In this paper, we examine the evolution of intra-East Asian financial integration from 2001 to 2013. Most existing studies on this topic look primarily at asset holdings; we examine liability holdings as well. Using the International Monetary Fund's Coordinated Portfolio Investment Survey data...

The Association of Southeast Asian Nations (ASEAN) and the People's Republic of China are economic partners as well as economic competitors. The ASEAN– People's Republic of China Free Trade Area (ACFTA), which is set to come into effect around 2010, is designed to boost trade between the two...

The Paris Agreement signals increased climate awareness and potential changes in the business environment as an economy decarbonizes. Ratification of the Paris Agreement could heighten climate-related transition risks, especially for companies in high-emitting industries. This research analyzes...

In the postwar era, economic interaction and integration among Western European countries has grown rapidly. We examine whether those close and growing linkages have led to inter-country income convergence in Western Europe during 1960-2000. We find clear empirical evidence of convergence. This...

The Association of Southeast Asian Nations ( ASEAN), which celebrated its 30th anniversary in 1997, has enjoyed remarkable success as a forum for polit - ical cooperation among the states of Southeast Asia. The challenge for ASEAN now is to replicate its political success in the sphere of...

Theories of regional integration typically analyze the regional integration process from the perspective of a single discipline, usually economics. However, such one-dimensional analytical frameworks cannot fully capture the richness and complexity of the inherently multi-dimensional regional...

The 1997/98 Asian currency crisis has led a once high-flying East Asia to realize its vulnerability to external shocks. This realization has given strong impetus to greater economic integration among East Asian economies, with the ASEAN-Korea Free Trade Area (AKFTA) a case in point. This paper...