In order to advance regional integration in East Asia, there needs to be a rapid expansion of FTAs. The obstacles in promotion of FTAs need to be resolved. Some of the features in realising FTAs are: Strong political leadership which keeps Japan's future firmly in mind; strong support from public;...

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regional trade agreements—of trade deals and others who see net beneficial effects in...

Lack of full regional connectivity is one of the major constraints hindering regional growth and integration in Asia, as well as with the rest of the world. One of the conclusions of this paper is that Asia must strengthen its physical connectivity to make it a conduit for international trade...

This article analyses the importance of international commercial service transactions relating to both trade and investment, which form an essential element of analyzing production fragmentation and economic integration in Asia. Following an aggregative analysis the authors discusses data...

Regional economic integration agreements are considered to be important policy mechanisms to address regional developmental asymmetries. The Asian reality is characterized by developmental asymmetries across countries on the one hand and a lack of comprehensive pan-Asian formal regional economic...

This study examines the consequences of a) a domestic carbon tax policy, and, b) participation in a global tradable emission permits regime on carbon emissions, Gross Domestic Product (GDP), and poverty, in India. The results, based a computable general equilibrium model of the Indian economy,...

This paper addresses the following question: why are we still arguing about globalisation? It analyses the recent evolution of debates relating to the impact of globalisation on poverty and economic growth in developing countries. A stock-take of selected cross-country econometric research is...

SPEECH OF SRI K. ROSAIAH, HONOURABLE FINANCE MINISTER WHILE PRESENTING THE BUDGET FOR THE YEAR 2008-09 TO THE ANDHRA PRADESH STATE LEGISLATURE.

This paper describes business and growth rate cycles with special reference to the Indian economy. It uses the classical NBER approach to determine the timing of recessions and expansions in the Indian economy, as well as the chronology of growth rate cycles, viz., the timing of speedups and...

India's has been a unique path of economic development—internally decided in a democratic framework, constantly debated between different ideologies and interest groups, and increasingly engaging with the world. The ultimate result is uniquely Indian. India has achieved a respectable...