Facilitating Trade and Global Financial Stability

In attempting to address uncertainties presented by the global economic climate through the era of possible shifting diplomatic relations – as well as changes in fiscal, monetary and foreign policies, this chapter seeks to highlight how amicable trade relations can still be facilitated as a means of preserving global financial stability. In so doing, it contributes to the extant literature on the topic by introducing innovative means of addressing current research problems and emerging areas of research – as well as highlighting those areas which currently constitute focal points of study.

Author(s):  
Le Thi Anh Dao ◽  

China, Japan and Ayutthaya (Thailand) are three countries located in Asia - a cultural, civilized and economic center of the world in history and at present. In the 16th - 17th centuries, building diplomatic relations and implementing foreign policies with Southeast Asian countries were always the concern of major countries in the region, especially China and Japan. In the foreign policy of China and Japan, Ayutthaya was one of the countries that had an important position and brought many economic and political benefits. On the contrary, establishing a good relationship with a powerful country like China and a country with a developed maritime trade like Japan would benefit Ayutthaya in many ways in international relations, expanding its sphere of influence as well as economic and political development in the 16th and 17th centuries. The article delves into the policies of China and Japan towards Ayutthaya (16th - 17th centuries) in order to clarify the similarities and differences in the regional policies of two major countries as well as the role and position of Ayutthaya in Southeast Asia during the pre-modern centuries.


Author(s):  
Marina Mancini

This chapter explores how a state of war or armed conflict affects the relations between belligerents, between belligerents and third states, and the belligerents’ subjects. It begins by describing how a state of war arose between two states, along with its far-reaching consequences, in classical international law. The effects on diplomatic relations, trade relations, treaties, and contracts are highlighted. The chapter then considers the prohibition on the use or threat of armed force in international relations and its implications for the concept of a state of war as well as the consequences traditionally attached to it. It also looks at state practice regarding the creation of a state of war in the United Nations era and concludes by analysing the effects of an interstate armed conflict in contemporary international law.


2010 ◽  
Vol 9 (2) ◽  
pp. 363-394 ◽  
Author(s):  
Maaike Okano-Heijmans

AbstractThe importance of economic issues, in a comprehensive multilateral and bilateral context, has been receiving increased attention in writings about the Korean Peninsula lately. This article adds to this debate by analysing Japan's relations with North Korea from an economic diplomacy perspective. The concept of 'negative economic diplomacy' is introduced to understand actions of the Japanese government, which had tried economic engagement in various ways until the early 1990s, but hardened its stance thereafter. Tokyo seems to have come to the conclusion that North Korean rulers are more willing to preserve the status quo than some wish to believe and, consequently, started to use the North Korean threat to justify Japan's controversial military enhancement in a context of uncertainty about the United States' commitment and an increasingly stronger China. is strategy was practised through a negative approach to economic diplomacy of withholding economic benefits—in policy fields ranging from the abductees and normalisation of diplomatic relations, to trade relations, sanctions and the six-way process. Japan's policy was most outspoken from late 2002 until at least mid-2007.


Subject The outlook for US-Vietnam diplomacy in 2015. Significance The United States and Vietnam signed on February 2 a memorandum of understanding on cooperating in disaster relief -- the latest iteration of deepening security ties. Meanwhile, 2015 marks the 20th anniversary of normalisation of US-Vietnam diplomatic relations. Since then, bilateral economic and trade relations have expanded rapidly. Security relations have been more sensitive, and slower to form. Nonetheless, the momentum in security cooperation is accelerating and, although facing constraints on both sides, this trend will continue in 2015. Impacts The emerging US-Vietnam security relationship will be defined on a case-by-case basis. Vietnam's coast guard will increasingly be a channel for forging bilateral security ties. Vietnam's TPP participation could form a test case for US trade agreements with developing countries.


Author(s):  
Atadjanova Sayyora Melisovna

The article reveals the relevance of cooperation of Central Asia in the field of tourism during the years of independence, using the example of the Uzbek and Kazakh peoples. The rich historical, cultural and spiritual heritage of the Central Asian people, which has accumulated from ancient times to the present day. An interchange that can be traced back to the ancient Great Silk Road, which contributed to the enrichment of nationalities’ cultures, the establishment of diplomatic relations between states, the establishment and development of trade relations and the spiritual enrichment of peoples. And nowadays the invaluable heritage of the Central Asian peoples contributes to the establishment and development of a new industry - tourism in the period of independence, as historical, sanitary, sports, gastronomic as well. KEY WORDS: Tourism, culture, cooperation, World Tourism Organization, Tourism Fair Agreement.


2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Muhamma Zulfikar Rakhmat

This paper aims to explore the relationship between the Republic of Indonesia and the Sultanate of Oman. Oman is one of the Middle Eastern countries which have strengthened its relationship with Indonesia. In recent years, Jakarta-Muscat ties have gradually developed in various spheres, although the cooperation remains limited compared to Indonesia’s ties with other regional states. Despite these developments, Indonesia’s ties with Middle Eastern countries has received little attention in the literature. This paper thus aims to examine the nature and scope of the relationship between Indonesia and Oman in a number of spheres based on Eberling (2017)’s five-dimensional framework, which includes political-diplomatic relations, economic-trade relations, military- security relations, cultural relations, as well as petroleum-energy relations. At the same time, the paper also intends to identify the opportunities available for the two countries to expand their ties.


2005 ◽  
Vol 49 (1) ◽  
pp. 79-93 ◽  
Author(s):  
Alexei G. Orlov

This paper justifies the relevance of capital controls on the basis of markets' incompleteness, examines the pros and cons of restrictions on capital mobility, surveys the literature's recent attempts to assess the effectiveness of capital controls, and delineates the focal points of debate among researchers and policymakers. Additionally, the link between capital controls and financial stability is examined using frequency domain techniques. The study of the Chilean stock market and Peso-Dollar exchange rate fluctuations reveals that financial volatility due to irregular components increased after the removal of capital controls in September 1998.


1989 ◽  
Vol 83 (2) ◽  
pp. 465-480 ◽  
Author(s):  
Brian M. Pollins

A public choice approach is used to build a model of bilateral trade flows employing international conflict and cooperation, as well as prices and income, to predict the level of imports. The model is consistent with neoclassical trade theory in economics, while employing data and measurement insights from the field of international relations to construct an indicator of bilateral diplomatic relations. The model is empirically tested using pooled, cross-section time-series analysis for six nations representing different worlds of development. Considerable empirical support is found for the model in general. The effects of diplomacy on commerce are significant and conform to model predictions in every instance. Estimation results also indicate possible cross-national differences in the political management of trade relations.


Author(s):  
David B. H. Denoon

The introduction lays out the background, basic themes, and structure of the book. Southeast Asian states have returned to financial stability from the 1997 financial crisis; however internal political conditions and divergent foreign policies toward China and the United States have driven ASEAN to split. Most of ASEAN governments are facing a dilemma: become pro-Beijing or join with those states resisting Chinese policy. The future of ASEAN’s integration will depend on Beijing’s strategy regarding sovereignty and security. China’s current hard-line position in the South China Sea is likely to only widen the differences within ASEAN.


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