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The recession in the United States in the wake of the global financial crisis has had a pronounced negative impact on developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic of China (PRC) as a new source of demand and...
Persistent link: https://www.econbiz.de/10003899253
Developing Asia has traditionally relied on exports to the United States (US) and other industrialized countries for demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global financial and economic crisis has sharply curtailed gross...
Persistent link: https://www.econbiz.de/10003899275
This paper examines the impact of intra-Asia exchange rate volatility on intra-Asia trade in primary goods, intermediate goods, equipment goods, and consumption goods from 1980 to 2009. For Asia, the evidence shows that as intraregional exchange rate volatility increases, intraregional exports...
Persistent link: https://www.econbiz.de/10011283426
This question is examined via a standard import specification augmented with differential and time-varying impacts of each component of aggregate demand: consumption, investment, government spending, and exports. Several important variables in explaining import demand such as credit conditions...
Persistent link: https://www.econbiz.de/10009697254
After the large exchange rate depreciations following the 1997 East Asian crisis, export volumes from East Asian countries responded with a notable lag. Two main explanations for this lag have been proposed: that the policy of high interest rates limited access to domestic credit and hence...
Persistent link: https://www.econbiz.de/10013212030
In previous work (Berkowitz, Moenius and Pistor 2006), we have shown that countries with high quality legal institutions specialize in exporting complex products whose characteristics are difficult to fully specify in contracts. The miracle growth in the Asian Nine (China, Hong Kong, Indonesia,...
Persistent link: https://www.econbiz.de/10014218092
Developing Asia has traditionally relied on exports to the United States (US) and other industrialized countries for demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global financial and economic crisis has sharply curtailed gross...
Persistent link: https://www.econbiz.de/10013142887
The purpose of this paper is to inform the contemporary policy debate on promoting trade among developing countries (South–South trade) by analyzing trade patterns of developing Asian economies from a comparative global perspective. The paper begins with a stage-setting historical overview of...
Persistent link: https://www.econbiz.de/10010507317
In Asien entsteht eine neue Freihandelszone, und auch Lateinamerika plant den Abschluss eines Handelsabkommens. Führt der Aufstieg der neuen Wachstumsmärkte zu einem neuen Kräfteverhältnis auf dem Weltmarkt und einer Verschiebung des Schwerpunkts des Welthandels? Für Barbara Dluhosch,...
Persistent link: https://www.econbiz.de/10011693460
The purpose of this paper is to inform the contemporary policy debate on promoting trade among developing countries (South-South trade) by analyzing trade patterns of developing Asian economies from a comparative global perspective. The paper begins with a stage-setting historical overview of...
Persistent link: https://www.econbiz.de/10009301856