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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 … capital adequacy, asset quality, management, earnings, and liquidity (CAMEL), I find that banking systems in the region are … 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
macroeconomic management, development finance, trade, and financial stability. The authors argue that reforms currently being …
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
prevention, management and resolution. Facing the global financial crisis, the international community has responded by making … financial management is put into an externally driven crisis. International agreements should be reached on external (sovereign …
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