The concept of globalization refers to the growing interdependence of countries, resulting from the increasing … process are the international trade and the cross-border investment flows. Economic globalization has increased the … specialization of workers, while the companies compete in global markets. Even globalization has recently become a common topic in …

A common view holds that the trend toward Asian financial regionalism is a relatively new phenomenon that became … projects. The analysis of Asian financial regionalism from the standpoint of the membership sheds new light on studies of … regionalism. Among the important theoretical implications of this empirical study is that by exercising "blocking power" over a …