International Financial Issues in the Pacific Rim

International Financial Issues in the Pacific Rim PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226387089
Category : Business & Economics
Languages : en
Pages : 441

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Book Description
The imbalanced, yet mutually beneficial, trading relationship between the United States and Asia has long been one of international finance’s most perplexing mysteries. Although the United States continues to post a substantial trade deficit—and China reaps the benefits of a surplus—the dollar has yet to sink in the face of ever-increasing account disparities. International Financial Issues in the Pacific Rim explains why the United States enjoys a seemingly symbiotic relationship with its trading partners despite stark inequities in the trade balance, especially with Asia. This timely and well-informed study also debunks the assumed link between economic openness and low inflation in the region, identifies the serious gap between academic and private-sector researchers’ understanding of exchange rate volatility, and analyzes the liberalization of Asian capital accounts. International Financial Issues in the Pacific Rim will have broad implications for global trade and economic policy issues in Asia and beyond.

International Financial Issues in the Pacific Rim

International Financial Issues in the Pacific Rim PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226387089
Category : Business & Economics
Languages : en
Pages : 441

Get Book Here

Book Description
The imbalanced, yet mutually beneficial, trading relationship between the United States and Asia has long been one of international finance’s most perplexing mysteries. Although the United States continues to post a substantial trade deficit—and China reaps the benefits of a surplus—the dollar has yet to sink in the face of ever-increasing account disparities. International Financial Issues in the Pacific Rim explains why the United States enjoys a seemingly symbiotic relationship with its trading partners despite stark inequities in the trade balance, especially with Asia. This timely and well-informed study also debunks the assumed link between economic openness and low inflation in the region, identifies the serious gap between academic and private-sector researchers’ understanding of exchange rate volatility, and analyzes the liberalization of Asian capital accounts. International Financial Issues in the Pacific Rim will have broad implications for global trade and economic policy issues in Asia and beyond.

The Oxford Handbook of the Economics of the Pacific Rim

The Oxford Handbook of the Economics of the Pacific Rim PDF Author: Inderjit Kaur
Publisher: Oxford University Press
ISBN: 0199751994
Category : Business & Economics
Languages : en
Pages : 753

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Book Description
"A survey of the economy of the Pacific Rim region"--

Competitive Regionalism

Competitive Regionalism PDF Author: M. Solís
Publisher: Springer
ISBN: 0230234232
Category : Political Science
Languages : en
Pages : 302

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Book Description
Despite abundant scepticism about their economic benefits, Free Trade Agreements (FTAs) have proliferated at a rapid pace. Policy diffusion models explain how different sets of preferential trade agreements are interconnected and establish under what conditions FTAs can work for or against the emergence of coherent regional blocs.

International Trade Policy and the Pacific Rim

International Trade Policy and the Pacific Rim PDF Author: Alan Woolan d
Publisher: Springer
ISBN: 1349145432
Category : Business & Economics
Languages : en
Pages : 442

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Book Description
International trade and investment have flourished globally but nowhere so spectacularly as in the Asia-Pacific region. This volume brings together some of the most eminent economists in the field to analyse this vital region from both theoretical and empirical perspectives. The volume focuses especially on trade policy and welfare, game theory analysis of trade policy and the linkages between trade policy and endogenous growth.

Dilemmas of a Trading Nation

Dilemmas of a Trading Nation PDF Author: Mireya Solis
Publisher: Brookings Institution Press
ISBN: 0815729200
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
The balancing of competing interests and goals will have momentous consequences for Japan—and the United States—in their quest for economic growth, social harmony, and international clout. Japan and the United States face difficult choices in charting their paths ahead as trading nations. Tokyo has long aimed for greater decisiveness, which would allow it to move away from a fragmented policymaking system favoring the status quo in order to enable meaningful internal reforms and acquire a larger voice in trade negotiations. And Washington confronts an uphill battle in rebuilding a fraying domestic consensus in favor of internationalism essential to sustain its leadership role as a champion of free trade. In Dilemmas of a Trading Nation, Mireya Solís describes how accomplishing these tasks will require the skillful navigation of vexing tradeoffs that emerge from pursuing desirable, but to some extent contradictory goals: economic competitiveness, social legitimacy, and political viability. Trade policy has catapulted front and center to the national conversations taking place in each country about their desired future direction—economic renewal, a relaunched social compact, and projected international influence. Dilemmas of a Trading Nation underscores the global consequences of these defining trade dilemmas for Japan and the United States: decisiveness, reform, internationalism. At stake is the ability of these leading economies to upgrade international economic rules and create incentives for emerging economies to converge toward these higher standards. At play is the reaffirmation of a rules-based international order that has been a source of postwar stability, the deepening of a bilateral alliance at the core of America's diplomacy in Asia, and the ability to reassure friends and rivals of the staying power of the United States. In the execution of trade policy today, we are witnessing an international leadership test dominated by domestic governance dilemmas.

The Political Economy of New Regionalisms in the Pacific Rim

The Political Economy of New Regionalisms in the Pacific Rim PDF Author: José Briceño-Ruiz
Publisher: Routledge
ISBN: 0429954654
Category : Political Science
Languages : en
Pages : 285

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Book Description
Combining an analysis of regionalism from a systemic view with a domestic political-economy analysis, this book sheds light on the new dynamics and emerging configurations of regionalisms and interregionalisms in the post-Trans-Pacific Partnership (TPP). Donald Trump’s presidency has transformed trans-Pacific economic and political relations, contrasting sharply with President Obama’s ‘pivot to Asia’ strategy. Unilateralism and bilateralism have returned to the center stage, at the cost of regionalism, interregionalism, and multilateralism. Understanding these new dynamics requires closer examination of the underlying domestic political economies. Examining ten country case studies of multi-actor agency at the national level, expert contributors argue that trans-Pacific relations should not only be explained in terms of the behavior of the major powers, but that medium powers, and even small countries, can exert influence and occupy strategic nodes and contribute to shaping a new international relations network. Their findings will be of interest to scholars of international relations, international political economy, regionalism, and international economics.

Trade Policy in the Asia-Pacific

Trade Policy in the Asia-Pacific PDF Author: Vinod K. Aggarwal
Publisher: Springer Science & Business Media
ISBN: 1441968334
Category : Political Science
Languages : en
Pages : 167

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Book Description
East Asian countries are now pursuing greater formal economic institutionalization, weaving a web of bilateral and minilateral preferential trade agreements. Scholarly analysis of “formal” East Asian regionalism focuses on international political and economic factors such as the end of the Cold War, the Asian financial crisis, or the rising Sino-Japanese rivalry. Yet this work pays inadequate attention to the strategies of individual government agencies, business groups, labor unions, and NGOs across the region. Moreover, most studies also fail to adequately characterize different types of trade arrangements, often lumping together bilateral accords with minilateral ones, and transregional agreements with those within the region. To fully understand this cross-national variance, this book argues that researchers must give greater attention to the domestic politics within East Asian countries and the U.S., involving the interplay of these subnational players. With contributions from leading country and regional trade specialists, this book examines East Asian and American trade strategies through the lens of a domestic bargaining game approach with a focus on the interplay of interests, ideas, and domestic institutions within the context of broader international shifts. With respect to domestic politics, the chapters show how subnational actors engage in lobbying, both of their own governments and through their links to others in the region. They also trace the evolution of interests and ideas over time, helping us to generate a better understanding of historical trends in the region. In addition to scholars of East Asian and comparative regionalism, this book will be of interest to policy-makers concerned with international trade and U.S.-Asia relations, and those interested in understanding the rich trade institutional landscape that we see emerging in the Asia-Pacific.

Trade in Services in the Asia-Pacific Region

Trade in Services in the Asia-Pacific Region PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386783
Category : Business & Economics
Languages : en
Pages : 510

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Book Description
In recent years the tremendous growth of the service sector—including international trade in services—has outstripped that of manufacturing in many industrialized nations. As the importance of services has grown, economists have begun to focus on policy issues raised by them and have tried to understand what, if any, differences there are between production and delivery of goods and services. This volume is the first book-length attempt to analyze trade in services in the Asia-Pacific region. Contributors provide overviews of basic issues involved in studying the service sector; investigate the impact of increasing trade in services on the economies of Taiwan, Korea, and Hong Kong; present detailed analyses of specific service sectors (telecommunications, financial services, international tourism, and accounting); and extend our understanding of trade in services beyond the usual concept (measured in balance of payment statistics) to include indirect services and services undertaken abroad by subsidiaries and affiliates.

Studies in the Economic History of the Pacific Rim

Studies in the Economic History of the Pacific Rim PDF Author: Dennis O. Flynn
Publisher: Routledge
ISBN: 1134753446
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Trade across the Pacific will be one of the dominant forces in the economy of the next century. This collection reflects the birth of Pacific Rim history, until recently largely neglected. It addresses the development of the Pacific Rim over four centuries, combining broad historical syntheses with a range of essays on specific topics, from trade with Hong Kong to British overseas banking. It will form a major contribution to this rapidly expanding new field.

Global Production

Global Production PDF Author: Edna Bonacich
Publisher: Temple University Press
ISBN: 9781439901106
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
Pacific Rim scholars look at globalization's impact on international economics.