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Governance and economic integration : stakes for Asia
Owen, Robert F. - 2013
This paper assesses the nexus between changes in governance structures - at national and cooperative international … highlights the importance of improved governance as an essential condition for effectively attaining an "Asian Economic Community …
Persistent link: https://www.econbiz.de/10009746583
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Different models for regional integration : lessons from total factor productivity in Europe
Lee, Jeong-yeon; Kim, Doyeon - 2013
As the countries of Europe have successfully managed to move the region's integration forward step by step, the European experience offers three possible models for regional integration with different depths: a free trade arrangement, a single market, and a common currency area. In this paper,...
Persistent link: https://www.econbiz.de/10010213131
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Has financial liberalization improved economic efficiency in the Republic of Korea? : evidence from firm-level and industry-level data
Park, Jungsoo; Pak, Yŏng-chŏl - 2014
This study analyzes the effects of financial liberalization on the lending behavior of banks and non-bank financial institutions (NBFIs) before and after the 1997 Asian financial crisis, using panel regressions on Republic of Korea firm-level and industry-level data of the period 1991 - 2007. It...
Persistent link: https://www.econbiz.de/10010351514
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Strategy, independence, and governance of state-owned enterprises in Asia
Schneider, Henrique - 2019
New public management emphasizes the organizational and behavioral aspects of state-owned enterprises (SOEs). The main assumption is that, if governments constitute SOEs as "market" enterprises and allow their management to follow the logic of the "market," SOEs will become productive,...
Persistent link: https://www.econbiz.de/10012041754
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Governing the Sustainable Development Goals in the COVID-19 era: bringing back hierarchic styles of governance?
Høiberg Olsen, Simon; Zusman, Eric; Hengesbaugh, Matthew; … - 2021
opportunity to improve the governance of, and accelerate progress in, the SDGs. This paper builds upon well-established work on … meta-governance to determine what changes in governance could be needed for such an outcome to materialize. More … specifically, the paper employs a text analysis of keywords related to hierarchic, market, and network governance styles in high …
Persistent link: https://www.econbiz.de/10012490572
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ASEAN economic integration through trade and foreign direct investment : long-term challenges
Kawai, Masahiro; Naknoi, Kanda - 2015
This paper explores the long-term challenges for trade and foreign direct investment (FDI) of the Association of Southeast Asian Nations (ASEAN). The region has emerged as an important production base for multinational corporations by joining East Asia's supply chains. While proceeding to...
Persistent link: https://www.econbiz.de/10011374645
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Hard pegs versus intermediate currency arrangements in the Pacific
Helble, Matthias; Prasetyo, Ahmad; Yoshino, Naoyuki - 2015
The 14 Pacific developing member countries (DMCs) of the Asian Development Bank (ADB) have opted for very different exchange rate regimes with varying degrees of flexibility. Whereas several microstates have adopted an external currency as their legal tender, others have decided to use a basket...
Persistent link: https://www.econbiz.de/10010509433
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Exchange rates, international trade, and growth : re-evaluation of undervaluation
Sokolova, Maria V. - 2017 - This version: November 2016
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
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Reflections on fiscal coordination and integration in Europe
Cheng, Gong; Korhonen, Kari - 2020
This paper provides an overview of the key steps that were made in the European Union toward enhancing fiscal policy coordination and integration prior to the Covid-19 crisis. It especially highlights the key challenges and strategies that should be considered when thinking of further fiscal...
Persistent link: https://www.econbiz.de/10012262584
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Time to look east : lessons from revisiting Asian economic integration
Korwatanasakul, Upalat - 2020
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