scholarly journals Inter-Regional and Intra-Regional Trade in East Asia: Recent Developments and Aggregate Bilateral Trade Elasticities

2003 ◽  
Vol 18 (1) ◽  
pp. 105-125 ◽  
Author(s):  
Mamoru Nagano
Keyword(s):  
East Asia ◽  
Bilateral Trade ◽  
Regional Trade ◽  
Trade Elasticities ◽  
Recent Developments

scholarly journals MANAGING THE NOODLE BOWL: THE FRAGILITY OF EAST ASIAN REGIONALISM

2008 ◽  
Vol 53 (03) ◽  
pp. 449-478 ◽  
Author(s):  
RICHARD E. BALDWIN
Keyword(s):  
East Asia ◽  
Bilateral Trade ◽  
East Asian ◽  
Window Of Opportunity ◽  
Regional Trade ◽  
Industrial Competitiveness ◽  
Regional Management ◽  
Is Management ◽  
Asian Regionalism ◽  
Management Effort

The paper argues that East Asian regionalism is fragile, since (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" — in particular, on intra-regional trade; (ii) the unilateral tariff-cutting that created "Factory Asia" is not subject to WTO discipline (bindings); (iii) there is no "top-level management" to substitute for WTO discipline, i.e., to ensure that bilateral trade tensions — tensions that are inevitable in East Asia — do not spillover into region-wide problems due to lack of cooperation and communication. This paper argues that the window of opportunity for East Asian "vision" was missed; what East Asia needs now is "management", not vision. East Asia should launch a "New East Asian Regional Management Effort", with a reinforced ASEAN + 3 being the most likely candidate for the job. The first priority should be to bind the region's unilateral tariff cuts in the WTO.

New Regionalism in East Asia and its Relationship with the WTO and APEC

2002 ◽  
Vol 5 (2) ◽  
pp. 87-103 ◽  
Author(s):  
Hyun-Hoon Lee ◽  
Peter J. Lloyd ◽  
Chung-Mo Koo
Keyword(s):  
East Asia ◽  
Free Trade ◽  
Bilateral Trade ◽  
Free Trade Area ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
New Regionalism ◽  
Regional Trade ◽  
Future Evolution ◽  
Trade Area

Since the 1997–98 financial crisis, the countries of East Asia have been giving more attention to ways of expanding intra regional trade that include: the establishment of regional trade agreements (RTAs) such as ASEAN+3; plans to establish a free trade area involving the economies of ASEAN and China; as well as moves towards bilateral trade agreements. The trend towards this new regionalism, the reasons for it, its impact upon the region, its future evolution and prospects are of profound regional, and indeed global, significance This paper reviews the new regionalism in East Asia in recent years, and discusses how it relates with the WTO and APEC.

COMPREHENSIVE AND PROGRESSIVE AGREEMENT FOR TRANS – PACIFIC PARTNERSHIP (TPP – 11): PAST, PRESENT AND FUTURE?

2019 ◽  
pp. 5-18
Author(s):  
Vladimir Yu. Salamatov ◽  
Nataliia M. Galkina
Keyword(s):  
World Economy ◽  
Bilateral Trade ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Trade ◽  
Trade Relations ◽  
Global Trend ◽  
The World ◽  
The Common ◽  
Partnership Agreement

The article considers the global trend towards regional trade agreements (RTA). The authors note that in addition to the common bilateral RTAs, countries conclude multilateral regional trade agreements. In particular, the article examines changes in the world economy, which occur under the influence of the mega-regional trade agreements (MRTA) formation. An example of the MRTA is the Trans-Pacific Partnership Agreement (TPP) and its possible impact onRussiais discussed in the present article. The authors discuss the stages of TPP development, its goals, provisions, innovations and prospects. The article analyses an example of a country’s withdrawal from an agreement, its’ consequences and possible impact on the country itself and other signatory countries to the agreement. The article points out the differences between TPP and TPP-11. Inparticular, the article discusses the possible impact of the TPP-11 onRussia. Trade relations betweenRussiaand TPP-11 signatory countries are considered, and key markets among TPP-11 countries are identified. The article highlights the importance ofRussia's rapid response to the possible consequences of the TPP-11, including the possible conclusion of bilateral trade agreements between the EAEU, whereRussiais a member, and potential partners from TPP-11 countries.

Bilateral Trade and Intra-Regional Business Cycles: Is East Asia Feasible for a Currency Area?

2007 ◽  
Vol 7 (3) ◽  
pp. 1850113 ◽  
Author(s):  
Yu-Feng L. Lee
Keyword(s):  
Business Cycles ◽  
Bilateral Trade ◽  
East Asian ◽  
Currency Union ◽  
Optimum Currency Area ◽  
Regional Trade ◽  
Currency Area ◽  
Real Gdp ◽  
Optimum Currency ◽  
International Openness

This paper investigates the synchronization of the intra-East Asian business cycles based on regional bilateral trade statistics. By evaluating three macroeconomic fundamentals: real GDP, industrial production, and unemployment, it is found that tighter intra-East Asian trade may most likely lead to more idiosyncratic business cycles and hence lower correlations of economic activity. When using regional trade as an international openness criterion in the theory of Optimum Currency Area, the finding suggests that for the immediate future, the creation of an East Asian monetary/currency union may not be feasible.

scholarly journals The origins of pottery in East Asia: updated analysis (the 2015 state-of-the-art)

2015 ◽  
Vol 42 ◽  
Author(s):  
Yaroslav Kuzmin
Keyword(s):  
East Asia ◽  
South China ◽  
State Of The Art ◽  
Russian Far East ◽  
Critical Evaluation ◽  
Far East ◽  
Transbaikal Region ◽  
Recent Developments ◽  
Japanese Islands ◽  
The Russian Far East

Recent developments related to the emergence of pottery in East Asia and neighbouring regions are presented. According to a critical evaluation of the existing evidence, the oldest centres with pottery in East Asia are situated in South China (dated to c. 18 000 calBP), the Japanese Islands (c. 16 700 calBP), and the Russian Far East (c. 15 900 calBP). It is most likely that pottery-making appeared in these regions independently of each other. In Siberia, the earliest pottery now known isfrom the Transbaikal region (dated to c. 14 000 calBP). However, it did not influence the more westerly parts of Siberia in terms of the origin and spread of pottery-making.

Russia: facing west or east

2017 ◽  
Author(s):  
Jude Woodward
Keyword(s):  
Foreign Policy ◽  
East Asia ◽  
21St Century ◽  
Us Foreign Policy ◽  
The West ◽  
Uncertain Outcome ◽  
Policy Goals ◽  
The Us ◽  
Recent Developments ◽  
Post War

This chapter reviews US-China-Russia relations in the post-war period, and considers how recent developments affect prospects for the US ‘pivot’. It explains why those driving US foreign policy towards China see the confrontation with Russia in Ukraine as a dangerous and diversionary adventure, leading to Sino-Russian convergence, distracting US attention from East Asia and undermining confidence among the US’s Asian allies of its commitment to the region. It is argued that if the US is to maintain primacy in the 21st century, it must subordinate other foreign policy goals to the paramount objective of containing China’s rise. The US’s failure to do this, instead pitting itself against both Putin in the West and China in the East, means it has driven Russia and China together, quite possibly sacrificing its vital need to contain China for a lesser goal of uncertain outcome in Ukraine.

Recent developments on RTAs in North East Asia

2008 ◽  
Vol 6 (3-4) ◽  
pp. 455-466 ◽  
Author(s):  
Hae-du Hwang ◽  
Xiangshuo Yin
Keyword(s):  
East Asia ◽  
North East ◽  
Recent Developments

The Degree of Openness to Intra-Regional Trade - Towards Value-Added Based Openness Measures

2006 ◽  
Vol 226 (2) ◽  
Author(s):  
Ansgar Belke ◽  
Lars Wang
Keyword(s):  
Gross Domestic Product ◽  
Bilateral Trade ◽  
Trade Openness ◽  
Value Added ◽  
Domestic Product ◽  
Regional Trade ◽  
Traditional Concept ◽  
Export Ratio ◽  
Trade In Value Added ◽  
Integration Area

SummaryThis study develops innovative measures of openness towards bilateral trade. The most widely applied openness indices are not able to accurately calculate the degree of trade openness. For example, the intra-regional export ratio which relates the value of exports of an integration area to the gross domestic product, can exceed 100 percent because trade is stated in gross terms, while the gross domestic product is expressed in value-added terms. This implies a negative value of domestic non-tradeables. The actual openness concept corrects the traditional concept by expressing trade in value-added terms instead of gross terms.

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