Financial Deregulation and Integration in East Asia PDF Download

Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386953
Category : Business & Economics
Languages : en
Pages : 416

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Book Description
The increased mobility and volume of international capital flows is a striking trend in international finance. While countries worldwide have engaged in financial deregulation, nowhere is this pattern more pronounced than in East Asia, where it has affected in unanticipated ways the behavior of exchange rates, interest rates, and capital flows. In these thirteen essays, American and Asian scholars analyze the effects of financial deregulation and integration on East Asian markets. Topics covered include the roles of the United States and Japan in trading with Asian countries, macroeconomic policy implications of export-led growth in Korea and Taiwan, the effects of foreign direct investment in China, and the impact of financial liberalization in Japan, Korea, and Singapore. Demonstrating the complexity of financial deregulation and the challenges it poses for policy makers, this volume provides an excellent picture of the overall status of East Asian financial markets for scholars in international finance and Asian economic development.

Author: Toshihiko Kawagoe
Publisher: Institute of Southeast Asian Studies
ISBN: 9813016973
Category : Political Science
Languages : en
Pages : 435

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Book Description
East Asia is regarded as growth center in the world today, even as political tension in that region remains high. Economic growth has spilled over from Japan to the Asian newly industrialized economies, as well as to the middle-income countries of the Association of Southeast Asian Nation (ASEAN) through foreign trade and investment. Despite economic growth, an East Asian multilateral security scheme was never created. Will this situation change in the new international environment? With these trends in mind, the collection of articles in this volume sheds light on economic and political issues of natural in East Asia. The articles discuss a comprehensive range of topics:Macroeconomic performance,foreign direct investment, trade policies, financial markets, security arrangements, surveys of recent developments in South Korea, People's Republic of China, and Taiwan.Integration within ASEAN focusing on AFTA and sub-regional co-operation. Integration of Indochinese economies in to greater Southeast Asian markets.

Author: Yŏng-chʻŏl Pak
Publisher: Oxford University Press, USA
ISBN: 0199276773
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
In this book Park argues for the continuing validity of an 'East Asian' model of economic development that differs distinctly from the Washington Consensus. He argues that, while this model was undermined to some extent by the 1997-98 financial crisis, it remains robust and important in explaining economic events in East Asia.

Author: Mustapha Rouis
Publisher: World Bank Publications
ISBN: 082139729X
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.

Author: Naoko Munakata
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
East Asian economic integration is on the rise. In the past decade, all of the region's powers have begun negotiating free trade agreements with their neighbors. They are also exploring broader regional options, such as the creation of an East Asian summit or free trade area. These developments have not always been welcomed by observers in other parts of the world. Some fear that they mark a turn away from integration into the global economy and herald the emergence of a closed, inward-looking bloc. In this timely and important book, Naoko Munakata offers an alternative perspective, based on her experience as an economic official and trade negotiator over the past 20 years. East Asian integration, she argues, is not driven by defensiveness or anti-Western sentiment. Instead, it reflects pragmatic calculations of economic interest, as well as a desire for mutual trust and a sense of community. Munakata makes her case by analyzing developments in the region since the mid-1980s, highlighting such important factors as the evolution of Asia-Pacific Economic Cooperation (APEC), the impact of the 1997-98 Asian financial crisis, and the rise of China. She also outlines possible future scenarios for the region and offers policy prescriptions for building on regionalism's achievements to date. Over the coming decades, the rise of China, its relationship with Japan, and the institutional arrangements that bind those countries to the United States and the countries of East and Southeast Asia will become critical factors in the global balance of power. Transforming East Asia is essential reading for anyone seeking to understand the roots of this transformation.

Author: Peter Drysdale
Publisher: ANU E Press
ISBN: 1922144576
Category : Political Science
Languages : en
Pages : 312

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Book Description
"This book assembles papers that were produced under a three year collaborative research program on 'China and APEC' undertaken by the AustraliaJapan Research Centre, in the Asia Pacific School of Economics and Management at The Australian National University and the APEC Policy Research Center, in the Chinese Academy of Social Sciences. ... The work on this project and the papers in the volume provide a base for developing ideas that could be helpful to the policy agenda for APEC 2001."--Preface.

Author: Michael G. Plummer
Publisher: World Scientific Publishing Company
ISBN:
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
Given the rapid emergence of regional economic arrangements in Asia, especially in Southeast Asia, it is useful to understand clearly what regionalism implies for the region, as well as to take stock as to the far-reaching and complicated effects of formal economic cooperation and integration. This book allows the reader to better understand the relevant international policies of the Southeast Asian economies, and to appreciate the potential lessons for other developing regions. It also focuses on the regionalism trend with an explicit application to ASEAN, as well as the implications of regionalism in the developed countries.The goal of this book is to survey the economics and political economy of regionalism in the ASEAN context from a variety of perspectives and using various techniques, from standard economic analysis of preferential trading arrangements to the political economy analysis of institutions. Its approach is comprehensive in that it includes ASEAN economic integration in the areas of trade, foreign direct investment, and finance. Presentation of the material is designed to be accessible to non-technical audiences without sacrificing the rigor expected by economists and other experts.

Author: H. Yoshimatsu
Publisher: Springer
ISBN: 0230584195
Category : Business & Economics
Languages : en
Pages : 226

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Book Description
An exploration of the evolution of regionalism and regional economic relations in East Asia since the late 1990s. The book analyzes moves towards free trade agreements, cooperation in information technology, energy and environment, and agriculture, by highlighting preferences and actions of governmental and business actors.

Author: International Development Research Centre (Canada)
Publisher: IDRC
ISBN: 9780889368064
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
Multinationals and East Asian Integration

Author: Ingyu Oh
Publisher: Cambridge Scholars Publishing
ISBN: 1527575926
Category : History
Languages : en
Pages : 185

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Book Description
Both the Cold War view and the so-called “clashes of civilization” view within the post-Cold War perspective of international relations fail to explain why the entirety of East Asia is experiencing a worsening of intranational and international confrontations in the 21st century, despite the high level of standards of living and the expanding freedom and democracy in the region. Hong Kong and Taiwan refuse to reunite with China despite their cultural and ethnic similarities, while South Korea and Japan are at loggerheads despite their long-term friendship and strategic alliance with the US. While Taiwan and Hong Kong are trying to maintain a distance from China, South Korea wants to become closer to China and North Korea than ever before. All these puzzles are explained by this book, using the fresh concept of “culture wars” that has been developed by minority scholars of international relations. Culture wars denote conflicts between peoples, nations, and states based purely on cultural differences, despite similar levels of economic and civilizational progress. What looms large in the East Asian culture war in the 21st century is the new conflict between Westernized cultural values and local cultures.