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This study attempts to investigate the evolution of dynamic linkages and volatility spillover between the five … policies. The VAR model Granger causality test observed no volatility spillover from Chinese economic activities to the ASEAN-5 … stock markets, except for Malaysia and the Philippines. However, the ASEAN-5 stock markets' volatility exerts a significant …
Persistent link: https://www.econbiz.de/10011515815
Galvanized by the devastation of the Second World War, European countries achieved a historically unprecedented and unparalleled level of regional economic integration in the postwar period. Intensive cooperation between the two biggest powers of continental Western Europe, France, and Germany,...
Persistent link: https://www.econbiz.de/10012289781
The paper covers the issues of dialogue and cooperation between ASEM countries in the conditions of growing mutual international interdependencies and changing conditions of cooperation at the global level. It presents the ASEM countries which are taking steps aimed at deepening mutual...
Persistent link: https://www.econbiz.de/10012020303
Policymakers increasingly view China’s rapidly growing wealth as a threat. China currently ranks second, or perhaps even first, in the world in gross domestic product (although 78th in per capita GDP), and the fear is that China will acquire military prowess commensurate with its wealth and...
Persistent link: https://www.econbiz.de/10013226955
We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the EU. Using administrative data on the universe of...
Persistent link: https://www.econbiz.de/10015048791
We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the EU. Using administrative data on the universe of...
Persistent link: https://www.econbiz.de/10015048212
World trade growth was rapid in the two decades prior to the global financial crisis but has halved subsequently. There are both structural and cyclical reasons for the slowdown. A deceleration in the rate of trade liberalisation post 2000 was initially obscured by the ongoing expansion of...
Persistent link: https://www.econbiz.de/10011578401
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
This book chapter offers a comprehensive review of the free trade agreement between China and ASEAN ("ACFTA"), focusing on the rules concerning tariff reduction (including the Early Harvest Programme), trade in services, dispute resolution, as well as the progress on the negotiations on...
Persistent link: https://www.econbiz.de/10012976802
Asia's economic significance has risen substantially over the past several decades. Further economic development in ASEAN, with its massive population, requires very efficient utilization of resources and cross-border cooperation. While ASEAN has much to gain from economic cooperation and...
Persistent link: https://www.econbiz.de/10012545928