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Asia faces very large infrastructure funding demands, estimated at around US$750 billion per year for energy, transport …, telecommunications, water, and sanitation during 2010-2020 (ADB/ADBI 2009). Asia has large savings, significant international reserves … topics: First, what are the lessons for Asia from the European Union's experience of developing and integrating financial …
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This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955-2007. We find that the symmetry of supply shocks has declined after the...
Persistent link: https://www.econbiz.de/10009736755
production networks. In the 1970-80ś, South Asia stagnated due to its inward-oriented growth strategy and lack of infrastructure … connectivity-resulting in low trade integration and regional connectivity within the region and with Southeast and East Asia …. However, since 1991, South Asia, particularly India has adopted a "Look East" policy and opened its market raising huge …
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Until the 13th century, the ancient Silk Route of Asia was the world's most important cross-border artery, at a time … when Asia was a major trade and economic center of the world. The "Silk Road" refers to an extensive pan-Asia … interconnected network of trade routes across the Asian continent connecting Eastern, Southern, Central, and Western Asia with the …
Persistent link: https://www.econbiz.de/10003855524
Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The CEPA will eliminate tariff on goods that account for 94% of their two way trade over ten years and will boost bilateral trade and investment. Indian exports which were subject...
Persistent link: https://www.econbiz.de/10010227205
Southeast Asia. In view of slowdown in growth and even recession in advanced economies as a result of the adverse impact of the … toward rising middle class of Asia. To successfully implement the new initiative of "Make in India", India needs to be …
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