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Free trade agreements (FTAs) have proliferated in East Asia in recent years. As of December 2008, eight bilateral FTAs … pressing issue for Japanese firms because Japanese firms have expanded overseas, particularly into the rest of Asia, which has … contributed to the formation of production networks in East Asia. There have been numerous ex ante studies on the impacts of FTAs …
Persistent link: https://www.econbiz.de/10003901391
Although a latecomer, economically important Asia has emerged at the forefront of global free trade agreement (FTA …. Political economy considerations suggest that a likely scenario is for FTA consolidation in Asia to be followed by connections …
Persistent link: https://www.econbiz.de/10003901392
poverty reduction - in Asia. In exploring this relationship, this study goes beyond defining poverty by the income or … evidence that manufacturing growth has had a bearing on the inclusiveness of growth, especially in Southeast Asia in recent …
Persistent link: https://www.econbiz.de/10003901395
I analyze the risks in the banking systems in East Asia using the standard supervisory framework, which assesses … tests indicate that the largest banking systems in East Asia have a total of almost US$1.2 trillion in Tier 1 capital and a …
Persistent link: https://www.econbiz.de/10003901398
With the global economy still in recession, two important questions arise for Asia: how soon will the recession end … Asia in order to shed light on these issues. Several important stylized facts emerge from this study: (i) recessions … norm, suggesting that the current recession could have been even costlier and more drawn out had Asia's banks not entered …
Persistent link: https://www.econbiz.de/10003901423
The global economic crisis refocused attention on the governance of international economic institutions (IEIs). This study uses the analytical framework of club theory to highlight structural obstacles to reform in international macroeconomic management, development finance, trade, and financial...
Persistent link: https://www.econbiz.de/10003901475
This paper reviews the effectiveness of unconventional monetary policies and their relevance for emerging markets. Such policies may be useful either when interbank rates fall to zero, or when a credit crunch or rise in risk premium impairs the normal transmission mechanism of monetary policy....
Persistent link: https://www.econbiz.de/10003901570
It has taken two crises - the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009 - for the international community to seriously focus on the reform of the international financial architecture for crisis prevention, management and resolution. Facing the global...
Persistent link: https://www.econbiz.de/10003901587
In this paper, we analyzed key aspects of the changing economic relationship between the European Union (EU) and Asia … estimated the potential negative effects of Asian/Asia-Pacific regional accords on the EU, and likewise found small effects …. Nevertheless, using a highly-disaggregated (partial-equilibrium) approach, we argued that high-quality FTAs in Asia could be quite …
Persistent link: https://www.econbiz.de/10008907310
rebalancing has special significance for Asia. While India, like other Asian economies, suffered only an indirect impact from the …
Persistent link: https://www.econbiz.de/10008907776