Analyzing spillover effects of development of Asian highway on regional growth of Northeast Asian countries

2021 ◽  
Author(s):  
Euijune Kim ◽  
Seung‐Woon Moon ◽  
Yoojin Yi
Keyword(s):  
Regional Growth ◽  
Spillover Effects ◽  
Asian Countries ◽  
Northeast Asian

Experiences in the Blue Economy Development of Northeast Asia Countries in the Context of Industrial Revolution 4.0 – Implication for Vietnam

2021 ◽  
Vol 12 (6) ◽  
pp. 2167-2175
Author(s):  
Dr. Pham Ngoc Tram Et al.
Keyword(s):  
Development Strategy ◽  
Industrial Revolution ◽  
Northeast Asia ◽  
National Development ◽  
Coastal Development ◽  
Asian Countries ◽  
Economic Sectors ◽  
Marine Economy ◽  
Global Concern ◽  
Northeast Asian

In the 21st century, in addition to the growing population and the depletion of land-based mineral and energy resources, the development of coastal economic sectors has become a new global concern.  Therefore, all marine countries in the world consider the development and use of marine resources an essential part of their national development strategy. The marine economy gradually stimulates competition among nations. This article is based on the synthesis of documents to learn and analyze experiences of coastal development in some Northeast Asian countries in the context of the Industrial Revolution 4.0. From there, draw reference lessons for Vietnam.

Spillover Effects of US Monetary Policy on Banking Development: Evidence from the Asian Region

2019 ◽  
pp. 097215091985748 ◽  
Author(s):  
Hamed Ahmad Almahadin
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Banking Sector ◽  
Banking Industry ◽  
Spillover Effects ◽  
Interest Rate Risk ◽  
Asian Countries ◽  
Interest Rate Volatility ◽  
The Us ◽  
Banking Development

This study investigates the dynamic impacts of local interest rate volatility and the spillover effects of the US policy rate on the banking development of Asian countries from 1980 to 2015. Bounds testing within the autoregressive distributed lag (ARDL) framework is employed to explore the long-term and short-term impacts. In addition, the study adopts a principal components analysis to create a comprehensive index for banking development to capture the major dimensions of the banking development concept. The empirical findings indicate that local interest rate volatility has negative impacts on the banking industry of Asian countries. Moreover, the existence of the negative spillover impact of the US policy rate on the banking development proxy is revealed in the sampled countries. These impacts continue to play a significant role in dampening the path of banking sector development. Therefore, the banking industry of Asian countries seems to be vulnerable to interest rate risk. The results could provide important implications for policymakers to improve the banking systems of Asian economies. Bankers must consider the impacts of local interest rate policies, as well as the role of US interest rates.

Environmental Regime-Building in Northeast Asia: A Catalyst for Sustainable Regional Cooperation

2001 ◽  
Vol 1 (2) ◽  
pp. 31-61 ◽  
Author(s):  
Shin-wha Lee
Keyword(s):  
Regional Cooperation ◽  
Northeast Asia ◽  
The Political ◽  
Political Opportunity ◽  
Asian Countries ◽  
Environmental Cooperation ◽  
Environmental Regime ◽  
Independent Variable ◽  
Northeast Asian

There are two opposing views regarding the prospects of establishing a regional environmental regime in Northeast Asia. The first view considers the environment as a dependent variable of progress towards regionalism and suggest that regional environmental cooperation is impeded by political rivalries, historical animosities and economic disparities among Northeast Asian countries. The opposing view treats the environment as an independent variable of sustainable regionalism. The premise of this view is that inter-state environmental cooperation can become a confidence building measure that will pave the way for improved regional relations. Regardless of which view proves in the end to be right, the high environmental interdependence of countries in Northeast Asia makes it imperative to create a framework to promote greater cooperation within the region. Given that the region lacks institutions for region-wide dialogue and cooperation, the formation of an effective regional environmental regime will be a long-term process. However, the process itself is pivotal as it can increase dialogue and exchanges from which a regional environmental regime can evolve, and hopefully, if given the political opportunity, will promote security and peace in the region.

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