East Asian Bureau of Economic Research

Displaying 1-31 of 31 results

  • White Papers // Dec 2010

    Present And Projected Australian Coal Supply Capacity - Impacts Of Global Recession And Expansion In Coal Exports To China-

    Australia's coal exports in 2008 totaled 252 million tons, accounting for 26.9% of global coal trade (in terms of exports) at 938 million tons. Although Indonesia has expanded its coal exports over recent years and reported exports in 2008 at 203 million tons, Australia has remained unshaken as the world's...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Nov 2010

    The Future Of Financial Liberalization In South Asia

    The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Indian financial reform. The Indian strategy followed a well thought out sequence whereby full capital account liberalization was to come after deepening domestic markets, and...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Oct 2010

    Improving The Financial Management Of Local Economic Enterprises

    Although LEEs are meant to be self-sustaining, if not revenue-generating units, many of them actually incur losses on a continuing basis. Current practice in many LGUs does not engender a clear appreciation of the true cost of the local economic enterprise. COA has documented many cases where the operation of...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Sep 2010

    Japan-Philippines Economic Partnership Agreement (JPEPA): Toward A Framework For Regional Economic Integration

    With less than two years after its ratification, many of the economic gains expected under JPEPA have yet to be realized. But while critics may be quick to judge its failure due to this seeming lack of progress, neither have there been costs and dislocations that should have been more...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Aug 2010

    Inflation Targeting And Pass-Through Rate In East Asian Economies

    This paper sets out to assess the performance of Inflation Targeting (IT) frameworks from the perspective of the pass-through effect of external price shocks into consumer price inflation, focusing on the four East Asian economies which have adopted IT, during the period of 1990-2009. The authors first examine their monetary...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Aug 2010

    Extracting Information On Inflation From Consumer And Wholesale Prices And The NKE Aggregate Supply Curve

    Since consumer prices are a weighted average of the prices of domestic and of imported consumption goods, and producer prices feed into final consumer prices, wholesale price inflation should cause consumer price inflation. Moreover, there should exist a long-term equilibrium relationship between consumer and wholesale price inflation and the exchange...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Aug 2010

    The Dynamic Impacts Of M&A On Employment In Japan

    This paper provides empirical evidence on the effects of Mergers and Acquisitions (M&A) on employment in Japan. It contributes to the literature by capturing dynamic employment impacts of various types of M&A using the latest micro data of firms' financial statements. The main findings are: the dynamic effect of "Firm...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jul 2010

    Understanding The ADR Premium Under Market Segmentation

    Capital controls can induce large and persistent deviations from the Law of One Price for cross-listed stocks in international capital markets. A considerable literature has explored firm specific factors which influence ADR pricing when LOP is violated. In this paper, the authors examine the interlink ages between Indian ADR premiums...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jul 2010

    Global Financial Crisis: Implications For Trade And Industrial Restructuring In India

    This paper investigates the impact of global crisis shocks on India's trade and industry. The estimated results show that changes in trade composition are positively associated with changes in manufacturing composition in India, controlling for other variables. While analyzing its dynamic effects, compositional change in industry has responded significantly to...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jul 2010

    Progress In Human Development - Are We On The Right Path?

    The conventional measure of Human Development Index (HDI) is a linear average across dimensions, HDI1. Under this, poor attainments in any dimension gets perfectly compensated for better attainments in any other dimension HDI2, which is based on Euclidean distance measuring shortfall from the ideal, addresses the above anomaly. In this...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jun 2010

    Exchange Rate Regimes And Macroeconomic Performance In South Asia

    Stylized facts for South Asia show the dominance of supply shocks, amplified by macroeconomic policies and procyclical current accounts. Interest and exchange rate volatility rose initially on liberalization, but fell as markets deepened. A gradual middling through approach to openness and market development are helping the region absorb shocks without...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jun 2010

    Are Trade Openness And Financial Development Complementary?

    Trade liberalization and financial deepening have assumed greater significance for a country's economic growth performance in recent times. Several theoretical and empirical studies have devoted considerable attention to the association between economic performance and trade liberalization as well as to the connections between financial market development and economic growth. However,...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jun 2010

    Does Governance Matter For Enhancing Trade? Empirical Evidence From Asia

    The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing Asia's trade. In this study, the authors have performed a comprehensive empirical analysis of the linkages between governance and trade at the Asian sub-regional level. These results indicate that all individual...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2010

    The Exchange Rate Regime In Asia: From Crisis To Crisis

    Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A 'Fear of floating' gave reduced flexibility when the crisis subsided, but flexibility after the crisis was greater than that...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2010

    Financial Integration In Asia: Amedium-Term Agenda

    Asia is a region whose financial integration has not kept pace with real integration. Asia's relative financial isolation has limited its exposure to the direct fallout of the global financial crisis (though it did not prevent trade links from exerting severe contractionary impact). Does this mean that Asia should continue...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Apr 2010

    Urban Governance And Finance In India

    Over 330 million people live in India's cities; 35 cities have a population of over a million and three (Mumbai, Delhi, and Kolkata) of the 10 largest metropolises in the world are in India. India's cities are large, economically important, and growing. However, neither urban infrastructure nor the level of...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Mar 2010

    Assessing The Performance Of Inflation Targeting In East Asian Economies

    This paper aims at assessing the performance of the inflation targeting framework from the quantitative perspective of the money and inflation relationship, focusing on the four East Asian economies, i.e. Korea, Indonesia, Thailand and the Philippines, who adopted the inflation targeting framework soon after the 1997-98 Asian currency crisis. This...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Feb 2010

    Geographical Indications At The WTO: An Unfinished Agenda

    The aim of this paper is to provide a concise account of the ongoing WTO discussions on GIs. However, the dynamics of the current negotiations cannot be put into perspective unless judged in the light of the key reasons underlying the discordance between the two sides of this highly contentious...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Feb 2010

    The Impact Of The Global Financial Crisis On Poverty In The Philippines

    The recent global financial and economic crisis which started in the United States and expanded to other developed countries has, to some extent, affected developing countries as well. Given the vulnerability of most developing countries, it is important to monitor the impact of this global crisis on poverty. This paper,...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Oct 2009

    The Influence Of Economics And Politics On The Structure Of World Trade And Investment Flows

    The Asia Pacific region, and especially East Asia, has experienced rapid economic integration without the 'Hard politics' of legally binding economic and political treaties, unlike Europe where integration has been institution?]led. The 'Soft politics' and market?]led integration in East Asia set against a background of political tensions and rivalries in...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Sep 2009

    The European Union's Proposed Carbon Equalization System: Can It Be WTO Compatible?

    Numerous political statements by the world leaders on the urgency of reaching an ambitious climate deal in Copenhagen notwithstanding, the actual discussions at the UNFCCC (United Nations Framework Convention on Climate Change) continue to be shrouded by daunting North-South divide, dimming the hope of sealing a deal in December 2009....

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jul 2009

    Japanese FDI In China - Determinants And Performance

    Japanese Foreign Direct Investment (FDI) into China is an important aspect of one of the largest bilateral economic relationships in the world. The bilateral FDI is analyzed using an FDI model combined with stochastic frontier analysis to explain the determinants of FDI, measure the performance of FDI using the frontier,...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2009

    Asian Economic Integration: Perspectives From A Chinese Scholar

    Since the 1990s, regional economic integration has become an unstoppable trend throughout the world. As the most telling feature of that, Regional Trade Agreements (RTAs) have expanded explosively in the past fifteen years. According to the latest WTO data, the number of RTAs of all kinds (including those in implementation...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2009

    Strategies For Asian Exchange Rate Policy Cooperation

    Asian economies have undergone significant transformation since 1997/98 financial crisis. In order to reduce risks of balance of payment crisis, Asian policymakers introduced a number of policy reforms, including promotion of current account surpluses, accumulation of foreign reserves and some regional cooperation initiatives. These changes strengthened Asia' external sector fundamentals...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Apr 2009

    Climate Change, Technology Transfer And Intellectual Property Rights

    Technology development and transfer has been identified as a key element in the Bali Action Plan. In the negotiations on a global climate treaty the developing nations have put forth ideas and plans to ensure that Intellectual Property Rights (IPRs) do not become a barrier to transfer of climate friendly...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jan 2009

    Investment And Capital Flows: Implications Of The ASEAN Economic Community

    One of the objectives of the evolving ASEAN Economic Community (AEC) is to promote free investment flows and freer capital flows. By deepening economic integration among them, ASEAN Member Countries can establish a region-wide production base that will attract more foreign direct investment and strengthen the existing FDI-Trade nexus in...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jan 2009

    India?s Outward Foreign Direct Investments In Steel Industry In A Chinese Comparative Perspective

    Indian and Chinese enterprises have emerged as important outward investors in recent times with their involvement in a number of prominent Greenfield investments and acquisitions. The theory of international business posits that the ownership of some unique advantages having a revenue generating potential abroad combined with the presence of internalization...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Dec 2008

    A Study On Financial Deficit And Declining Birthrate1 - From The Viewpoint Of "Children As A Social Security Revenue Source" -

    With a declining birthrate and an aging population, Japan is increasingly finding itself in deeper financial difficulties. Recognizing these conditions, the government is now examining a framework for maintaining fiscal sustainability, mainly at the Council of Economic and Fiscal Policy. The predominant cause of such financial difficulties is the existence...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Nov 2008

    Global Financial Crisis: Impact On Singapore And Asean

    Despite creating a record of number of jobs in 2007 and 2008 (237,000 jobs in 2007 and 202,400 jobs in the first three quarters of 2008) and averaging a growth rate of nearly 10 percent from 2004 to 2007, Singapore was the first East Asian country to fall into a...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Oct 2008

    China~s Participation In Global Environmental Negotiations

    In the paper the authors discuss China's participation in both the 2009 Copenhagen negotiations on a post-Kyoto global climate change regime currently under way and out beyond Copenhagen in further negotiations likely to follow. China is now both the largest and most rapidly growing carbon emitter, and has much higher...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2008

    FDI Inflows, Exports And Economic Growth In First and Second Generation ANIEs: Panel Data Causality Analyses

    This paper point out that recent tends to emphasize the contribution of human capital or financial development along with FDI on GDP growth. Human capital, and for that matter, financial development, may be important in a regression estimation or determination of economic growth when the effects of FDI inflows are...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jul 2010

    Understanding The ADR Premium Under Market Segmentation

    Capital controls can induce large and persistent deviations from the Law of One Price for cross-listed stocks in international capital markets. A considerable literature has explored firm specific factors which influence ADR pricing when LOP is violated. In this paper, the authors examine the interlink ages between Indian ADR premiums...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Mar 2010

    Assessing The Performance Of Inflation Targeting In East Asian Economies

    This paper aims at assessing the performance of the inflation targeting framework from the quantitative perspective of the money and inflation relationship, focusing on the four East Asian economies, i.e. Korea, Indonesia, Thailand and the Philippines, who adopted the inflation targeting framework soon after the 1997-98 Asian currency crisis. This...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Aug 2010

    Inflation Targeting And Pass-Through Rate In East Asian Economies

    This paper sets out to assess the performance of Inflation Targeting (IT) frameworks from the perspective of the pass-through effect of external price shocks into consumer price inflation, focusing on the four East Asian economies which have adopted IT, during the period of 1990-2009. The authors first examine their monetary...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jun 2010

    Exchange Rate Regimes And Macroeconomic Performance In South Asia

    Stylized facts for South Asia show the dominance of supply shocks, amplified by macroeconomic policies and procyclical current accounts. Interest and exchange rate volatility rose initially on liberalization, but fell as markets deepened. A gradual middling through approach to openness and market development are helping the region absorb shocks without...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jan 2009

    Investment And Capital Flows: Implications Of The ASEAN Economic Community

    One of the objectives of the evolving ASEAN Economic Community (AEC) is to promote free investment flows and freer capital flows. By deepening economic integration among them, ASEAN Member Countries can establish a region-wide production base that will attract more foreign direct investment and strengthen the existing FDI-Trade nexus in...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2008

    FDI Inflows, Exports And Economic Growth In First and Second Generation ANIEs: Panel Data Causality Analyses

    This paper point out that recent tends to emphasize the contribution of human capital or financial development along with FDI on GDP growth. Human capital, and for that matter, financial development, may be important in a regression estimation or determination of economic growth when the effects of FDI inflows are...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Oct 2008

    China~s Participation In Global Environmental Negotiations

    In the paper the authors discuss China's participation in both the 2009 Copenhagen negotiations on a post-Kyoto global climate change regime currently under way and out beyond Copenhagen in further negotiations likely to follow. China is now both the largest and most rapidly growing carbon emitter, and has much higher...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jan 2009

    India?s Outward Foreign Direct Investments In Steel Industry In A Chinese Comparative Perspective

    Indian and Chinese enterprises have emerged as important outward investors in recent times with their involvement in a number of prominent Greenfield investments and acquisitions. The theory of international business posits that the ownership of some unique advantages having a revenue generating potential abroad combined with the presence of internalization...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jul 2010

    Global Financial Crisis: Implications For Trade And Industrial Restructuring In India

    This paper investigates the impact of global crisis shocks on India's trade and industry. The estimated results show that changes in trade composition are positively associated with changes in manufacturing composition in India, controlling for other variables. While analyzing its dynamic effects, compositional change in industry has responded significantly to...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Feb 2010

    Geographical Indications At The WTO: An Unfinished Agenda

    The aim of this paper is to provide a concise account of the ongoing WTO discussions on GIs. However, the dynamics of the current negotiations cannot be put into perspective unless judged in the light of the key reasons underlying the discordance between the two sides of this highly contentious...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jun 2010

    Are Trade Openness And Financial Development Complementary?

    Trade liberalization and financial deepening have assumed greater significance for a country's economic growth performance in recent times. Several theoretical and empirical studies have devoted considerable attention to the association between economic performance and trade liberalization as well as to the connections between financial market development and economic growth. However,...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Nov 2010

    The Future Of Financial Liberalization In South Asia

    The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Indian financial reform. The Indian strategy followed a well thought out sequence whereby full capital account liberalization was to come after deepening domestic markets, and...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2010

    Financial Integration In Asia: Amedium-Term Agenda

    Asia is a region whose financial integration has not kept pace with real integration. Asia's relative financial isolation has limited its exposure to the direct fallout of the global financial crisis (though it did not prevent trade links from exerting severe contractionary impact). Does this mean that Asia should continue...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2009

    Strategies For Asian Exchange Rate Policy Cooperation

    Asian economies have undergone significant transformation since 1997/98 financial crisis. In order to reduce risks of balance of payment crisis, Asian policymakers introduced a number of policy reforms, including promotion of current account surpluses, accumulation of foreign reserves and some regional cooperation initiatives. These changes strengthened Asia' external sector fundamentals...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jul 2009

    Japanese FDI In China - Determinants And Performance

    Japanese Foreign Direct Investment (FDI) into China is an important aspect of one of the largest bilateral economic relationships in the world. The bilateral FDI is analyzed using an FDI model combined with stochastic frontier analysis to explain the determinants of FDI, measure the performance of FDI using the frontier,...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Sep 2009

    The European Union's Proposed Carbon Equalization System: Can It Be WTO Compatible?

    Numerous political statements by the world leaders on the urgency of reaching an ambitious climate deal in Copenhagen notwithstanding, the actual discussions at the UNFCCC (United Nations Framework Convention on Climate Change) continue to be shrouded by daunting North-South divide, dimming the hope of sealing a deal in December 2009....

    Provided By East Asian Bureau of Economic Research

  • White Papers // Dec 2010

    Present And Projected Australian Coal Supply Capacity - Impacts Of Global Recession And Expansion In Coal Exports To China-

    Australia's coal exports in 2008 totaled 252 million tons, accounting for 26.9% of global coal trade (in terms of exports) at 938 million tons. Although Indonesia has expanded its coal exports over recent years and reported exports in 2008 at 203 million tons, Australia has remained unshaken as the world's...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Apr 2010

    Urban Governance And Finance In India

    Over 330 million people live in India's cities; 35 cities have a population of over a million and three (Mumbai, Delhi, and Kolkata) of the 10 largest metropolises in the world are in India. India's cities are large, economically important, and growing. However, neither urban infrastructure nor the level of...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jun 2010

    Does Governance Matter For Enhancing Trade? Empirical Evidence From Asia

    The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing Asia's trade. In this study, the authors have performed a comprehensive empirical analysis of the linkages between governance and trade at the Asian sub-regional level. These results indicate that all individual...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Sep 2010

    Japan-Philippines Economic Partnership Agreement (JPEPA): Toward A Framework For Regional Economic Integration

    With less than two years after its ratification, many of the economic gains expected under JPEPA have yet to be realized. But while critics may be quick to judge its failure due to this seeming lack of progress, neither have there been costs and dislocations that should have been more...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Oct 2010

    Improving The Financial Management Of Local Economic Enterprises

    Although LEEs are meant to be self-sustaining, if not revenue-generating units, many of them actually incur losses on a continuing basis. Current practice in many LGUs does not engender a clear appreciation of the true cost of the local economic enterprise. COA has documented many cases where the operation of...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Apr 2009

    Climate Change, Technology Transfer And Intellectual Property Rights

    Technology development and transfer has been identified as a key element in the Bali Action Plan. In the negotiations on a global climate treaty the developing nations have put forth ideas and plans to ensure that Intellectual Property Rights (IPRs) do not become a barrier to transfer of climate friendly...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2009

    Asian Economic Integration: Perspectives From A Chinese Scholar

    Since the 1990s, regional economic integration has become an unstoppable trend throughout the world. As the most telling feature of that, Regional Trade Agreements (RTAs) have expanded explosively in the past fifteen years. According to the latest WTO data, the number of RTAs of all kinds (including those in implementation...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Feb 2010

    The Impact Of The Global Financial Crisis On Poverty In The Philippines

    The recent global financial and economic crisis which started in the United States and expanded to other developed countries has, to some extent, affected developing countries as well. Given the vulnerability of most developing countries, it is important to monitor the impact of this global crisis on poverty. This paper,...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Aug 2010

    Extracting Information On Inflation From Consumer And Wholesale Prices And The NKE Aggregate Supply Curve

    Since consumer prices are a weighted average of the prices of domestic and of imported consumption goods, and producer prices feed into final consumer prices, wholesale price inflation should cause consumer price inflation. Moreover, there should exist a long-term equilibrium relationship between consumer and wholesale price inflation and the exchange...

    Provided By East Asian Bureau of Economic Research

  • White Papers // May 2010

    The Exchange Rate Regime In Asia: From Crisis To Crisis

    Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A 'Fear of floating' gave reduced flexibility when the crisis subsided, but flexibility after the crisis was greater than that...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Jul 2010

    Progress In Human Development - Are We On The Right Path?

    The conventional measure of Human Development Index (HDI) is a linear average across dimensions, HDI1. Under this, poor attainments in any dimension gets perfectly compensated for better attainments in any other dimension HDI2, which is based on Euclidean distance measuring shortfall from the ideal, addresses the above anomaly. In this...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Dec 2008

    A Study On Financial Deficit And Declining Birthrate1 - From The Viewpoint Of "Children As A Social Security Revenue Source" -

    With a declining birthrate and an aging population, Japan is increasingly finding itself in deeper financial difficulties. Recognizing these conditions, the government is now examining a framework for maintaining fiscal sustainability, mainly at the Council of Economic and Fiscal Policy. The predominant cause of such financial difficulties is the existence...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Aug 2010

    The Dynamic Impacts Of M&A On Employment In Japan

    This paper provides empirical evidence on the effects of Mergers and Acquisitions (M&A) on employment in Japan. It contributes to the literature by capturing dynamic employment impacts of various types of M&A using the latest micro data of firms' financial statements. The main findings are: the dynamic effect of "Firm...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Nov 2008

    Global Financial Crisis: Impact On Singapore And Asean

    Despite creating a record of number of jobs in 2007 and 2008 (237,000 jobs in 2007 and 202,400 jobs in the first three quarters of 2008) and averaging a growth rate of nearly 10 percent from 2004 to 2007, Singapore was the first East Asian country to fall into a...

    Provided By East Asian Bureau of Economic Research

  • White Papers // Oct 2009

    The Influence Of Economics And Politics On The Structure Of World Trade And Investment Flows

    The Asia Pacific region, and especially East Asia, has experienced rapid economic integration without the 'Hard politics' of legally binding economic and political treaties, unlike Europe where integration has been institution?]led. The 'Soft politics' and market?]led integration in East Asia set against a background of political tensions and rivalries in...

    Provided By East Asian Bureau of Economic Research