Showing 1 - 10 of 88
This paper investigates how exchange rates affect the utilization of a free trade agreement (FTA) scheme in trading. Changes in exchange rates affect FTA utilization by two ways. The first way is by changing the excess profits gained by utilizing the FTA scheme, and the second way is by...
Persistent link: https://www.econbiz.de/10011184291
This paper analyzes "institutional connectivity", or the degree of seamless trade in services centering on the distribution sector. Foreign equity participation in mode 3 (commercial presence) of trade in services and business firms’ investment performance has been studied closely. Net...
Persistent link: https://www.econbiz.de/10011134432
This paper investigates the changes in the structures of industrial networks that have occurred in the Asia … textiles and electronics, on China’s industries, though industries in Japan and the United States remain important as the …
Persistent link: https://www.econbiz.de/10005222510
major East Asian countries/regions as well as Japan and the United States. Given the dynamic changes in the economies of … East Asia, this paper attempts to summarize the characteristics and their patterns of change in industrial structures and … trade structures of the countries/regions in the Asia-Pacific region from the three viewpoints of time, space, and industry …
Persistent link: https://www.econbiz.de/10005744796
We address the puzzle why the black market for foreign exchange thrives in Myanmar despite the successful unification of multiple exchange rates. A closer look at the black market reveals that its enduring competitiveness stems from its lower transaction costs. A question arising from this...
Persistent link: https://www.econbiz.de/10011213719
Myanmar maintained a multiple exchange rate system, and the parallel market exchange rate was left untamed. In the last two decades, the Myanmar kyat exchange rate of the parallel market has exhibited the sharpest fluctuations among Southeast Asian currencies in real terms. Since the move to a...
Persistent link: https://www.econbiz.de/10011134435
In this paper we build a theoretical model on the wage effect of skilled emigration to the fluctuations in real exchange rate through the relative prices of nontradables. Our theoretical model predicts that skilled emigration is associated with an increase in the prices of nontradable, which in...
Persistent link: https://www.econbiz.de/10011105827
The installment of a new government has augmented the prospect for implementing disinflation and exchange rate unification in Myanmar. A close look at the state budget shows that the reform of the budget system for state economic enterprises (SEEs) is essential. Reforms need to hold the...
Persistent link: https://www.econbiz.de/10009493061
This paper examines the causal relationship between central bank intervention and exchange returns in India. Using monthly data from December 1997 to December 2011, the empirical results derived from the CCF approach of Cheung and Ng (1996) suggest that there is causality-in-variance from...
Persistent link: https://www.econbiz.de/10010583826
In the five-year period from 2006 to 2011, the real exchange rate of the Myanmar kyat appreciated 200 percent, signifying that the value of the US dollar in Myanmar diminished to one third of its previous level. While the resource boom is suspected as a source of the real exchange rate...
Persistent link: https://www.econbiz.de/10010562134