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labor in Asia and the Pacific has stagnated in recent years even as the flow of goods, services, and investment have …
Persistent link: https://www.econbiz.de/10012110449
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 …
Persistent link: https://www.econbiz.de/10011856331
We develop an index to measure the degree of regional integration in Asia and the Pacific (48 economies in six …
Persistent link: https://www.econbiz.de/10011644828
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 …
Persistent link: https://www.econbiz.de/10013373223
comparison of Asia's regional integration performance with those of other regions of the world. As a second step, the constructed … indicator of regional integration outcomes is used as the output variable in a data envelopment analysis (DEA) to estimate Asia …
Persistent link: https://www.econbiz.de/10011317823
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 …
Persistent link: https://www.econbiz.de/10011581854
The Regional Comprehensive Economic Partnership (RCEP) presents strong potential to mold regional trade and investment patterns well into the future and to influence the direction of global economic cooperation at a challenging time. This paper evaluates the RCEP and estimates its potential...
Persistent link: https://www.econbiz.de/10012664623
Launched as a political bloc and security pact in the aftermath of the Viet Nam War, the Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda. Its latest project is to establish the ASEAN Economic Community (AEC) by 31 December 2015. Fulfilling these...
Persistent link: https://www.econbiz.de/10011281269
"Although a latecomer, economically important Asia has emerged at the forefront of global free trade agreement (FTA … encourage a regionwide FTA. Political economy considerations suggest that a likely scenario is for FTA consolidation in Asia …
Persistent link: https://www.econbiz.de/10008749687
Southeast Asia, and diverse feed-in tariffs for renewable energy. The three main ways regional cooperation can strengthen …
Persistent link: https://www.econbiz.de/10010463678