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In this paper, we examine the proposition that Canada’s economic relationship with Asia has languished, or at least has not lived up to its potential. To do so, we draw on the conventional gravity model of international trade and investment and take advantage of the similarity between Canada...
Persistent link: https://www.econbiz.de/10014199083
Analysis of the financial crisis in East Asia has focussed on the most-affected East Asian economies, namely: Thailand, South Korea, Indonesia, Malaysia, and to a lesser extent the Philippines. However, these economies account for less than 15 percent of the GDP of East Asia. Japan, which...
Persistent link: https://www.econbiz.de/10013133941
The Asian Crisis of 1997-1998 represented the biggest shock to the global economy of the post-WWII period up to that point. Paradoxically, the crisis economies happened to be the Asian members of the group of so-called "emerging markets" – the best and the brightest of the industrializing...
Persistent link: https://www.econbiz.de/10014184007
The Asian Crisis was a bout of intense turbulence that swept East Asian emerging markets, starting in mid-1997 and running through most of 1998. During this episode, a group of previously rapidly industrializing economies that had compiled an impressive record of sustained growth, been lauded...
Persistent link: https://www.econbiz.de/10013127702
This chapter begins with an overview of the impact of the COVID-19 pandemic on economies of Asia generally, before turning to its impact on supply chains specifically, using the medical equipment sector as a case study to illustrate the practical complexities. It then considers the pandemic’s...
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