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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
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
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
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
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
developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic … trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … with developing Asia, in particular the relative shares of parts and components versus final goods in its imports from the …
Persistent link: https://www.econbiz.de/10003899253
Developing Asia has traditionally relied on exports to the United States (US) and other industrialized countries for …
Persistent link: https://www.econbiz.de/10003899275
market on trade growth in the regions of Africa and Asia. An exclusive comparison of trade performance of the two regions …
Persistent link: https://www.econbiz.de/10011281268
Infrastructure development in Southeast Asia has been financed mainly by public funds, which leave wide gaps in …
Persistent link: https://www.econbiz.de/10011896328
Developing Asia's infrastructure gap results from both inadequate public resources and a lack of effective channel to …
Persistent link: https://www.econbiz.de/10011877388