization and integration of its financial systems, it would be well-advised to consider … formally as a lender of last resort in a financial crisis. Europe’s experiences should not dissuade Asia from seeking … appropriate further harmonization and integration. However, they do argue strongly for Asia to take the kind of careful, step …
Persistent link: https://www.econbiz.de/10010840169
Asia given the backdrop of a changing world in which development priorities and challenges are changing rapidly and the … Asia, provides some comparisons of their performance, notes their overlapping responsibilities, and explains current …
Persistent link: https://www.econbiz.de/10010840174