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East Asia, however, the desire for exchange rate stability will eventually outweigh the desire to maintain a protectionist … tool. How extensive the pressures will be in East Asia will depend not only on how many countries seriously desire to be in … the more integrated economic area in which Factory Asia operates, but also on their institutional and political readiness …
Persistent link: https://www.econbiz.de/10010857579
This paper explores the “black box†of innovation in the electronics production network in East Asia through a …
Persistent link: https://www.econbiz.de/10011277999
Empirical evidence suggests that the emergence of international production networks in East Asia results from market …
Persistent link: https://www.econbiz.de/10011278001
This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consider the total production cost minimization problem by a multinational company (MNC) in allocating...
Persistent link: https://www.econbiz.de/10011278003
in East Asia, and the most realistic option is for the region’s emerging economies to adopt similar managed floating …’s internationalization and the lack of the renminbi’s (or the prospect of its rapid) full convertibility, it is in the interest of East Asia … monetary zone in Asia, Japan needs to make significant efforts at the national and regional levels and further strengthen …
Persistent link: https://www.econbiz.de/10011278016
This paper discusses mechanisms to prevent and resolve foreign exchange crises in East Asia. Policies and mechanisms at … prevention and resolution mechanism for East Asia. …
Persistent link: https://www.econbiz.de/10011278033
This paper considers how exchange rates affect East Asian trade. The evidence indicates that exports produced within regional production networks depend on exchange rates throughout the region while labor-intensive exports depend on exchange rates in the exporting country. These results make...
Persistent link: https://www.econbiz.de/10011278034
section draws out the implications for monetary regionalism in East Asia. …
Persistent link: https://www.econbiz.de/10011278037
Pegging in a coordinated way to a regional basket currency is considered by many as optimal for east-Asian countries. By contrast, according to existing empirical studies, these countries have most often relied on noncooperative United States dollar or G3 pegs. We show for the first time...
Persistent link: https://www.econbiz.de/10011278050
This paper explores the “black box†of innovation in the electronics production network in East Asia through a …
Persistent link: https://www.econbiz.de/10011278060