scholarly journals The Dynamics of Indonesia – Japan Economic and Financial Relations: A Review of the 60 Years Collaboration

2021 ◽  
Vol 15 (2) ◽  
pp. 409
Author(s):  
Eko NM Saputro

Perkembangan hubungan ekonomi dan keuangan antara Indonesia dan Jepang telah berkembang di berbagai bidang dalam satu dekade terakhir. Lebih dari itu, kerja sama keduanya selalu menarik untuk dipahami mengingat tidak hanya melibatkan kepentingan ekonomi semata, namun juga aspek lain seperti pertimbangan politik dan sosial. Tulisan ini akan mencoba menjelaskan kerja sama ekonomi dan keuangan antara Indonesia dan Jepang. Berfokus pada sudut pandang Indonesia, analisis dalam tulisan ini menjelaskan mengenai bantuan pembangunan luar negeri, dukungan keuangan, investasi, dan hubungan perdagangan. Studi ini menemukan bahwa meskipun secara umum kerja sama ekonomi dan keuangan antara Indonesia dan Jepang telah relatif kuat, terdapat beberapa masalah terkait dengan investasi dan perdagangan, yang perlu ditangani.Kata-kata kunci: Hubungan Indonesia-Jepang, bantuan luar negeri untuk pembangunan, kerja sama keuangan, perdagangan bilateral, investasi Economic and financial ties between Indonesia and Japan have flourished in the recent decade covering many areas of cooperation. The cooperation between the two is interesting to explore since it involves economic interests and other aspects such as politics and social dynamics. From Indonesia point of view, this study attempts to shed light on recent economic-financial cooperation between Indonesia and Japan, particularly on overseas development assistance, financial supports, investment, and trade relations. It is found that while, in general, economic and financial cooperation between Indonesia and Japan has been relatively robust, there are some issues related to investment and trade that need to be addressed.  Keywords: Indonesia-Japan relations, overseas development assistance, financial cooperation, bilateral trade, investment

2021 ◽  
pp. 1-16
Author(s):  
Joseph Glauber ◽  
Simon Lester

Abstract The US complaint about Chinese tariff-rate quotas (TRQs) on certain grain products helps illustrate several key issues in US–China trade relations and the effectiveness of WTO disputes. First, do international obligations based on transparency and fairness work in relation to an authoritarian country not known for the rule of law domestically? Second, can there be a disconnect between the legal aspects of a dispute and the underlying economic interests, with a DSB ruling sometimes not leading to improved trade flows? And third, given the bilateral trade war and ‘phase one’ trade deal between the United States and China, has the WTO been superseded in this trade relationship? This paper summarizes the facts and law of the China–TRQs dispute, and examines each of these questions in that context.


2019 ◽  
Vol 10 (4) ◽  
Author(s):  
Anna Golubeva

Foreign trade relations between Russia and China are now evolving in fairly unusual difficult conditions. So, only over the past six years, many negative processes have been noted in the system of international commodity exchange that have influenced the dynamics of bilateral trade partners. The article analyzes the most relevant and important problems and trends that have manifested themselves in the foreign trade relations of the Russian Federation and China - two strategic partners - over the past six years (2013-2018). It reveals the main trends and development prospects in the positions of individual countries - members of the European Union in foreign trade with Russia. The article shows the dynamics in the main directions of Russia's foreign trade against the background of economic sanctions. It examines the dynamics of Russia's foreign trade with China, carries out an analysis of trade relations between Russia and China after the Ukrainian crisis. During the study, the article uses methods of comparative and statistical analysis.


Asian Survey ◽  
2005 ◽  
Vol 45 (2) ◽  
pp. 322-341
Author(s):  
Zaglul Haider

Canada has been a strong supporter of Bangladesh since the latter's Independence in 1971. Though bilateral trade relations have yet to blossom, Bangladesh was the top Asian recipient of Canadian aid in 1999––2000. Nevertheless, Bangladesh, with little diplomatic weight, generally loses bargaining power in bilateralism, as it has with Canada, whose aid significantly benefits Canadian economic interests.


2020 ◽  
Vol 2020 (10-3) ◽  
pp. 258-263
Author(s):  
Argyrios Tasoulas

This article studies the development of Soviet-Cypriot trade relations in 1960-63, based on research at the Archives of Foreign Policy of the Russian Federation (AVP RF). Concurrently, a historical analysis follows the events after the creation of the new Cypriot state and the two major Cold War crises (the building of the Berlin wall and the Cuban missile crisis). The efforts made by both governments to develop bilateral trade, the aftermath of the two major international crises and the results of the two governments’ policies have been identified and analyzed.


Author(s):  
Vladimir Yu. Salamatov ◽  
Nataliia M. Galkina

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.


Author(s):  
Ihor Soroka

The question of whether or not to adopt the euro is a very important one, not only for the 13 European Union members that do not share the same currency, but also for future EU candidates. Current literature on the effect of the euro on trade is scarce since the European Monetary Union (EMU) was officially created in 1999, and up until recently there has not been enough data to analyze this issue. This paper aims to estimate the effect of the euro on trade between member countries using the standard gravity model of trade. Using data from current 25 EU members over the period from 1997 to 2004, I show that higher trade volumes between EMU members cannot be attributed to the adoption of the euro. I find evidence that the euro adoption has had a short-run effect on bilateral trade and that this effect is eliminated over a short period of time. My findings suggest that members of the EMU trade on average from 8.8% to 47% more compared to non-members depending on the type of regression used, while members of the Free Trade Agreement trade 61.3% more. The effect of the euro on trade is eliminated as soon as I control for country-pair specific effects that include the FTA effect as well as history of trade relations between two countries. I conclude that the adoption of the euro should be seen as a final step in the European economic and monetary integration for countries that already benefit from relatively high volumes of bilateral trade. Full text availale at: https://doi.org/10.22215/rera.v2i1.166


1959 ◽  
Vol 15 (3) ◽  
pp. 291-295
Author(s):  
Walter V. Scholes

As American economic interests expanded in Central America in the early twentieth century, many British representatives concluded that the Foreign Office would have to devise some method to protect existing British investments against American encroachment. When Secretary of State Knox visited Central America in 1912, he and Sir Lionel E. G. Carden, the British Minister to Central America, discussed Central American affairs when they met in Guatemala on March 16. Knox could scarcely have been very sympathetic as Carden expounded the British point of view, for the Department of State believed that the greatest obstacle to the success of its policy in Central America was none other than the British Minister. As early as April, 1910, Knox had unsuccessfully tried to have Carden transferred from his post; the attempt failed because Sir Edward Grey backed up his Minister.


2018 ◽  
Vol 7 (4) ◽  
pp. 280-292
Author(s):  
Anisul M. Islam

Bangladesh and India are two neighbouring countries in South Asia having strong political, diplomatic, trade and economic ties with each other. This article reviews and updates on the inter- and intra-industry trade relationship between these two countries using more recent data. More specifically, it examines the relative position of the two countries in global trade followed by trends and patters of bilateral trade using aggregative data. At a disaggregate level, the commodity composition of Bangladesh exports to and imports from India by major product categories is examined focusing on the revealed comparative advantage (RCA) to review and update the degree of inter-industry trade. Further, the Grubel–Lloyd index (GLI; Grubel & Lloyd, 1975 ) is examined to measure the degree of intra-industry trade by major commodity groups. The article finds that India has a much stronger relative position in the global trade vis-à-vis Bangladesh. India is also found to dominate Bangladesh in bilateral trade, resulting in a very large and persistent trade deficit of Bangladesh with India. At a disaggregated level, the article finds that India has a comparative advantage in more products than Bangladesh and that the GLI shows that the degree of intra-industry trade is almost negligible between the two countries.


China Report ◽  
2017 ◽  
Vol 53 (3) ◽  
pp. 355-366
Author(s):  
Ngo Xuan Binh

Entering the 21st century, trade relations between Vietnam and China have grown strongly, making positive contributions to the economic development of the two countries. However, the relationship in the period 2000–15 also witnessed a number of thorny issues such as a serious trade imbalance against Vietnam, the ‘North to South’ nature in the import and export structure of the two countries, Vietnam’s growing dependence on bilateral trade with China, and so on. These issues have affected negatively Vietnam’s economy. Based on data analysis, the author identifies the key characteristics of trade relations between Vietnam and China and highlights possible solutions for Vietnam to move its trade relations with China in a more balanced direction.


Author(s):  
М. П. Самоховец ◽  
Е. А. Гречишкина

The study of mutual trade of the EAEU member states is relevant from the point of view of its improvement in order to achieve the macroeconomic effect of the EAEU creation. The purpose of the article is to study the economic indicators of mutual trade between the EAEU member states and to identify the main trends and prospects for trade relations development in the EAEU integration environment. The object of the study is trade relations between the EAEU member states. Methods used in the study. The study was conducted using official statistics of the EAEU for 2014–2018 and is based on economic comparisons and systematization. The development of cooperative ties within the EAEU, an extensive list of program and reporting documents was studied. Research hypothesis. Mutual trade of the EAEU member states has positive development trends. Statement of the main material. Significant changes in the dynamics of trade relations and their regulation in Belarus, Russia, Kazakhstan, Kyrgyzstan, Armenia are associated with the creation of the EAEU. The analysis of indicators of mutual trade between the EAEU member states showed that the Russian Federation occupies a leading position in mutual trade, and the Russian market is main market for goods from other EAEU member states. Trends indicate that the benefits of integration within the EAEU are not fully realized. Originality and practical value. Further development of EAEU trade relations is seen in the context of regional economic integration. Development on a cooperative basis will save the costs of the EAEU member countries and take advantage of the specialization of the countries. Conclusion. Intensification of mutual trade of the EAEU member states is possible by stimulating consumer and industrial demand, increasing the export of high-tech products and diversifying exports


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