This study examines the observable phenomenon of growing trade intensity among the ASEAN+3 countries over the last twenty years by using standard gravity approach. While there is a conventional belief that trade intensities within CJK (China Japan and Korea) and between CJK and ASEAN have...

The global economic slowdown has again highlighted the vulnerability of export-led development models and economies to downturns in export markets. Economic deepening or rebalancing with an emphasis on service-sector development should beand is becomingone long-term response to the crisis by...

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 bowlâ€â€”overlapping, multiple trade rules, regulations, and standards in Asia—in the process of regional and global...

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 bowlâ€â€”overlapping, multiple trade rules, regulations, and standards in Asia—in the process of regional and global...

China has achieved great success in its economic development since it has conducted economy-wide reforms and opened itself to the outside world. Within less than three decades, China has now become a leading economy in the world, the second largest in FDI inflow, the third largest in foreign...

As a result of changing conditions in the world market and increasing global competition, trade and integration arrangements have become a part of economic and development strategies of countries. Bilateral economic partnerships or Free Trade Agreements are seen as an option in creating a stable...

The 14th Asia-Pacific Economic Cooperation (APEC) Economic Leaders Meeting was held in Hanoi, Viet Nam on November 18-19 under the theme of Toward a Dynamic Community for Sustainable Development and Prosperity. The theme conveys two messages : One is to enhance trade and investment in a rapidly...

Employing the Annual Trade Policy issued each year by the Ministry of Commerce as a simplified case study, this paper examines the reasons for the ineffectiveness of this policy instrument and the inherent inconsistencies and conflicting signals to the market that it contains. Capacity...

The development of China-ASEAN trade and economic relations within the recent 15 years has of great significance not only for both sides but also for the whole East-Asia region. This paper intends to discuss the latter that is regional implications of 15 years development of China-ASEAN trade...

In May 2013 the ASEAN+6 countries began to negotiate the Regional Comprehensive Economic Partnership (RCEP). The objective of this paper is to analyze the feasibility of constructing such a region-wide agreement and to examine ways to multilateralize it. The paper first reviews free trade...