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Regional economic integration is back in vogue following the "stumble" in the Doha Round in July 2008. Preferential trade agreements (PTAs) are driving this trend in Asia and the Pacific as well as in Central and South America, and the sheer volume of PTAs is striking. In the 1990s there were...
Persistent link: https://www.econbiz.de/10011311017
East Asia is a region of great global significance, currently accounting for around 30% of the global economy by most measures, e.g. production, trade, investment and finance. It has also become increasingly integrated in various ways. Integration at the micro-level has steadily progressed since...
Persistent link: https://www.econbiz.de/10011688688
To what extent do the World Health Organization, the World Trade Organization, and the World Bank remain central today and how much influence do they still wield in shaping the global agenda? While several studies have traced the development of various intergovernmental organizations (IGOs),...
Persistent link: https://www.econbiz.de/10011944190
The paper identifies key features of International Monetary Fund (IMF)-supported programs following the 2008 global financial crisis. The statistical analysis of a large sample of countries that borrowed from the IMF during 1997-2013 indicates that, compared to the amount of financing provided...
Persistent link: https://www.econbiz.de/10011944222
The growing population and climatic uncertainties have compelled producers to undertake faster exploitation of the resources in agricultural production to meet global food security, which, in turn, leads towards unsustainable and input-led inefficient production growth. The problem is further...
Persistent link: https://www.econbiz.de/10013359375
Since the mid-1980s, the international community has controlled refrigerants that may damage the ozone layer and cause climate change based on several international agreements. In particular, the Montreal Protocol contributed to not only solving the ozone layer depletion problem but also...
Persistent link: https://www.econbiz.de/10014303057
The COVID-19 situation has accelerated the adoption of e-commerce across the world. While, globally, there has been an increase in the share of e-commerce in total retail sales, there are variations in e-commerce adoption across countries and the difference is obtrusive when one compares...
Persistent link: https://www.econbiz.de/10014303069
This paper examines the political and security challenges and prospects of the Association of Southeast Asian Nations (ASEAN) in the coming two decades. To simplify what is a hugely complex and wide-ranging set of issues, I divide the security challenges facing ASEAN into six broad categories....
Persistent link: https://www.econbiz.de/10010397208
The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global surveillance efforts. This paper reviews how the IMF has responded to earlier regional initiatives, from the European Payments Union of the 1950s and the Gold Pool of the 1960s to the...
Persistent link: https://www.econbiz.de/10010397218
The Trans-Pacific Partnership (TPP) agreement seems to have reached a crossroads: it could either be a building block toward achieving economic integration in Asia and the Pacific, or trigger the formation of two large trade blocs which will work independently of one another. When the Government...
Persistent link: https://www.econbiz.de/10010397224