Southeast Asia is becoming more multipolar, with countries reevaluating their alliances and embracing non-alignment. Europe, however, risks being sidelined due to fragmented engagement and an erratic regional presence. Europe's influence is undermined by a lack of strategic cohesion and...

Southeast Asia is becoming more multipolar, with countries reevaluating their alliances and embracing non-alignment. Europe, however, risks being sidelined due to fragmented engagement and an erratic regional presence. Europe's influence is undermined by a lack of strategic cohesion and...

In the context of an ever-evolving global economy, ASEAN companies face dynamic systemic risk that reshapes their financial interrelationships. This study examines the transmission of these risks using advanced graph theory techniques, particularly the measurement of eigenvector centrality based...

Amid the evolving U.S.-China tariff realignment and the broader restructuring of global value chains, this paper evaluates the vulnerability and strategic positioning of the Philippines alongside four other ASEAN economies-Indonesia, Malaysia, Thailand, and Vietnam. For the ASEAN-5, the key...

This report investigates the fragmentation of foreign direct investment (FDI) in India and ASEAN in the context of evolving geopolitical dynamics and global economic shifts. By delineating four distinct phases of globalization, the analysis reveals how systemic shocks and geopolitical tensions...

This paper draws a concise overview of the economic relationship between the European Union (EU) and selected Asian regions in the context of the twin transition - green and digital. A series of significant initiatives adopted in recent years to consolidate the cooperation with these regions are...

Southeast Asia has long been a foreign policy priority for Japan, but Tokyo has intensified its engagement - both with the ASEAN Commu­nity as a whole and with individual member states - since 2012. Japan views China’s growing influence in Southeast Asia as a major foreign policy challenge...

Driven by both political camps in Seoul, relations between South Korea and the North Atlantic Treaty Organization (NATO) have deepened significantly since their initiation in 2005. While this intensified relationship was shaped to a large extent by geopolitical developments and increasing...

This paper empirically studies how foreign direct investment affects economic growth and how this effect depends on institutional quality. Using threshold regression analysis on panel data for nine ASEAN countries from 2002 to 2020, the estimated results indicate a nonlinear impact of foreign...

Financial technology (FinTech) rapidly transforms financial landscapes across ASEAN-4 countries by enhancing financial inclusion and digital service accessibility. However, the key factors driving FinTech development in these economies remain ambiguous. While existing studies highlight the...

In this study, we present a comprehensive analysis to examine the resilience of tourism in Vietnam since the Doi Moi period. Using an augmented Solow framework, data from 1986 to 2020, and the ARDL approach, we estimate the long-run and short-run effects, whilst accounting for model-specific...

This Perspective argues that the ASEAN-led RCEP agreement and the ASEAN Outlook on the Indo-Pacific have created significant momentum for ASEAN to further reinforce its central role in advancing Asia-Pacific economic integration.

The trade strategy of the European Union has experienced substantial transformations in the initial two decades of the millennium, focusing on Asia, the strategy emphasises competitive bilateralism, shared values, and alignment with European trade standards. The EU's trade strategy has been...

This study examines the influence of economic growth, energy consumption, a shadow economy, and foreign direct investment (FDI) on the ecological footprint in ASEAN countries. The analysis covers a panel of nine member states-Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, the Philippines,...

Prior economic research emphasized land, labor and physical capital as the primary drivers of growth, but contemporary work highlights the pivotal role of human capital. Investments in education, health and governance are now regarded as central to sustainable development; yet important...

Numerous recent empirical studies underscore the adverse impacts of an aging population on economic growth. This could stem from reduced labor force participation and productivity among older workers, or the potential for aging to result in an imbalance between savings and desired investment,...

The COVID-19 epidemic has highlighted the vulnerability of international trade, forcing an increase in domestic supply reserves in Indonesia and other ASEAN countries. This transition underlines the need of sustainable practices in addressing the changing expectations of organizations and...

Achieving net zero carbon emissions necessitates a systemic reorganization of global value chains, particularly in the ASEAN region, due to its growing role as a manufacturing hub. This study explores the interaction between global value chains (GVCs), globalization and sustainable development...

Many prior studies on the government-growth nexus have focused on Keynesian (Keynes, 1936) or neoclassical (Lucas, 1990) traditions, while a recent research strand has paid widespread attention to Barro (1990)'s non-linear perspective. Although modern complexity sciences suggest an overall...

Previous research on the globalization-welfare state nexus has typically been conducted within a linear monotonic framework, focusing on two primary hypotheses. The efficiency hypothesis predicts that globalization shrinks the welfare state's size. In contrast, the compensation hypothesis argues...

Geoeconomic fragmentation is on the rise amidst heightened geopolitical tensions and a surge in inward-looking policies to strengthen economic and national security. Focusing on trade and capital flows, this paper takes a closer look at the implications of geoeconomic fragmentation for the...

Aim: The study examined the behavior of exchange rate in ASEAN countries. This was highly necessitated in order to account for the structural break in the data set occasioned by global financial crisis. Research method: The quantile regression sensitivity analysis was performed on daily series...