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In this paper an attempt is made to evaluate the most efficient approach to regional economic integration in Asia. For the purpose, Asia is defined as inclusive of ASEAN, the plus three economies of China, Japan, Korea and India that is the ASEAN plus four. Given that ASEAN is an existing...
Persistent link: https://www.econbiz.de/10009365146
China has achieved great success in its economic development since it has conducted economy-wide reforms and opened itself to the outside world. Within less than three decades, China has now become a leading economy in the world, the second largest in FDI inflow, the third largest in foreign...
Persistent link: https://www.econbiz.de/10009363408
Persistent link: https://www.econbiz.de/10009363441
The present study is an attempt to explore the potentials for expanding trade and investment under the ambit of sub-regional cooperation comprising four contiguous countries of Eastern South Asia which includes the two fast growing economies -India and China and the two developing economies of...
Persistent link: https://www.econbiz.de/10009365132
The Trans-Pacific Partnership (TPP) Agreement aims to be a high quality, 21st Century economic agreement that furthers economic integration in the Asia Pacific. In late 2011 it remains unclear whether the TPP will turn out to be a stepping stone or stumbling block towards regional or global...
Persistent link: https://www.econbiz.de/10009366822
This paper investigates the effect of regional borders on trade in Asia. The regional borders define the three regions of Asia : South, Southeast, and East Asia. Regional trade indicates the flows of trade within a region, whereas regional border trade means trade across regions. A gravity model...
Persistent link: https://www.econbiz.de/10010857583
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...
Persistent link: https://www.econbiz.de/10011278063
In all the regions of the contemporary world—including Asia—there is a growing trend in market consolidation through regional collaboration in the form of bilateral and regional trade agreements. Regional cooperation and integration can facilitate the way for expanding...
Persistent link: https://www.econbiz.de/10011278066
In this paper, we analyzed key aspects of the changing economic relationship between the European Union (EU) and Asia, and explored the potential economic ramifications of deeper EU-Asian economic cooperation. We also investigated the possible costs to the EU of remaining “disengagedâ€...
Persistent link: https://www.econbiz.de/10011278069
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/10011278076