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The East Asian region is a major global economic player, given its economic size and potential. As such, Regional Economic Integration in East Asia could be considered as an important building bloc toward integration of the Asia-Pacific region. East Asia has made significant progress in creating...
Persistent link: https://www.econbiz.de/10011421225
Unterschiedliche Startbedingungen und Entscheidungsmechanismen regionaler Integration in Europa und Ostasien werden … und mit der Gefahr einer Überexpansion. Ostasien besitzt noch liquidere Mechanismen. Damit konnte es sein ökonomisches … Ebene reagiert Ostasien auf verschiedene Weise, erhöht aber die Intransparenz. Beide Regionen haben bisher ihre potenziellen …
Persistent link: https://www.econbiz.de/10010296981
With globalization and advances in information and communication technology (ICT) leading to growing international production sharing, amidst the increasing trend in preferential trading arrangements (PTAs), rules of origin (ROO) has been beset with difficult recurring issues. First and foremost...
Persistent link: https://www.econbiz.de/10011421109
In moving toward the East Asian vision of a community, a rational, enabling regime of rules of origin (ROOs) that would encourage deeper economic integration and shared prosperity should be established. This means a set of ROOs that is trade facilitating even as it attempts to prevent trade...
Persistent link: https://www.econbiz.de/10011421112
Against the background of the rapid inter- and intraregional integration of East Asia, we examine the extent and nature of synchronisation of business cycles in the region. We estimate various specifications of a dynamic common factor model for output growth of ten East Asian countries. A...
Persistent link: https://www.econbiz.de/10011604717
As cross-border movements of goods, capital, and labor are intensifying, it is likely that goods markets in East Asia will become increasingly integrated. This study investigates the current state of goods market integration in East Asia by measuring the extent of cross-border price...
Persistent link: https://www.econbiz.de/10010397294
This paper distills some policy lessons from the financial services integration program in the European Union for East Asia. Focusing on the improved cross-border facilitation of financial flows rather than on general macroeconomic factors related to optimal currency area formation, the paper...
Persistent link: https://www.econbiz.de/10011421122
Regional economic integration in East Asia has gained momentum in the aftermath of the 1997 financial crisis and the escalation of international terrorism. In the first essay, the integration process in Europe and East Asia is compared briefly. This is followed by a discussion on the expansion...
Persistent link: https://www.econbiz.de/10011429738
East Asia has been caught with regionalism in recent years. There has been a proliferation of bilateral and regional trading arrangement initiatives across the region. Long known for their support to the multilateral framework under the WTO, the leading economies in the region (Japan, South...
Persistent link: https://www.econbiz.de/10011429704
The paper discusses the ASEAN + 3 integration in the context of the literature on hub-and-spoke regionalism. It argues that, provided proper rules of origin are incorporated, the different bilateral arrangements between ASEAN countries and each of the three East Asian economies are building...
Persistent link: https://www.econbiz.de/10011429763