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Over the past four decades the High Performing Asian Economies (HPAE) have followed a development strategy based on the exposure of their local markets to the presence of foreign competition and on an outward oriented production. In contrast, Latin American Economies (LATAM) began taking steps...
Persistent link: https://www.econbiz.de/10010328502
of Asia and its relation to the global economy. Using the new dynamic global model, we present forecasts for Asian … from reaching its potential, and policies that facilitate integration and more efficient regional trade can accelerate … growth, especially for lower-income Asia. A deeper and more inclusive Asian free trade area can achieve for its members large …
Persistent link: https://www.econbiz.de/10010273490
levels - and evolutionary processes of economic integration in light of regional policy targets in Asia. The analysis …" while arguing that the experience of the European Union (EU) offers valuable insights regarding the process of integration. …
Persistent link: https://www.econbiz.de/10010397313
can, eventually, set the pace of integration for the rest of East Asia. Because of the region's so-called leadership …The paper discusses the ASEAN + 3 integration in the context of the literature on hub-and-spoke regionalism. It argues … vacuum, the paper also underscores the important role of ASEAN in bringing any discussion on East Asian integration on the …
Persistent link: https://www.econbiz.de/10011429763
Regional economic integration through logistics, information network and connectivity improvement can increase the … integration induces the necessary rebalancing needed for integration of the regional portions of Global Value Chains (GVCs) to the …
Persistent link: https://www.econbiz.de/10010507537
Against the background of the rapid integration of emerging Asia into the global economy, this paper investigates the … role of domestic and external factors in driving individual emerging economies in Asia. We estimate VAR models for ten … integration at the expense of bilateral economic ties. …
Persistent link: https://www.econbiz.de/10011604761
regional and the subregional level. Yet although economic integration has increased, regionalism in the sense of economic … need to convert some of the existing FTAs into a broader one that can serve as a hub for further integration. Given the …-nomic Partnership in East Asia (CEPEA) rather than the East Asia Free Trade Area (EAFTA). …
Persistent link: https://www.econbiz.de/10010285651
Persistent link: https://www.econbiz.de/10011430811
dependence of emerging Asia on external demand. This paper analyses, using an update of the Asian International Input-Output (AIO … linkages. According to the results, we do not find evidence of the decoupling of emerging Asia from the rest of the world. On … the contrary, we find evidence on increasing trade integration, both globally and regionally. Nonetheless, our analysis …
Persistent link: https://www.econbiz.de/10011605039
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 … process of regional and global trade integration. The paper first highlights the importance of trade and investment linkages …
Persistent link: https://www.econbiz.de/10010397245