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We propose and test empirically a theory describing the endogenous formation and persistence of mega-states, using China as an example. We suggest that the relative timing of the emergence of agricultural societies, and their distance from each other, set off a race between their autochthonous...
Persistent link: https://www.econbiz.de/10013208390
We propose and test empirically a theory describing the endogenous formation and persistence of mega-states, using China as an example. We suggest that the relative timing of the emergence of agricultural societies, and their distance from each other, set off a race between their autochthonous...
Persistent link: https://www.econbiz.de/10013351887
We propose and test empirically a theory describing the endogenous formation and persistence of mega-states, using China as an example. We suggest that the relative timing of the emergence of agricultural societies, and their distance from each other, set off a race between their autochthonous...
Persistent link: https://www.econbiz.de/10013256909
We propose and test empirically a theory describing the endogenous formation and persistence of mega-states, using China as an example. We suggest that the relative timing of the emergence of agricultural societies, and their distance from each other, set off a race between their autochthonous...
Persistent link: https://www.econbiz.de/10013262216
This study explores the main causes that have led Japan to conclude an FTA with ASEAN. This paper appraises Japan‐ASEAN … relations and shows that closer relations between Japan and ASEAN have provided momentum for the launch of Japan's FTAs with … ASEAN. Consequently, this paper explores the origins and progress of Japan‐ASEAN FTA, as well as the strategies and …
Persistent link: https://www.econbiz.de/10011568351
In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However, the region's economic architecture exhibits certain idiosyncrasies such as an eclectic institutional structure and a limited level of...
Persistent link: https://www.econbiz.de/10003927373
This paper analyzes the factors that have contributed to development of the Chiang Mai Initiative, which is one of the prominent examples of recent East Asian financial cooperation, by comparing it with the failed 1997 proposal for an Asian Monetary Fund
Persistent link: https://www.econbiz.de/10014208078
In recent years, dynamic debate has arisen as to the desirability and feasibility of creating a monetary union in East Asia. While the debate has relied heavily on the theory of optimum currency areas, this theory has weaknesses in explaining the actual formation of monetary unions. At this...
Persistent link: https://www.econbiz.de/10013070891
Increasing trade interdependence among East-Asian countries suggests the urge to design some monetary arrangement to stabilize the macroeconomic framework of an extremely heterogeneously growing area. The paper reviews the literature and analyses several directions of East-Asian integration...
Persistent link: https://www.econbiz.de/10013157422
Fast and shared growth in East Asia was ascribed to strong states and their peculiar institutional arrangements, free-market policies, and Asian values, respectively. This paper provides a critical overview of these rival accounts explaining the miracle and on post-crisis retrenchement. As...
Persistent link: https://www.econbiz.de/10010965596