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integration and openness. The main policy findings are that Asia's future standing in an increasingly multi-centered world economy …
Persistent link: https://www.econbiz.de/10010397271
This paper discusses mechanisms to prevent and resolve foreign exchange crises in East Asia. Policies and mechanisms at the country level as well as regional and global levels are discussed. Policies at the level of a particular country to prevent foreign exchange crises include the management...
Persistent link: https://www.econbiz.de/10010397260
This paper discusses the Chiang Mai Initiative Multilateralization (CMIM); its origin, development and future outlook. It puts forward a number of proposals to make the liquidity support role of the CMIM more effective. It is further argued that the CMIM can bring about major changes to the...
Persistent link: https://www.econbiz.de/10010286119
This paper discusses mechanisms to prevent and resolve foreign exchange crises in East Asia. Policies and mechanisms at the country level as well as regional and global levels are discussed. Policies at the level of a particular country to prevent foreign exchange crises include the management...
Persistent link: https://www.econbiz.de/10013104515
This paper discusses the Chiang Mai Initiative Multilateralization (CMIM); its origin, development and future outlook. It puts forward a number of proposals to make the liquidity support role of the CMIM more effective. It is further argued that the CMIM can bring about major changes to the...
Persistent link: https://www.econbiz.de/10014192742
The formation of regional production networks in East Asia has occurred mainly through market forces, without much help from regional institutions in promoting the creation of a single Asian market. While this approach has served the region well in the past, the drastic changes experienced since...
Persistent link: https://www.econbiz.de/10010397249
The paper argues that United States (US) participation in the East Asia Summit (EAS) - regional integration … of China (PRC) as the leading regional growth engine and an active player in regional integration arrangements; (iii) the … addressing political and security issues. Currently, two architectures for regional economic integration are contesting. The …
Persistent link: https://www.econbiz.de/10010397318
This paper argues that the collective action in Asia by its regional organizations has historically suffered from a "capability-legitimacy gap": a disjuncture between the capability (in terms of material resources) of major Asian powers to lead regional cooperation on the one hand and their...
Persistent link: https://www.econbiz.de/10010397337
region. These deficiencies, however, contrast in two important fields of regional integration. In finance, the clearly … the process of integration, or to the countries that have a long distance to catch up within a relatively well …
Persistent link: https://www.econbiz.de/10010279776
The formation of regional production networks in East Asia has occurred mainly through market forces, without much help from regional institutions in promoting the creation of a single Asian market. While this approach has served the region well in the past, the drastic changes experienced since...
Persistent link: https://www.econbiz.de/10014166465