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 unusually averse to refer inter-state disputes over...

This paper addresses two central questions for Asia and the world: (1) What is the purpose of Asian regional policy coordination going forward? (2) Will Asian regional policy coordination substitute or complement global policy coordination? The paper examines the potential coverage and content...

In a model of repeated games, we determine the conditions under which cooperation is an equilibrium outcome among the G-20 countries. We consider first, that members are uncertain about the lifespan of the G-20. Second, the nature of member countries and their interrelations can change because...

The Economic and Military bilateral relation between Pakistan-China bilateral relations have been given more importance since president Musharraf assumed powers in 1999 and its going smooth also in Zardari's regime. The Chinese government always responded positively by show their state to do...

This paper reviews the progress in trade-related areas of ASEAN Economic Community to be established by 2015. It provides empirical evidence and qualitative analysis on how the process of trade integration worked and what could have been done for it to have worked better. Where appropriate it...

We use Taiwanese trade data from 2009 to 2012 to examine the impacts of the Asia-Pacific Economic Cooperation Mutual Recognition Arrangement for Conformity Assessment of Telecommunications Equipment on trade. The results show that Asia-Pacific Economic Cooperation Mutual Recognition Arrangement...

The paper examines ASEAN's political and security challenges and prospects in the coming two decades. The challenges facing ASEAN could be classified into six broad categories: (1) the shifting balance of power in the Asia Pacific; (2) the persistence of intra-ASEAN territorial conflicts; (3) the...

We study the role of bilateral political relations in explaining variations in the equity portfolio allocation of foreign institutional investors. Using a large micro sample at the fund-firm-year level, we find that when the relations between two countries become more distant, institutional...

This paper examines new trends in regional integration of developing countries. They are a transition from the policy of old regionalism to the policy of new regionalism with the predominance of the model of "industrial regionalism"; preferential notification within the WTO in accordance with...

In 2022, the process of gradual destruction of multilateralization gave way to an acute crisis. Multiple challenges, including a continued spread of new strains of coronavirus, disruptions in supply chains, appreciation of prices for food and energy, rising inflation, slowdown of economic growth...