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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/10010507476
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
importance of a three-pronged integration strategy covering trade, money, and development policies, and of East Asia …-wide regional institutions which, incorporating both developed and developing Asian countries, help promote more free trade …
Persistent link: https://www.econbiz.de/10009758531
This paper develops a multilateral currency system where national currencies are used for trade settlement in East Asia …, comprising the Association of Southeast Asian Nations (ASEAN) member countries, the People's Republic of China, Japan, and the … spillovers from outside, and deepen trade and financial integration in the region. The patterns and structure of trade and …
Persistent link: https://www.econbiz.de/10010340271
that intra-East Asian financial asset holdings of four East Asian economies – Hong Kong, China; Japan; the Republic of … that this result is likely to be driven by intraregional trade linkages, and reflects those linkages. Therefore, the …
Persistent link: https://www.econbiz.de/10013122880
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
The paper reexamines the issue of decoupling. By focusing on the recent trends of international trade and financial … interdependence between emerging East Asia and G3 economies. A special focus is given to the People's Republic of China (PRC)'s role …
Persistent link: https://www.econbiz.de/10012954753