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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 now starting to lead to a synchronization of business cycles in a selected …
Persistent link: https://www.econbiz.de/10011281500
inter-regional trade, cross-border financial assets, correlation of stock returns, and interest rate differentials. In …
Persistent link: https://www.econbiz.de/10011282132
macroeconomic interdependence for emerging Asian economies through changing trade and financial linkages at both the regional and …, the reverse is also true. Output shocks from emerging Asia (and the People's Republic of China [PRC]) have a significant …
Persistent link: https://www.econbiz.de/10011283453
compare these with similar measures for other regions. Our indicators cover regional integration in trade, investment … trade agreements and official policy dialogues. We find that in various Asian groupings, and especially in a group of 16 … integrating Asian economies, interdependence in trade, direct investment, financial flows, and other forms of economic and social …
Persistent link: https://www.econbiz.de/10011283455
This study analyzes the consumption risk sharing in the Association of Southeast Asian Nations (ASEAN) from a comparative perspective. Estimation results show that unlike ASEAN+3 and East Asia, the degree of consumption risk sharing increases in ASEAN after 1999. The increase is due to the rise...
Persistent link: https://www.econbiz.de/10012840542
both intraregionally and interregionally. Second, with the People's Republic of China (PRC) playing a central role in the … regional production and trade network, its ongoing structural changes will likely influence Asia's economic integration both … within and beyond the region through evolving trade and investment links. Finally, the paper employs a vector autoregression …
Persistent link: https://www.econbiz.de/10011581854
measures, e.g. production, trade, investment and finance. It has also become increasingly integrated in various ways …. Integration at the micro-level has steadily progressed since the 1960s, as indicated by rising intraregional trade. Moreover, East … transnational business and other technical systems where production, trade, and investment have become a function of each other …
Persistent link: https://www.econbiz.de/10011610448
The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … candidates actual values are still far below expected ones in most cases. Consequently, we anticipate rising capital and trade …
Persistent link: https://www.econbiz.de/10011472489
if EU enlargement has had any diversion effects on trade between the EU and Russia at all, they have been minimal, while … robust growth in both the EU and Russia, as well as high oil and gas prices, has boosted trade. Likewise, FDI to and from …
Persistent link: https://www.econbiz.de/10011641271
While it is too early to confirm the depth and the sustainability of this new trend towards slower globalisation, it may be happening in more domains than we are fully aware of, at least for the near term given the renewed backdrop of the Russia-Ukraine war and the wider use of sanctions globally.
Persistent link: https://www.econbiz.de/10013475414