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We develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In our exploration, we take a different and more nuanced approach than the previous indexes developed by Aizenman, Chinn, and Ito...
Persistent link: https://www.econbiz.de/10010397206
those in Asia's emerging economies. Major topics discussed include the debate about the definition of financial stability …
Persistent link: https://www.econbiz.de/10010397221
Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the … challenges faced by the Asian "noodle bowl" - overlapping, multiple trade rules, regulations, and standards in Asia - in the … among Asian economies that have formed Asian supply chains, called Factory Asia. It then considers ways and means of …
Persistent link: https://www.econbiz.de/10010397245
Persistent link: https://www.econbiz.de/10003871129
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
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
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
Persistent link: https://www.econbiz.de/10003936379
Persistent link: https://www.econbiz.de/10008702689
financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world …
Persistent link: https://www.econbiz.de/10008732262