THE TOPOLOGY OF A LOCAL TRADE WEB AND IMPACTS OF THE US FINANCIAL CRISIS

2010 ◽  
Vol 21 (07) ◽  
pp. 853-866 ◽  
Author(s):  
XIAOBING FENG ◽  
HAIBO HU ◽  
XIAOFAN WANG
Keyword(s):  
Financial Crisis ◽  
Behavior Pattern ◽  
Asia Pacific ◽  
Asia Pacific Region ◽  
Economic Implications ◽  
The Us ◽  
And Behavior ◽  
The International Monetary Fund ◽  
Us Financial Crisis ◽  
The Web

In this paper a local trade web (LTW) in the Asia-Pacific region is examined using the data derived from the United Nations and the International Monetary Fund. The topology of the LTW has been specified, based upon which the impacts of US financial crisis on the structural and behavior pattern of the LTW are further investigated. The major findings are given as follows. Firstly, the LTW is much more integrated than the global trade web; secondly, after the financial crisis, the fundamental structure of the network remains relatively stable but the strength of the web has been changed and the structure of the web has evolved over time. Economic implications for what have been observed are also discussed.

GLOBAL FINANCIAL CRISIS: THE BUBBLE EFFECT IN INDONESIA

2018 ◽  
pp. 27-33
Author(s):  
Mohammad Benny Alexandri ◽  
Raeny Dwisanti
Keyword(s):  
Financial Crisis ◽  
Stock Price ◽  
Price Index ◽  
Global Financial Crisis ◽  
Price Ratio ◽  
Sharp Decline ◽  
Book Value ◽  
The Us ◽  
Investment Opportunities ◽  
Us Financial Crisis

US and Indonesia stock markets are entering record heights without being offset by economic growthand profitability growth of their traded companies. There are several indicators for the stock marketbubble: (1) Price Ratio (Ear Ratio); (2) Price Ratio / Book (PB Ratio), the latter comparing thenominal price of one share at a market with the book value (the value of company's assets). Thecurrent PB ratio of the composite stock price index being 3.3 means that for each shares the assetvalue of which is 1 IDR, the stock would be worth 3.3 IDR. This is one of the most expensive price in the world today. Based on the above, for Indonesian stock market sharp decline is just a matter of time and waiting. This decline will be much sharper if triggered by the US financial crisis. We can also also see a bubble emerging from increasingly irrational investment attitudes. Currently, in addition to high prices for stocks and bonds, investors have started looking at investment opportunities in digital currencies. This research tries to know the potential of financial crisis and itseffect for the financial market in Indonesia. 

Pacific Asia: Economic Integration and Prospects of Russia

2011 ◽  
pp. 67-75
Author(s):  
V. Usol'tsev
Keyword(s):  
Financial Crisis ◽  
Economic Integration ◽  
Asian Financial Crisis ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
World Crisis ◽  
The World ◽  
Pacific Asia

The article describes in detail the integration processes in the Asia-Pacific region, the influence of the Asian financial crisis of 1997-1998 biennium. and the world crisis 2007-2008 biennium, as well as the prospects of the Russian connection.

US INDO-PACIFIC STRATEGY AND EURASIA

2021 ◽  
pp. 135-153
Author(s):  
Vladimir Batyuk
Keyword(s):  
American Foreign Policy ◽  
The Philippines ◽  
Asia Pacific ◽  
Pacific Region ◽  
Middle Kingdom ◽  
Asia Pacific Region ◽  
American President ◽  
National Security Strategy ◽  
The Us ◽  
The Indian Ocean

Despite the critical attitude of the current American President towards his predecessor, the Trump administration actually continued the course of the Obama administration to turn the Asia-Pacific region into the most important priority of American foreign policy. Moreover, the US Asia-Pacific strategy was transformed under Trump into the Indo-Pacific strategy, when the Indian Ocean was added to the Asia-Pacific region in the US strategic thinking. The US Pacific command was renamed the Indo-Pacific command (May 2018), and the US Department of defense developed the Indo-Pacific strategy (published in June 2019). The Indo-Pacific strategy is an integral part of Trump’s national security strategy, according to which China, along with Russia, was declared US adversary. The American side complained about both the economic and military-political aspects of the Chinese presence in the Indo-Pacific region. At the same time, official Washington is no longer confident that it can cope with those adversaries, China and Russia, alone. Trying to implement the main provisions of the Indo-Pacific strategy, official Washington has staked not only on building up its military power in the Indo-Pacific, but also on trying to build an anti-Chinese system of alliances in this huge region. Along with such traditional American allies in the region as Japan, South Korea, Taiwan, Thailand, the Philippines and Singapore, the American side in the recent years has made active attempts to attract India, Indonesia, Malaysia and Vietnam to this system of alliances as well. These American attempts, however, can only cause serious concerns not only in Beijing, but also in Moscow, thereby contributing to the mutual rapprochement of the Russian Federation and China. Meanwhile, the Russian-Chinese tandem is able to devalue American efforts to strategically encircle China, creating a strong Eurasian rear for the Middle Kingdom.

American Mistakes

2020 ◽  
pp. 34-58
Author(s):  
Feng Zhang ◽  
Richard Ned Lebow
Keyword(s):  
Asia Pacific ◽  
Pacific Region ◽  
Regional Strategy ◽  
Management Issue ◽  
Asia Pacific Region ◽  
Obama Administration ◽  
The Us ◽  
Made In

This chapter examines the policy mistakes that the Obama administration made in managing the Sino-American relationship. The Obama administration developed no distinct China strategy and was in fact averse to developing such a strategy. It chose to embed largely reactive China policies within a regional strategy of the so-called “pivot” or “rebalance” to the Asia-Pacific region. While China was relegated to a management issue, the rebalance strategy damaged the US-China relationship by deepening strategic mistrust between the two countries and agitating China to seek strategic adventures in Asia. The rebalance did not cause Chinese assertiveness by itself, but the geopolitical setting it created served to exacerbate China’s already fermenting assertive inclinations and prompted its strategic adventurism.

scholarly journals Obama and Transformation Strategy from the Middle East to the Asia – Pacific Region

2017 ◽  
Vol 13 (6) ◽  
pp. 46
Author(s):  
Mohamed Kamal ◽  
Khalid Hashim Mohammed
Keyword(s):  
United States ◽  
Middle East ◽  
Global Economy ◽  
The United States ◽  
Asia Pacific ◽  
Asia Pacific Region ◽  
East Region ◽  
The Us ◽  
New Strategy ◽  
Middle East Region

The Middle East region is no longer enjoys the relative importance for the United States. This was due to the massive discoveries of Shale oil in the United States. Many analysts believe that such discovery led to the decline of the US interest in the Middle East and shifting the orientation towards Asia because of the growing importance of the Southeast Asia in the global economy. The United States, in return, has re-defined the role and the size of involvement in the Middle East by adopting a new strategy based on reducing economic and military consequences resulting from the direct investment in the region, which is rejected by US public opinion.

Change and Continuity: 1989–1997

2019 ◽  
pp. 57-82
Author(s):  
Andrew Yeo
Keyword(s):  
Cold War ◽  
Financial Crisis ◽  
Asian Financial Crisis ◽  
Asia Pacific ◽  
Processes Of Change ◽  
Asean Regional Forum ◽  
Asia Pacific Economic Cooperation ◽  
Multilateral Institutions ◽  
The Us ◽  
The Cold War

This chapter demonstrates elements of change and continuity in Asia’s regional architecture between the waning years of the Cold War and the Asian financial crisis. Despite the external shock of the Cold War, I argue that the path to change is best captured by endogenous processes of change where mechanisms of change and continuity intersect. The first part of the chapter chronicles the development of two multilateral institutions: the Asia-Pacific Economic Cooperation and the ASEAN Regional Forum. The second part demonstrates the continuity of bilateral alliances, focusing on the US-Japan and US-Philippines alliance.

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