Showing 1 - 10 of 18
This paper examines whether the renminbi (RMB) has supplanted the US dollar as the major anchor currency in the currency baskets of East Asian economies. It systematically demonstrates that existing techniques to address the problem of severe multicollinearity in estimations of the...
Persistent link: https://www.econbiz.de/10010991101
openness as the metrics for the trilemma hypothesis. In their exploration, they take a different and more nuanced approach than …
Persistent link: https://www.econbiz.de/10010991111
With the rise of the People's Republic of China (PRC) as the world's largest trading nation (measured by trade value … policy of the PRC has significant implications for exchange rate regimes in emerging East Asia. This paper examines the …
Persistent link: https://www.econbiz.de/10010991113
This paper presents a theoretical framework for policy making based on the “impossible trinity” or the “trilemma …” hypothesis. A simple optimization model shows that placing more weight in terms of preference for each of the three open …
Persistent link: https://www.econbiz.de/10010991119
Several recent empirical and theoretical studies have revived interest in the relationship between the level of the exchange rate and economic development. This paper develops a dynamic model based on the Ricardian framework with a continuum of goods to consider the issue from a somewhat...
Persistent link: https://www.econbiz.de/10009393887
multilateralize it. The paper first reviews free trade agreement (FTA) developments, and discusses the characteristics and motives of … as a base for a region-wide FTA. Finally, the paper examines the feasibility of the RCEP by consolidating the ASEAN+1 …
Persistent link: https://www.econbiz.de/10010840188
This paper examines the gains for South Asian economies from integrating with East Asia and India’s role in this … process. Evidence of increased pan-Asian integration exists but the process is uneven. Bilateral trade has grown. As have … bilateral foreign direct investment flows and free trade agreements (FTAs), albeit at a slower pace than trade. The integration …
Persistent link: https://www.econbiz.de/10010840205
involves liberalization and facilitation of trade in goods, services, and investment, as well as protection and promotion of … investment. The paper outlines the AEC Blueprint actions and the time lines for completion. The authors find that by end-2011 …
Persistent link: https://www.econbiz.de/10010840212
for inter-regional integration by liberalizing goods and services trade as well as some regulatory barriers. Future FTAs …Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the … by liberalizing trade and behind the border regulatory barriers. Overall Asia-Latin America FTAs provide the foundations …
Persistent link: https://www.econbiz.de/10010840220
sector’s trade potential, which depends on whether Korean audiovisual services providers create high quality content that can … be shared locally and/or universally. The most important prerequisite for high quality content is the generation of …
Persistent link: https://www.econbiz.de/10010840234