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Digital trade facilitation refers to the application of modern information and communication technologies (ICTs) to simplify and automate international trade procedures. It is rapidly becoming essential to maintaining trade competitiveness and enabling effective participation in cross-border...
Persistent link: https://www.econbiz.de/10011658327
Free trade agreements (FTAs) have become a prominent feature of the multilateral trading system and an important instrument of trade policy for members of the World Trade Organization (WTO). The proliferation of FTAs is the result of a number of factors, from the economic to the political. East...
Persistent link: https://www.econbiz.de/10009130489
This paper shows that regional trade integration shifts the burden of the exchange rate adjustment towards the less integrated trading partners. Thus, they bear the cost of trade balance expansion, while competitive exchange rate moves vis-a-vis RTA trading partners result in no expansion or...
Persistent link: https://www.econbiz.de/10011615589
Agricultural trade is vitally important for achieving the goal of ending hunger by 2030 enshrined in the second Sustainable Development Goal (SDG). While trade is frequently seen as posing threats to this vitally important goal, it can in fact play a major role in achieving it. Trade helps in a...
Persistent link: https://www.econbiz.de/10012700557
The Internet greatly increases firms' potential to produce new goods and service for new markets. The Internet is also having a dramatic impact on services, especially in the retail, trade and finance sectors, by enabling firms to digitize their products and deliver them over long distances....
Persistent link: https://www.econbiz.de/10011667011
In various Asian countries, international trade has raised productivity, lowered markups through import competition (while increasing them through cheaper inputs that can be imported), raised wages, expanded employment, and, above all, reduced poverty. This is in sharp contrast to the impact of...
Persistent link: https://www.econbiz.de/10011959797
This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development: every one point improvement in governance results...
Persistent link: https://www.econbiz.de/10003928035
Covering major Asian economic blocs and dialogues, this study comprehensively reviews the true progress of "Asian" economic integration in comparison with the European Union (EU) and examines the factors contributing to the integration. The results show that comprehensive continent-wide economic...
Persistent link: https://www.econbiz.de/10012205606
This paper reviews the creation and evolution of the European Economic Monetary Union (EEMU) and discusses the insights and perspectives of the key lessons for Asian economic integration utilizing an extensive review of the literature method. In order to implement a common monetary and economic...
Persistent link: https://www.econbiz.de/10012212663
This paper presents and reviews the role of the digital economy in the deeper Association of Southeast Asian Nations (ASEAN) economic integration, utilizing the literature review method extensively. The digital economy performs an essential role in deepening the ASEAN regional integration....
Persistent link: https://www.econbiz.de/10012175451