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the degree of risk-sharing in East Asia has improved along with the observed rise in integration in the region. Higher … how virulent these risks can be when roused from dormancy. Given the inevitability of integration, the challenge is how to … maximize its benefits while minimizing its costs. One benefit of greater integration, particularly financial integration, is …
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In addition to being one of the most isolated countries in the world, North Korea has been the target of sanctions and trade restrictions in recent years. This paper examines the trade patterns of North Korea with its 19 major trading partners over the period 1989-2016. Moreover, the paper...
Persistent link: https://www.econbiz.de/10012816148
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Why is Asia lagging behind other regions in creating regional judicial institutions? What lessons from the operation of … such institutions elsewhere could be valuable to Asian regional economic integration? I show that Asian states are not … judicial institutions elsewhere have also rarely been used to resolve inter-state disputes. The most valuable lesson for Asia …
Persistent link: https://www.econbiz.de/10011281468
Regional economic integration is back in vogue following the "stumble" in the Doha Round in July 2008. Preferential … trade agreements (PTAs) are driving this trend in Asia and the Pacific as well as in Central and South America, and the … under negotiation or in force. In this regard, Asia and the Pacific has developed a rapidly evolving regional economic …
Persistent link: https://www.econbiz.de/10010506399
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Trade policy in Asia has switched from non-discriminatory unilateral liberalisation, reinforced by GATT/ WTO … will not drive regional economic integration or further integration with the global economy. Rather it could be a force of …
Persistent link: https://www.econbiz.de/10011619066
When debating the pros and cons of economic regionalism, haven't we focused enough on trade in goods at the expense of services? This article argues that regionalism is certainly a building block, not a stumbling block to a multilateral trading system, using the services liberalization scheme of...
Persistent link: https://www.econbiz.de/10011281475