Along with financing hard infrastructure projects, Beijing also promotes soft power projects in the form of peopleto-people initiatives. However, such projects are low priority within the Belt and Road Initiative (BRI) in Central Asia. The Confucius Institutes, which appear to be an important...

China and its Central Asian counterparts pursue finance and IT projects for both commercial and strategic reasons. As this data article shows, transparency is limited and exact information on the size of their investments is only partly available. In the financial sector, China cooperates most...

China's investment in the industrial sectors of Kyrgyzstan and Tajikistan has been on the rise since the 1990s. However, this data article shows the recent expansion of Chinese investment also in Kazakhstan and Uzbekistan. Thus, China has expanded its engagement in the development of local...

In this research project, we attempt to examine the behavior of business cycles in Asia in order to deepen our understanding of and expand research on this topic. Given the importance of the People’s Republic of China, Japan, and the United States in the region economy, we use these three...

Advancements in information and communications technologies (ICTs) have expanded the possibilities for trade in modern services and many Asian emerging and developed economies are increasingly participating in these new trade activities. This study examines the export performances of emerging...

Free trade agreements (FTAs) have been proliferating in Asia for more than a decade. International fragmentation of production and the resultant cross-border production networks have been growing for a much longer period. Although FTAs are not necessary for the formation of production networks,...

More than half of the World Trade Organization (WTO)-notified services trade agreements (STAs) in effect since 2008 have involved at least one (South or Southeast) Asian trading partner. Drawing on Baier and Bergstrand’s (2004) determinants of preferential trade agreements and using the World...

This question is examined via a standard import specification augmented with differential and time-varying impacts of each component of aggregate demand: consumption, investment, government spending, and exports. Several important variables in explaining import demand such as credit conditions...

The determinants of a business friendly environment that underpin rapid and sustained economic growth include the macroeconomic and financial market environments, infrastructure, labor market skills and efficiency, and governance and institutions. Obtaining licenses and credit to start a...

This paper provides practical techniques to policymakers for evaluating the potential economic effects of a Free Trade Agreement (FTA). To this end, the paper discusses how to apply three methods: (i) trade indicators, (ii) SMART (Software for Market Analysis and Restrictions on Trade) in WITS...