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The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs Hong Kong, Korea, Singapore and Taiwan achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered by...
Persistent link: https://www.econbiz.de/10011409015
In this paper, we will examine the level of services trade integration in Asia in comparison with Europe and North … America. The main empirical findings of this paper are that (i) the regional bias of services trade in Asia is as high or … higher than in Europe and North America; (ii) in Asia, the regional bias of services trade is higher than that of goods trade …
Persistent link: https://www.econbiz.de/10009734297
In understanding the proliferation of free trade agreements (FTAs) in Asia since 2000, it is important to distinguish … total of 34 Enabling Clause-based FTAs in effect around the globe, more than half of them are located in Asia. Moreover, the … way the Enabling Clause is used by developing countries in Asia is very different from other regions. Outside of Asia, the …
Persistent link: https://www.econbiz.de/10009697228
Asia. It finds broad geographical coverage of RTAs in the Americas, and evidence that these agreements have broadened and … looking to ensure well-functioning RTAs. It suggests that RTAs can encourage broader liberalization in Asia, but some sectors …
Persistent link: https://www.econbiz.de/10008936384
Over the past four decades the High Performing Asian Economies (HPAE) have followed a development strategy based on the exposure of their local markets to the presence of foreign competition and on an outward oriented production. In contrast, Latin American Economies (LATAM) began taking steps...
Persistent link: https://www.econbiz.de/10003746271
Regional economic integration through logistics, information network and connectivity improvement can increase the 'virtual size' of an economy as trade with neighboring countries increases. This leads to substantial benefits from scale, network, coordination and agglomeration economies. As is...
Persistent link: https://www.econbiz.de/10009734294
This paper identifies historic patterns in the dialectic between nationalism and development across various East, South, and Southeast Asian nations. Nationalism as the rationale for development is used by regimes to achieve high levels of growth, but also generates exclusivism and hostilities,...
Persistent link: https://www.econbiz.de/10011895540