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Asia is a region whose financial integration has not kept pace with real integration. Asias relative financial … from exerting severe contractionary impact). Does this mean that Asia should continue to limit its financial integration … and also help limit financial dependence on the center countries of North America and Europe. In the process, Asia will …
Persistent link: https://www.econbiz.de/10009363708
Economic integration should not be an end in itself, but the outcome of domestic reforms that increase the general contestability of markets. The paper finds that for India, comprehensive domestic regulatory reform dominates as an integration strategy, while an ASEAN+6 PTA would fail to deliver...
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Capitalizing on recent estimates of infrastructure financing requirements in Asia, this paper frames a scenario for … quantitatively the economy-wide welfare effects of developing regional infrastructure in Asia, using a global computable general … energy infrastructure during 20102020, developing Asia is likely to reap welfare gains of US$1,616.3 billion (in 2008 prices …
Persistent link: https://www.econbiz.de/10009363766
that the most important financial reforms in Asia will need to take place at the national level. …
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financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world …
Persistent link: https://www.econbiz.de/10009363824
cooperation in Asia. It is important to keep in mind that economic regionalism is multidimensional nature. The focus of this paper … is on policy initiatives underway in Asia to enhance monetary and financial regionalism and the analytical bases for …
Persistent link: https://www.econbiz.de/10009363825
durable Bretton Woods II arrangement, Asia then went on to slowly raise flexibility and reduce the role for the US Dollar … paper proposes a new measure of dollar pegging, the "Bretton Woods II score". We find that by this measure Asia has been …
Persistent link: https://www.econbiz.de/10009363857