scholarly journals Does Intra‐regional Trade Matter in Regional Stock Markets? New Evidence from the Asia‐Pacific Region

2019 ◽  
Vol 33 (3) ◽  
pp. 253-280
Author(s):  
Sei‐Wan Kim ◽  
Moon Jung Choi ◽  
Young‐Min Kim
Keyword(s):  
Stock Markets ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Regional Trade ◽  
New Evidence

Direct Investment and Economic Integration in the Asia Pacific: The Case of Taiwanese Investment in Xiamen

1993 ◽  
Vol 136 ◽  
pp. 746-769 ◽  
Author(s):  
Qi Luo ◽  
Christopher Howe
Keyword(s):  
Economic Integration ◽  
Direct Investment ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Regional Trade ◽  
Key Indicator ◽  
Export Expansion ◽  
World Economic ◽  
Definition Of

The Asia-Pacific region, and particularly its East Asian core, has achieved an impressive record of growth, export expansion and regional economic integration that now spans more than three decades and a wide variety of world economic environments. A key indicator of these achievements is the changing level of intra-regional foreign trade. This indicator is positive for the region as a whole over the period, although trends since 1980 are quite sensitive to the precise definition of the region employed. However, for the NICs (Hong Kong, Taiwan, South Korea and Singapore) and the ASEAN group (Thailand, Malaysia, Indonesia, Philip-pines and Brunei) in isolation, intra-regional trade increased by approximately 25 per cent over the decade 1980–1990.

scholarly journals The WTO after TPP

Asian Survey ◽  
2016 ◽  
Vol 56 (6) ◽  
pp. 1101-1122
Author(s):  
Simon J. Evenett
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Regional Trade ◽  
The World

This paper critically evaluates the contention that the implementation of the Trans-Pacific Partnership would adversely affect the centrality of the World Trade Organization. Not only are many Asian nations members of the WTO, but some undertook major reforms to join. Contrary to much existing literature, it is argued here that governments in the Asia-Pacific region should not be alarmed by the fate of this mega-regional trade deal.

Transmission of Volatility across Asia-Pacific Stock Markets: Is There a Pattern?

2016 ◽  
Vol 6 (1) ◽  
pp. 42-54 ◽  
Author(s):  
Amarnath Mitra ◽  
Vishwanathan Iyer
Keyword(s):  
Stock Markets ◽  
Asia Pacific ◽  
Pacific Region ◽  
Volatility Spillover ◽  
Asia Pacific Region ◽  
Volatility Transmission ◽  
International Stock Markets

The present study attempts to track the transmission of volatility across 11 international stock markets in the Asia-Pacific region over a period of 20 years, which includes both crisis (i.e., contagion form) and non-crisis periods. It also investigates whether the global transmission of volatility follows a pattern. The study contributes to the literature in two ways: (a) it provides a historical map of volatility transmission in the Asia-Pacific region and (b) it identifies the path and pattern of volatility spillover across stock markets in the Asia-Pacific region.

scholarly journals Integration potential of megaregional trade agreements in Asia-Pacific Region

2020 ◽  
Vol 20 (2) ◽  
pp. 84-103
Author(s):  
Mikhail V. Tomilov
Keyword(s):  
Free Trade Area ◽  
Trade Agreements ◽  
Economic Effects ◽  
Regional Trade Agreements ◽  
Asia Pacific ◽  
Trade Barriers ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Regional Trade ◽  
Development Levels

Since the beginning of the XXI century, an increase in the number of new regional trade agreements has been recorded. At the same time, their quality content is changing significantly, which has led to the emergence of mega-regional trade agreements (MRTА). This process is particularly active in the fast-growing Asia-Pacific region (APR), where initiatives for the creation of the Trans-Pacific Partnership (TPP), The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Regional Comprehensive Economic Partnership (RCEP) and the Free Trade Area of Asia-Pacific (FTAAP) have emerged during this period. However, it is still difficult to assess their effectiveness in terms of obtaining potential positive economic results. The article's aim is to assess integration potential of APR MRTA within two stages. At the first stage, methods of econometric analysis were used to determine the economic proximity of their participants. At the second stage, a gravitational model of foreign trade was constructed to assess all trade barriers (tariff, non-tariff, etc.) within the group of integrating countries. Based on the results of integration potential assessment, the author defines the most promising existing multilateral integration associations in the Asia-Pacific region, as well as a hypothetical group of countries in the region, which will receive the greatest trade and economic effects as a result of integration under the assumptions adopted in the study. In addition, an approach to assessing the integration potential and determining the optimal composition of the countries participating in MRTA based on the criteria of proximity of their economic development levels and the size of trade barriers within the group is proposed, methodically justified and implemented.

scholarly journals US interaction with the TPSEP countries within the trade policy of the George W. Bush administration

2021 ◽  
Vol 21 (2) ◽  
pp. 225-230
Author(s):  
Viktor V. Shamardin ◽  
Keyword(s):  
Trade Liberalization ◽  
Bush Administration ◽  
The United States ◽  
Negotiation Process ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Regional Trade ◽  
Bilateral Relations ◽  
The Us

The article is devoted to the study of the formation of the US foreign trade course in the Asia-Pacific region. Special attention is paid to the factors in bilateral relations with the TPSEP countries, which had a key influence on the decision of the George W. Bush administration to join the partnership. The author comes to the conclusion that failures in the implementation of the multilateral format of regional trade liberalization contributed to the fact that the United States entered the negotiation process on the TPSEP.

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