--- (Expected Effects of Entrenching Financial Cooperation between Korea and the Middle-East and International Expansion Strategies of Korean Banks to the Middle-East Financial Markets)

2013 ◽  
Author(s):  
Oh Suk Yang
Keyword(s):  
Middle East ◽  
Financial Markets ◽  
International Expansion ◽  
Financial Cooperation ◽  
Expansion Strategies

scholarly journals Does the Financial Integration in ASEAN+3 Respond to Financial Cooperation Agreement and Influence the Real Sectors?

2019 ◽  
Vol 22 (01) ◽  
pp. 1950002
Author(s):  
Md. Saifur Rahman ◽  
Farihana Shahari
Keyword(s):  
Financial Markets ◽  
Policy Implication ◽  
Financial Integration ◽  
Markov Switching ◽  
Positive Influence ◽  
Real Economy ◽  
Cooperation Agreement ◽  
The Real ◽  
Financial Cooperation

This paper aims to investigate the degree of financial integration by employing Markov Switching (MS) technique. It further examines the influence of financial integration on the real sectors by employing GMM approach. The finding indicates following outcomes; (1) the financial markets of ASEAN[Formula: see text]3 economies are weakly integrated during pre-agreement periods; (2) the degree of financial integration improves during post-agreement period in which financial integration has positive influence on the real economy; (3) higher degree of financial integration indicates a positive influence on the real economies. Finally, this study offers policy implication for stabilizing the real economy.

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