PSN: East/South Asia & South Pacific (Topic)最新文献

Inward FDI in East Asian & Pacific Developing Countries Due to WTO Led Liberalisation WTO开放对东亚和太平洋发展中国家FDI的影响

PSN: East/South Asia & South Pacific (Topic) Pub Date : 2017-06-29 DOI: 10.22547/BER/9.2.1

M. Shah

{"title":"Inward FDI in East Asian & Pacific Developing Countries Due to WTO Led Liberalisation","authors":"M. Shah","doi":"10.22547/BER/9.2.1","DOIUrl":"https://doi.org/10.22547/BER/9.2.1","url":null,"abstract":"This research paper evaluates the relative significance of World Trade Organisation (WTO) accession in general and that of WTO led liberalisation in particular in increasing an East Asian and Pacific (EAP) developing country’s desirability for foreign direct investors. Other FDI influencing factors such as economic development, macroeconomic stability, trade agreements, host market size, financial development and existence of intellectual property rights standards are also taken into consideration. Through the utilisation of annual aggregate observations for twenty eight years i-e 1988-2015, for a panel of eleven EAP developing countries, it was established that trade and investment liberalization, as well as size of local market, its extent of development, low inflation, steady depreciation of host currency and stringent IPR makes these developing nation states from East Asia and Pacific region more attractive for multinational investment. In contrast, trade agreements and financial development, though very important conventional FDI location pull factors, were insignificant in all the regression models. Moreover, it was established through the fixed and random effect panel estimation techniques that these findings are robust to the use of different empirical panel valuation methods.","PeriodicalId":268527,"journal":{"name":"PSN: East/South Asia & South Pacific (Topic)","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131742726","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 11

(De)Stabilizing Exchange Rate Strategies in East Asian Monetary and Economic Integration (二)东亚货币与经济一体化中的稳定汇率战略

PSN: East/South Asia & South Pacific (Topic) Pub Date : 2014-05-14 DOI: 10.2139/ssrn.2436820

G. Schnabl, Kristina Spantig

{"title":"(De)Stabilizing Exchange Rate Strategies in East Asian Monetary and Economic Integration","authors":"G. Schnabl, Kristina Spantig","doi":"10.2139/ssrn.2436820","DOIUrl":"https://doi.org/10.2139/ssrn.2436820","url":null,"abstract":"The East Asian monetary integration process is at the crossroads. Given very benign liquidity conditions in the US, the prevailing common US dollar peg has contributed to growing macroeconomic and financial instability in the region. This has sparked demands to embark on an independent monetary integration process in East Asia. The paper shows that, however, neither the Japanese yen nor the Chinese yuan can challenge the US dollar as anchor currency in the region. Large fluctuations of the Japanese yen against the US dollar have undermined the potential of the Japanese yen to become a regional anchor currency. Exchange rate stability of the Chinese yuan against the US dollar has enhanced intra-regional exchange rate stability and growth, stressing the potential of the Chinese yuan to emerge as a regional anchor currency. Yet, it is shown that underdeveloped Chinese capital markets and financial repression originating in US low interest rate policies constitute an insurmountable impediment for the Chinese yuan to gain anchor currency status in East Asia. Empirical estimations provide evidence in favor of positive growth effects of the exchange rate stability against the US dollar in East Asia.","PeriodicalId":268527,"journal":{"name":"PSN: East/South Asia & South Pacific (Topic)","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125107344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

China-Taiwan ECFA Investment Agreement and Its Implications for the Korea-China FTA Negotiations 中国-台湾ECFA投资协定及其对韩中自由贸易协定谈判的影响

PSN: East/South Asia & South Pacific (Topic) Pub Date : 2012-12-31 DOI: 10.2139/SSRN.2320883

J. Yeo

引用次数: 0

Is Growth in Asia and the Pacific Inclusive? 亚太地区的增长具有包容性吗?

PSN: East/South Asia & South Pacific (Topic) Pub Date : 2012-12-01 DOI: 10.2139/SSRN.2221744

C. Sugden

引用次数: 7

Transactions: A New Look at Service Sector Foreign Direct Investment in Asia 交易:亚洲服务业外商直接投资的新视角

PSN: East/South Asia & South Pacific (Topic) Pub Date : 2012-11-01 DOI: 10.2139/ssrn.2198183

J. Kirkegaard

{"title":"Transactions: A New Look at Service Sector Foreign Direct Investment in Asia","authors":"J. Kirkegaard","doi":"10.2139/ssrn.2198183","DOIUrl":"https://doi.org/10.2139/ssrn.2198183","url":null,"abstract":"This paper presents new micro-level data consisting of individual greenfield investment projects and mergers and acquisitions as a source for detailed analysis of service sector cross-border investment flows among the Asian Development Bank (ADB) regional members. The new transactional foreign direct investment (FDI) data are methodologically distinct from traditional BPM5-compliant FDI data but found to yield generally comparable aggregates, when compared with the latest available International Monetary Fund (IMF) data from the Comprehensive Direct Investment Survey for the ADB regional members. The service sectors are found to receive considerably larger amounts of foreign investment, when compared with the Asian region’s manufacturing and raw materials sectors. Organization for Economic Co-operation and Development (OECD) countries account for roughly three-quarters of total recorded inward service sector FDI of about $2 trillion, relatively evenly split between the United States, the EU-27, and regional OECD-level-income countries. The presence of sizable regional 'upward flowing' service sector investments into OECD-level income economies is verified. Preliminary policy conclusions are drawn based on the new transactional FDI data results concerning prospects for regional service sector liberalization, threshold income levels for inward service sector FDI, upward-flowing regional services FDI, and preferred modes of service sector investments.","PeriodicalId":268527,"journal":{"name":"PSN: East/South Asia & South Pacific (Topic)","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125114354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Global Economic Governance Reform and the Role of Asia: Opportunities Offered by the G20 全球经济治理改革与亚洲的作用:二十国集团提供的机遇

PSN: East/South Asia & South Pacific (Topic) Pub Date : 2012-03-19 DOI: 10.11644/KIEP.JEAI.2012.16.1.241

Yoonje Cho

{"title":"Global Economic Governance Reform and the Role of Asia: Opportunities Offered by the G20","authors":"Yoonje Cho","doi":"10.11644/KIEP.JEAI.2012.16.1.241","DOIUrl":"https://doi.org/10.11644/KIEP.JEAI.2012.16.1.241","url":null,"abstract":"The recent global financial crisis has highlighted the importance of international monetary and financial system reform. The current system is deemed to be no longer adequate to meet the needs of a complex, integrated world economy. With regards to the reform of the international monetary system, there have been various proposals both in demand and supply sides. These include proposals to build a stronger global financial safety net, to diversify the supply of international reserve currency and so on. These proposals face trade-offs between desirability and political feasibility. Given this situation, a practical transition would be to strengthen policy coordination among the major economies and to reform the International Monetary Fund. The success on both fronts depends heavily on global economic governance reform and the role of the G20. Increased status and representation of Asian countries in the G20 give both privileges and responsibilities to Asians. To meet these responsibilities, Asians should put forth greater efforts to develop their intellectual leadership in global economic issues through creating new forum and institutions.","PeriodicalId":268527,"journal":{"name":"PSN: East/South Asia & South Pacific (Topic)","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129826709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

ASEAN-India Free Trade Agreement in Goods: An Assessment 东盟-印度货物自由贸易协定:评估

PSN: East/South Asia & South Pacific (Topic) Pub Date : 2012-01-01 DOI: 10.2139/ssrn.2798026

R. Ohlan

{"title":"ASEAN-India Free Trade Agreement in Goods: An Assessment","authors":"R. Ohlan","doi":"10.2139/ssrn.2798026","DOIUrl":"https://doi.org/10.2139/ssrn.2798026","url":null,"abstract":"The study investigates India’s trade prospect with ASEAN countries by analyzing the pattern and trends in India’s bilateral merchandise trade with ASEAN countries and their revealed comparative advantage in different products. The results show that during last three decades India’s share in ASEAN countries’ merchandise trade has increased, but it has been less than that of Japan and China. This shift has been more marked in the case of imports. India runs a large and worsening trade deficit vis-a-vis ASEAN countries. India’s ratio of trade deficit to total foreign trade has had been worst in case of its trade with ASEAN countries. India’s trade intensity in ASEAN countries has deteriorated sharply. ASEAN economies are more open in caparison of Indian economy. Lafay’s index results suggest that India’s comparative advantage is rather poor than ASEAN countries. In addition, in India many specialization improvements occur in those items for which the world demand expands at a faster pace, hinting to the possibility of an increase in India’s share in the world trade in the years to come. In order to enlarge international trade benefits, India should pay attention to pave the way for concluding the multilateral trade liberalization under WTO’s Doha round trade negotiations.","PeriodicalId":268527,"journal":{"name":"PSN: East/South Asia & South Pacific (Topic)","volume":"89 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124323398","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 14