Financial Deregulation and Integration in East Asia

Financial Deregulation and Integration in East Asia PDF 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.

Financial Deregulation and Integration in East Asia

Financial Deregulation and Integration in East Asia PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386953
Category : Business & Economics
Languages : en
Pages : 416

Get Book Here

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.

Regionalism in East Asia

Regionalism in East Asia PDF Author: Richard Pomfret
Publisher: World Scientific
ISBN: 9814304328
Category : Business & Economics
Languages : en
Pages : 203

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Book Description
The use of the wind as an energy source is increasing and growing worldwide. Wind energy is an important non-fossil option to supplement fossil (coal, natural gas and oil) and nuclear fuels for the generation of electricity. Many parts of the world, particularly the coastlines of Western Europe, North Africa, North and South America, India, Eastern Russia, China, the Philippines, Australia and New Zealand, experience a high annual incidence of wind energy. The United Kingdom of Great Britain and Northern Ireland, together with the Republic of Ireland form a particularly windy location, being favoured with strong westerly winds. The technology of the design and installation of wind turbines and wind farms are, in fact, well established. Operational practice, though, is still being developed as engineers learn by experience. This book is written for electrical engineers concerned with the use of wind power for generating electricity. It incorporates some meteorological features of international wind supply plus a survey of the past and present wind turbines with technical assessment of the choice of turbine sites. Detailed coverage is given to the different types of electrical generator machines used and the electronic control devices employed in modern turbine systems. Importantly, this book devotes full chapters to the integration of wind farms into established electrical grid supply systems, and the environmental and economic aspects of wind generation. Engineers will be drawn to the practical approach in this book, featuring worked numerical examples — complete with answers — at the end of some chapters.

Regional Economic Integration in the Middle East and North Africa

Regional Economic Integration in the Middle East and North Africa PDF 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.

Transforming East Asia

Transforming East Asia PDF 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.

Multinationals and East Asian Integration

Multinationals and East Asian Integration PDF 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

ASEAN Economic Integration

ASEAN Economic Integration PDF 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.

East Asia in Transition

East Asia in Transition PDF 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.

APEC and Liberalisation of the Chinese Economy

APEC and Liberalisation of the Chinese Economy PDF 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.

The Political Economy of Regionalism in East Asia

The Political Economy of Regionalism in East Asia PDF 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.

Economic Integration in South Asia

Economic Integration in South Asia PDF Author: Muinul Islam
Publisher: Pearson Education India
ISBN: 9788131729458
Category : South Asia
Languages : en
Pages : 348

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Book Description
Economic Integration in South Asia: Issues and Pathways is one of the volumes of the series titled, Imagine a New South Asia, presented by ActionAid International Asia. This volume envisions a new South Asia, free from human deprivation and poverty, where countries will become successful, proud and inclusive societies. This book demonstrates how South Asian countries can learn from the best practices in the region as well as from their failures, and also by trying to emulate the successful strategies of introducing egalitarian education and health systems of East Asia, China and Southeast Asian countries. Rich in analysis and research, this volume seeks an alternative people-centred perspective, and takes into account all those voices that have so long been unheard in policy-making processes through reviews of case studies. Not only will the findings of this volume be useful in conducting campaigns for appropriate policy and mindset changes, but these will also, eventually, make the emergence of a highly integrated South Asia truly possible.