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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
To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional connectivity. The effectiveness of connectivity depends on the quality of hard and soft...
Persistent link: https://www.econbiz.de/10003983432
Since the financial crises of 1997, East Asia has made modest but nonetheless significant steps towards greater regional integration and cooperation in the areas of finance and trade, accompanied by progress on institution-building at the regional level. Monetary cooperation, however, has not...
Persistent link: https://www.econbiz.de/10009383054
This study is the first attempt to investigate the patterns of imports and exports between the Russian Federation and East Asian economies, namely, the People's Republic of China; Hong Kong, China; Macau, China; Japan; the Republic of Korea; and Mongolia. To this end, a panel-gravity trade model with...
Persistent link: https://www.econbiz.de/10012131989
In the run-up to the 2008 global financial crisis, there was frequent discussion of Asia having decoupled from economic shock transmission originating in Europe or North America. Much of the basis for these arguments was related to the rapid expansion of intraregional trade in Asia. This paper...
Persistent link: https://www.econbiz.de/10003855394
Despite the rapid development of economic interaction between the People’s Republic of China (PRC) and Latin American and Caribbean (LAC) countries, their trade and investment ties are still in their very early stages, and the complementarity of factor endowments dominates their bilateral...
Persistent link: https://www.econbiz.de/10003855508
their small size and remoteness from major world markets. In this paper we study the importance of transport connectivity … for Pacific economies when participating in the world economy. The paper first describes the evolution of trade flows of … datasets. One contains all shipping connections within the Pacific and with the rest of the world; the second all flight …
Persistent link: https://www.econbiz.de/10010402678
Infrastructural development is crucial for regional trade integration. This study investigates the extent of regional trade interdependence of the Association of Southeast Asian Nations (ASEAN) and its nexus with infrastructure. We selected 13 countries-ASEAN and three other countries (India,...
Persistent link: https://www.econbiz.de/10012289895
Transportation corridors and reduced trade costs are essential to develop Central Asia Regional Economic Cooperation (CAREC) countries' foreign trade. However, to intensify intra-CAREC trade as well as the region's global exports, the product portfolio of CAREC countries' industry and...
Persistent link: https://www.econbiz.de/10012584791
This paper examines the evolving dynamics between economic globalization and Asian regional interdependence, and asks … freefall at the world level, there emerged a second order response at the level of regional institutional building … integration and openness. The main policy findings are that Asia's future standing in an increasingly multi-centered world economy …
Persistent link: https://www.econbiz.de/10009487445