Showing 1 - 10 of 207
Motivated by the unprecedented rise of swap agreements between the central banks of developed economies and their developing economy counterparts, this paper evaluates Asian swap arrangements and their association with the build-up of foreign reserves prior to the 2008–2009 global financial...
Persistent link: https://www.econbiz.de/10014179703
This paper analyzes the impacts of the 1998 and 2008 financial crises on the Korean labor market. We study the historical background of the Korean Employment Insurance System and the change of labor policies from the 1998 Asian financial crisis to the current 2008 global financial crisis. While...
Persistent link: https://www.econbiz.de/10013143599
Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the … challenges faced by the Asian “noodle bowl” — overlapping, multiple trade rules, regulations, and standards in Asia — in the … among Asian economies that have formed Asian supply chains, called Factory Asia. It then considers ways and means of …
Persistent link: https://www.econbiz.de/10013077731
Although a latecomer, economically important Asia has emerged at the forefront of global free trade agreement (FTA …. Political economy considerations suggest that a likely scenario is for FTA consolidation in Asia to be followed by connections …
Persistent link: https://www.econbiz.de/10014203550
To make Asia more economically sustainable and resilient against external shocks, regional economies need to be …, reforms, systems, and procedures and through promoting effective coordination and cooperation. Asia has many overlapping … build seamless Asian connectivity, Asia needs an effective, formal, and rules-based institutional framework. The paper …
Persistent link: https://www.econbiz.de/10013141201
The Asia and Pacific region and Latin American and Caribbean region are two regions divided not only by vast geographic … cooperation between the Asia and Pacific region and Latin America and the Caribbean. It also provides some recommendations to …
Persistent link: https://www.econbiz.de/10013142250
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which … organizations, and the domestic political realities of East Asia …
Persistent link: https://www.econbiz.de/10013128195
This paper considers the choices facing the Asian tiger economies regarding growth strategies that foster trans-Pacific rebalancing. A review of historical data spanning 2000 to 2008 reveals only a slight widening of the overall current account surplus but that there is considerable variation...
Persistent link: https://www.econbiz.de/10013139277
financial and monetary cooperation in East Asia in the wake of the 2008 global financial crisis. The Republic of Korea would not … (ASEAN); Hong Kong, the PRC; and Taipei,China. Japan has shown less interest in assuming a greater role in East Asia … PRC. Otherwise, ASEAN 3 will lose its rationale for steering regional economic integration in East Asia …
Persistent link: https://www.econbiz.de/10013119267
This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the sources of institutional trajectories of economic development in China, Japan, and Korea. It stylizes the Malthusian-phase of East Asian economies as peasant-based economies in which...
Persistent link: https://www.econbiz.de/10013097178