We investigate changes in Asia's regional and global trade linkages and their influence on macroeconomic relationships … among Asia, Europe, and United States (US). We first document changes in trade patterns of East Asia, Europe, and US and … discuss stylized facts about East Asia's trade structure. The People's Republic of China (PRC) plays a critical role as an …

from the North Atlantic, raising the importance of Asia in world trade, and boosting SouthSouth trade. How will trade … patterns change over the next 2 decades in the course of economic growth and structural changes in developing Asia and the rest …, and (iii) various trade policy reforms in developing Asia without and with policy reforms also in the Northʺ and in …

The European Union (EU) has traditionally been an important economic partner for Asia. In addition to absorbing a … into the region. In light of such close economic linkages between the EU and Asia, the euro crisis will undoubtedly … influence Asia's short-term macroeconomic outlook. The key question, however, is how big the impact will be. This paper tries to …

This paper examines the structure and direction of developing Asia's trade over the past two decades. The impacts on … developing Asia of the economic slowdown in 2009-2010 in high-income countries of the Organization for Economic Cooperation and … Development (OECD), which includes the European Union (EU), Japan, and United States (US) are projected through a computable …

The issue of decoupling is controversial. On the back of Asia's sustained high growth, the hypothesis that the region …'s business cycles would become increasingly independent of the global trend gained considerable attention. Asia was nonetheless … of macroeconomic interdependence between emerging East Asia and Group of 3 economies. First, the progress of regional …

This paper analyzes the effects of the current trade conflict on developing Asia using the Asian Development Bank …'s Republic of China (PRC) trade conflict would shave 1% off PRC GDP and 0.2% off US GDP. The rest of developing Asia could see … hurt the European Union and Japan. The conflict has substantial negative effects on PRC and US employment, but only minor …

In this paper, we propose a panel approach in the construction of the Asia-Pacific Regional Cooperation and Integration … principal components analysis. Findings suggest the pace of integration in Asia was broadly steady over the 11-year sample …. Based on global normalization, Asia comes second to the European Union (EU) in progress on regional integration, but in …

Asian economies and between Asia and the rest of the world. It pays special attention to the value-added relationships among … than the direct linkages. Finally, there is an increased tendency in Asia for both "near selling" of the value added in …