A regional monetary arrangement is actually not something new to the East Asian economies. History of monetary co-operation in the region can be traced back to the establishment of an ASEAN Swap Arrangement among ASEAN member countries in 1977. With the recent outbreak of the Asian financial crisis and the introduction of the euro in Europe, renewed attention has been given to potential monetar...

Due to timely process of WTO negotiations, unwillingness of advanced industrial countries to give concessions to developing economies regarding tariff and non-tariff barriers on agricultural commodity imports, the ongoing initiatives in Northern hemisphere to establish new and wider free trading areas which will divert trade out of the market from Asian countries, and ineffectiveness of deepeni...

We define as South Asian countries those countries that start with Iran and end with Bangladesh in Asia. Wethen use export statistics in terms of revealed comparative advantage (RCA) for 14 industrial sectors tomeasure distances of export capabilities for these countries in relation to the “Western” developed and EastAsian countries. Statistical methods such as multidimensional scaling and ...

â â â  â â â â  abstract â  as the chances of a successful conclusion to the doha round of trade liberalization under the wto become increasingly problematic, so the pace of negotiating local free trade agreements (ftas) is increasing. according to the wto report, countries in the asia-pacific region are “consolidating their drive towards regionalism at an accelerated pace”. after the trade...

P UBLICATION of the East Asian Miracle (EAM, World Bank, 1993) appears, to borrow a phrase, to have generated more heat than light. The EAM analysed reasons for the economic success of the eight high performing Asian economies (HPAEs) — Hong Kong, Indonesia, Japan, Malaysia, Republic of Korea, Singapore, Taiwan and Thailand. The hope, at least of ‘neutral’ observers, was that we would be able t...

This paper examines the composition of trade between the United States and eight Asian Pacific economies from 1962 to 1992. Analysis of the time series pattern of individual commodities at the SITC four-digit level reveals economically significant changes in the pattern of trade, reflecting changing comparative advantage based on changing factor proportions, technology transfer and product cycl...

This study evaluates a model of the relationship between HR strategy and organizational performance in locally owned Taiwanese companies and in Taiwanese-owned firms operating in China. The pressure many East Asian economies feel as a consequence of globalization and the fallout from the 1997 Asian financial crisis means that flexible and adaptive employment systems are potentially useful in ai...

2 Abstract A sustained recovery of the Japanese economy is generally considered vital for the sustained recovery of East Asian newly industrialising economies (NIEs). The underlying assumption is that Japan is a significant engine of growth in East Asia. The primary objective of our study is to use cointegration analysis of real GDP time series to examine growth linkages between the Japanese ec...