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Since the Asian financial crisis of 1997‒1998, the Association of Southeast Asian Nations (ASEAN) has continuously worked on the context of financial integration and put tremendous effort into ensuring financial stability in the region. Two ASEAN Economic Community (AEC) blueprints have been...
Persistent link: https://www.econbiz.de/10012210120
This paper examines the developments of cross-border portfolio assets and liabilities in the Asia and Pacific region …. Limited capital inflows to debt securities issued by emerging Asia may be attributable to the early stages of bond market … reflects Japan's preference toward debt securities. Other Asia and Pacific economies have invested more heavily in foreign …
Persistent link: https://www.econbiz.de/10011843951
trade agreements (PTAs) are driving this trend in Asia and the Pacific as well as in Central and South America, and the … under negotiation or in force. In this regard, Asia and the Pacific has developed a rapidly evolving regional economic … Economic Partnership (or ASEAN+6 RCEP), as well as the putative Free Trade Agreement of the Asia-Pacific (FTAAP), which …
Persistent link: https://www.econbiz.de/10010506399
results show that comprehensive continent-wide economic integration in Asia is unlikely to happen soon, since the integration … is confined mainly to East and Southeast Asia, while other regions are much less integrated and globalized. The … explain the success of the Asia model. Unlike the experience of the EU, the model is heavily market-driven and private …
Persistent link: https://www.econbiz.de/10012205606
Europe and Asia followed very different paths to economic integration after 1945. By 2000, an economic union with free … integration agreements were absent from Asia, although countries in East and Southeast Asia were becoming linked in global value …-called WTO+ issues). The outcome will be greater economic integration in Europe and Asia of countries seeking to benefit from …
Persistent link: https://www.econbiz.de/10012137064
Sweden became a member of the European Union (EU) in 1995. Since then, she has been integrated into the EU's internal market under the Single Market Programme (SMP). Before Sweden's accession to the EU, she was a member of the European Free Trade Association (EFTA) signed with the EU in 1972....
Persistent link: https://www.econbiz.de/10012219630
Persistent link: https://www.econbiz.de/10013371267
agreements is of paramount importance given the phenomenal economic performance of Asia. Against this backdrop this paper tries … to describe the nature and extent of developmental and growth asymmetries in Asia. Some conceptual aspects of growth … to some other prominent regions of the world. The paper finds some evidence of growth divergence among East Asia Summit …
Persistent link: https://www.econbiz.de/10003927386
Persistent link: https://www.econbiz.de/10010253942
provide pragmatic evidence of trade integration from the digitalization in Asia. Moreover, in identifying the factors … digitalization in Asia. The Bayesian approach of the gravity model gives robust estimates for determining the impact factor for the … integration can be implemented across Asia with evidence and robust estimates of the gravity model, including robustness checking …
Persistent link: https://www.econbiz.de/10012493905