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contrast, Japan's FDI in the services sectors in ASEAN is growing rapidly. The recent phenomenon of the Singapore Shift in … establish a commercial presence in Singapore, which they expect to be the hub of Southeast Asia, thereby enabling them to supply … services to the entire ASEAN region. The magnitude of the Singapore Shift varies for every services sub-sector. By comparing …
Persistent link: https://www.econbiz.de/10013128725
In this paper we examine the changing nature of Japan's commercial policy over the last 25 years while reviewing Japan's changing structure of trade, FDI and economy that underlay policy changes. We argue that until the late 1990s Japan adopted a two-track approach of relying on multilateral...
Persistent link: https://www.econbiz.de/10013132377
We study the role of the bank-lending channel in propagating fluctuations in commodity prices to credit aggregates and economic activity in developing countries. We use data on more than 1,600 banks from 78 developing countries to analyze the transmission of changes in international commodity...
Persistent link: https://www.econbiz.de/10011944191
This paper discusses trade facilitation in the context of enhancing trading links between South and Southeast Asia, in a manner understandable to the non-specialist. Presently, these two Asian regions tend to trade preferentially with distant markets. One of the reasons cited for the limited...
Persistent link: https://www.econbiz.de/10011310985
This paper examines the changing relationship between trade policy, production networks, and economic growth in Asia. It traces East Asia's rise to the coveted "Factory Asia" league with rapid growth over several decades through trade policy anchored on outward-oriented industrialization...
Persistent link: https://www.econbiz.de/10011310991
South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This underperformance has been due to both policy-related variables - relatively high tariff and non-tariff...
Persistent link: https://www.econbiz.de/10011310992
This paper makes the case for the need to "upgrade" current analytical tools used for trade policy analysis and complement them with more detailed firm-level data. Such an upgrade should be based on the latest intellectual advancements in trade theories and the latest firm-level trade statistics...
Persistent link: https://www.econbiz.de/10011311007
Growing internationalization of firms in Asia through participation in global value chains (GVCs) and free trade agreements (FTAs) has focused attention on small and medium-sized enterprises (SMEs). Yet there is scant literature on the characteristics of SMEs involved in GVCs and FTAs. Malaysia...
Persistent link: https://www.econbiz.de/10011311008
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
Several of the Sustainable Development Goals (SDGs) suggest that improving well-being is achievable through trade. The free flow of goods and services internationally, which encourages efficient production and expansion of consumption, may support SDGs concerning inclusive and sustainable...
Persistent link: https://www.econbiz.de/10011688680