Showing 1 - 10 of 471
This paper reviews trends in East Asian regionalism in the areas of trade and investment, money and finance, and infrastructure. It presents various measures of trade and financial integration. An important finding of the paper is that increasing trade and financial integration in the region is...
Persistent link: https://www.econbiz.de/10011281500
Except perhaps for the lead countries of global finance that may maintain a useful degree of monetary independence from each other, joining a regional monetary union boosts financial development. It enhances liquidity and depth of financial markets through the provision of sound money used over...
Persistent link: https://www.econbiz.de/10014064709
ASEAN has been deepening intra-regional integration at the same time that it has been forming various cooperative arrangements with its partners, and its Member Countries have been pursuing individual trade accords. Which would be the optimal configuration for ASEAN? In this paper, we evaluate...
Persistent link: https://www.econbiz.de/10014217034
Lack of A Legal Framework:Now that we have the technology and trade agreements to facilitate border-free trades, why not using them. So far, the only major obstacle to the advent of smart contracts is a lack of a legal framework. It is no surprise that the legal structures to regulate the manner...
Persistent link: https://www.econbiz.de/10013235759
This paper investigates how exchange rates affect the utilization of a free trade agreement (FTA) scheme in trading. Changes in exchange rates affect FTA utilization by two ways. The first way is by changing the excess profits gained by utilizing the FTA scheme, and the second way is by...
Persistent link: https://www.econbiz.de/10011184291
This paper examines the impact of the Southern African Development Community free trade agreement on the stock returns on South Africa Stock returns. The free trade area was officially implemented on August 18th 2008. The available literature shows that free trade areas create positive returns...
Persistent link: https://www.econbiz.de/10013062998
This chapter suggests a rationale for a simple, scalable, and fast computational approach through the ‘Data With Direction Specification’ (DWDS) to supplement the implementation of the African Continental Free Trade Area (AfCFTA). The specification provides a way for digitally executable...
Persistent link: https://www.econbiz.de/10014240841
Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years.These accords span the real and financial sectors; rather than following the more typical pattern of "trade first,money later", recent policy initiatives involve the simultaneous...
Persistent link: https://www.econbiz.de/10011281489
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern African Development Community (SADC), a regional integration agreement (RIA) organization, the central objective of whose formation was the need to accelerate, foster, and...
Persistent link: https://www.econbiz.de/10012286173
This report looks at the prospects for economic integration between Ukraine and the European Union. It starts from presentation of the background of the EU-Ukraine relations and then carries a detailed assessment of implementation of selected economic articles of the EU-Ukraine Action Plan that...
Persistent link: https://www.econbiz.de/10012732499