Download or read book Decoupling Asia Revisited written by Cyn-Young Park and published by . This book was released on 2017 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper reexamines the issue of decoupling. By focusing on the recent trends of international trade and financial linkages in Asia, the paper reviews the evolution of regional business cycle synchronization and investigates macroeconomic interdependence between emerging East Asia and G3 economies. A special focus is given to the People's Republic of China (PRC)'s role in changing dynamics of the regional production networks and its implications for the region's business cycle. By employing a vector auto-regression (VAR) model, the paper finds that the US economy remains an important source of external demand shock for the regional economy, although the impact of the Chinese economy has increased sharply.

Download or read book Asian Economic Integration in an Era of Global Uncertainty written by Shiro Armstrong and published by ANU Press. This book was released on 2018-01-08 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968. The 38th PAFTAD conference met at a key time to consider international economic integration. Earlier in the year, the people of the United Kingdom voted to leave the European Union and the United States elected Donald Trump as their next president on the back of an inward-looking ‘America First’ promise. Brexit and President Trump represent a growing, and worrying, trend towards protectionism in the North Atlantic countries that have led the process of globalisation since the end of the Second World War. The chapters in the volume describe the state of play in Asian economic integration but, more importantly, look forward to the region’s future, and the role it might play in defending the global system that has underwritten its historic rise. Asia has the potential to stand as a bulwark against the dual threats of North Atlantic protectionism and slowing trade growth, but collective leadership will be needed regionally and difficult domestic reforms will be required in each country.

Download or read book Emerging Asian Regionalism written by and published by . This book was released on 2008 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Asia grows and prospers, its economies are increasingly vital to each other -and to the world. Led by a team of ADB staff, scholars, and advisers to regional policy makers, this study highlights what is at stake the emerging Asian regionalism and lays out the ground for further discussion on how to move forward.

Download or read book The Paradox of Power written by David C. Gompert and published by Government Printing Office. This book was released on 2020 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second half of the 20th century featured a strategic competition between the United States and the Soviet Union. That competition avoided World War III in part because during the 1950s, scholars like Henry Kissinger, Thomas Schelling, Herman Kahn, and Albert Wohlstetter analyzed the fundamental nature of nuclear deterrence. Decades of arms control negotiations reinforced these early notions of stability and created a mutual understanding that allowed U.S.-Soviet competition to proceed without armed conflict. The first half of the 21st century will be dominated by the relationship between the United States and China. That relationship is likely to contain elements of both cooperation and competition. Territorial disputes such as those over Taiwan and the South China Sea will be an important feature of this competition, but both are traditional disputes, and traditional solutions suggest themselves. A more difficult set of issues relates to U.S.-Chinese competition and cooperation in three domains in which real strategic harm can be inflicted in the current era: nuclear, space, and cyber. Just as a clearer understanding of the fundamental principles of nuclear deterrence maintained adequate stability during the Cold War, a clearer understanding of the characteristics of these three domains can provide the underpinnings of strategic stability between the United States and China in the decades ahead. That is what this book is about.

Download or read book Economic Growth with Equity written by Kevin Watkins and published by Oxfam Pub. This book was released on 1998 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kevin Watkins analyses the manner in which the economies of East Asia have attained high economic growth rates and managed to share the prosperity widely. A caveat is included as some groups have been excluded from these benefits on ethnic grounds.

Download or read book Insight Turkey Winter 2024 Asia Anew Revisited written by Alaeddin Tekin and published by SET Vakfı İktisadi İşletmesi. This book was released on with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 2000s, almost every great, middle and even small power has developed a tendency to deepen their relations in the Asia-Pacific region. This tendency is also valid regarding international and regional organizations. In addition to state actors, non-state and even sub-state actors have assigned a certain value to this region in their strategic calculations. With such a tilt, Asia-Pacific actors have become a focal point of global politics. The increasing significance of the region has been boosted by the rising Asian powers, such as China, India, Japan, Australia, South Korea, and Indonesia. With all this dynamism, extra-regional actors have increased their economic, political, strategic, and cultural investments in Asia-Pacific. This rise in the region’s multileveled value has led regionalism-oriented IR researchers to develop the concept of the Asian Century. Türkiye has a peculiar position and significance in this regard combining the West and the non-West in many respects. Unlike the Cold War and early-post Cold War times, the world, especially the Asia-Pacific “world” is not composed of only two vectors, the West and the non-West, but several spanning into a variety of directions. This multi-vectorial reality of inter-non/-state affairs fits into Türkiye’s ambitions in its foreign policy. The Cold War label of Türkiye, i.e., the staunch ally of the West, is no longer completely valid. Türkiye of today is much more than that. The Western alliance is only an aspect of Türkiye whose substance has been amalgamated by Ankara’s developing relations with other regions and sub-regions of the globe including Asia-Pacific. Türkiye’s search for political-strategic clout in other regions has led Ankara to conceptualize and announce the most comprehensive and official foreign policy approach towards the Asia-Pacific region yet, known as the Asia Anew Initiative. This shows that Türkiye is not an exception to the above-stated powers that gave this region a central place in their strategic calculations. The initiative is predominantly multifaceted at its core, which aims to eliminate the asymmetries between Türkiye and Asian actors in both strategic and commercial terms. By increasing the engagement and cooperation with these actors, Türkiye aims to utilize its advantage in the sectors that it has considerable advantages in, such as tourism, conventional defense technology, and construction together with the ones in which it has emerging improvement, such as high-tech, finance, infrastructure, and energy transport. Türkiye’s additional connotation regarding Asia-Pacific is in geocultural terms. Due to its historical and religious background, Türkiye has many ties with Pakistan, Bangladesh, South Korea, Muslim communities of India, and to an extent Afghanistan. This has been an important channel that Turkish state and non-state actors have experienced in deepening their relations in the region. Türkiye’s soft power and diplomacy have also utilized such cultural affinity. Links tracing back to the 15th century of the Ottoman era has aided Türkiye’s influence in South and Southeast Asia. A clear empirical indication of such influence is the popularity of Turkish culture/history-oriented television serials within these communities. Thus, geocultural impact not only boosts Türkiye’s visibility and weight in the region but also helps it to be relevant in the non-Western and multiple directional vectors of the Asia-Pacific politico-economic fabric. An additional element of Türkiye’s engagement in the region is that it tries to utilize almost any type of “-lateralism.” i.e., multilateralism, minilateralism, and bilateralism. Ankara is trying to be a member of the Shanghai Cooperation Organization and has put forward its intention to join the Association of Southeast Asian Nations. It has also created MIKTA, a transregional partnership grouping, with its like-minded partners from the region. More importantly, it has been developing a whole range of bilateralisms with Asia-Pacific countries regardless of their power statuses. Another very significant element of Türkiye’s engagement with the region is its focus on Asia-Pacific communities. Various Turkish state institutions, the Turkish Cooperation and Coordination Agency (TİKA), the Presidency of Religious Affairs (Diyanet), and the Türkiye scholarships program of the Presidency for Turks Abroad and Related Communities (YTB) have been developing Türkiye’s people-to-people links through strategic and sustainable communication and promoting the country’s national brand. Although there is an obvious increase in Türkiye’s engagement with Asia-Pacific it is still early to assert its prominence in the region. However, this is not only a result of Türkiye’s current capabilities but the parameters of competition that must be navigated, with the global powers competing and cooperating in the region. Türkiye in this sense would require more cooperative patterns with like-minded powers, to increase its influence and boost its partners’ strength. Asia-Pacific is not a hassle-free region and currently Türkiye has a limited impact in this challenging ecosystem. On the other hand, developing multifaceted relations, especially with culturally and historically proximate sub-regions, will increase Türkiye’s visibility and impact. With the above-stated awareness and engagements, Türkiye’s visibility and economic significance in the Asia-Pacific will significantly increase over time. One very formidable catalyst for this would be its cultural and historical ties with Central Asia, South Asia, and Southeast Asia, which have already been transforming into commercial and political-strategic outcomes. The current edition of Insight Turkey is dedicated to the exploration of bilateral relations between Türkiye and Far Eastern countries, within the context of the Asia Anew Initiative. The winter issue features a commentary and six research articles on this subject, providing a comprehensive analysis of the topic. Moreover, the issue includes four off-topic comments and two research articles that lie outside the main theme. Among these, two articles shed light on the current Gaza genocide, ongoing since October 7. The commentary section opens with a perceptive analysis by Nuh Yılmaz on Türkiye’s foreign policy toward Asia. In his commentary, Yılmaz examines Türkiye’s general perspective on the Asian continent and discusses the basic dynamics of the initiative. According to his analysis, there has been a significant shift in the global balance of power, with Atlantic Asia emerging as a rising force in, politics, military, culture, and especially in economy. This transformation of the Asian continent prompted Türkiye to launch the Asia Anew Initiative in 2019, which presents a comprehensive and systematic vision for Asia. Yılmaz delves into Türkiye’s general perspective on the Asian continent and the key dynamics of this initiative. Furthermore, the initial research article, authored by Gürol Baba as the guest editor, centers on Türkiye’s strategies and its Asia Anew Initiative. Through his work, Baba endeavors to illustrate that within the Asian framework, Türkiye has the capability to not only be pragmatic but also achieve efficiency by implementing a diverse foreign policy approach. He argues that Türkiye’s application of multi-vectorism to its foreign policy in Asia is more successful than multilateralism or minilateralism policies. This is because there is much more than the two traditional vectors (West and non-West) due to the current intra-regional fragmentations and deviations in Asia. Baba embodied the success of bilateral relations in Asia by giving examples from some countries. Following Baba’s outline of Türkiye’s approach to its Asian policy, the second research article, penned by Mujib Alam, delves into the complex nature of Türkiye-India relations between 2000 and 2023. Alam’s analysis spans diplomatic, economic, scientific, and cultural exchanges, offering a comprehensive view of their bilateral engagements. Despite different stances on issues such as Kashmir and Cyprus, Alam points out a trend towards improvement in relations, especially economic relations and cultural exchanges, driven by the foreign policy trends of the ruling parties of the two countries. The third research article by Kohei Imai examines the bilateral relations between Türkiye and Japan, which will soon celebrate their 100th anniversary in 2024. Imai delves into the historical relationship between the two nations, which while positive, lacked a tangible cooperative partnership. He carefully considers the diplomatic challenges and public perspectives that Japan encounters, and identifies opportunities for both countries to pursue more practical collaborations moving forward. In the next research article, Alaeddin Tekin and Arshad Islam focus on Malaysia, shedding light on Türkiye’s relationship with another Southeast Asian country. In research articles based on primary sources, including Ottoman and Turkish archives as well as Bahasa Melayu and English materials, Tekin and Islam aim to investigate historical and current relations between Turks and Malays. Another research article on the subject, written by Yunhee Kim, tries to examine veteran diplomacy through the example of Türkiye and draws from the different historical examples of the Korean War. Claiming that veteran diplomacy can be used as an opportunity to expand South Korea’s soft power in the new public diplomacy era of the 21st century, Kim also argues that this diplomacy paves the way for security cooperation in the context of Türkiye-South Korea relations. Ali Akkemik, who deals with Türkiye’s relations with East Asia from the economic dimension, in the next research article, states that their economic relations have undergone a significant structural change in the last twenty years. According to Akkemik, while Japan previously dominated Türkiye’s trade with East Asia and the flow of direct foreign investment from East Asia to Türkiye, recently, both South Korea and China have surpassed Japan as Türkiye’s main trading partners in East Asia and have caught up with Japan in terms of foreign investments in Türkiye. Moreover, in this issue, we address the grave humanitarian crisis stemming from the conflict in Gaza. Specifically, two commentaries focus on the tragic events unfolding since October 7. Nkosi Zwelivelile Mandelsizwe Dalibhunga Mandela offers an analysis of South Africa’s response to Israel’s actions against the Palestinian people, focusing on their legal recourse at the International Court of Justice. He draws comparisons between Israel’s treatment of Palestinians and South Africa’s apartheid era, underscoring the deep ties of solidarity between these communities and the essential role of global unity, accountability, and concerted efforts in promoting justice and equality. Additionally, Norma Hashim provides a unique perspective by focusing on the plight of prisoners and hostages in Gaza, arguing that Palestinian prisoners are central to the narrative of the genocide initiated on October 7. She delves into their importance within the Palestinian national movement and shares the personal stories of some of these prisoners, highlighting their significance in the context of the ongoing crisis in Gaza. In other off-topic commentary, Sönmez Ateşoğlu has written a commentary as a continuation of the research article, “Economic Power and International Security,” he previously published in Insight Turkey. While Nancy Snow has provided a commentary in which she discusses the national brand of Japan, where she lived for many years. In his previously published research article, Ateşoğlu explains in detail the impact of economic power on international security and the connection between economic and military power, but claims that the security dimension is not sufficiently addressed. Therefore, in this commentary, the author aims to explain the impact of military power on international security, especially in the context of Türkiye, and how a state can achieve its security goals by using military force. On the other hand, Nancy Snow explores the evolution of Japan’s national brand, analyzing the transition from historical isolation to its current global recognition, especially under the influence of Shinzo Abe’s policies. The winter issue broadens its scope with two research articles that venture beyond the main theme. Blerim Sallahu’s contribution opens this segment with an in-depth exploration of the modalities for acquiring citizenship in Kosovo. Following this, Kemal İnat and Burhanettin Duran assess the Ukrainian war’s profound repercussions on the global order, scrutinizing the intricate position and consequential influence of Türkiye –situated uniquely as both a neighbor to Russia and an ally of the U.S.– within this complex geopolitical landscape. This latest special edition of Insight Turkey meticulously explores the evolving dynamics of Türkiye’s engagement with East Asia under the ambit of the Asia Anew Initiative. This edition is distinguished by a series of foundational articles that provide a thorough overview of the initiative, alongside in-depth analyses of Türkiye’s bilateral relationships with key Asian nations. We trust that the comprehensive discussions and diverse perspectives presented in this issue will offer our readers valuable insights and deepen their understanding of the intricate geopolitical landscape.

Download or read book Innovation and China s Global Emergence written by Erik Baark and published by National University of Singapore Press. This book was released on 2021-08-20 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pressing investigation into the global implications of China's shift to an innovation economy. As China shifts to an economy driven by innovation and productivity growth, the global implications of this transition will be significant. Amid the rise of techno-nationalism and a changing strategic calculus around the world, the manner and means of China's transition faces a high degree of scrutiny. China is attempting to balance a reliance on overseas sources of technology alongside efforts to strengthen domestic innovation capabilities as a hedge against the risks of a United States-led "decoupling." In these circumstances, it is essential to understand the many different forces of change within China, and the way China responds to outside changes. The evolution of China's innovation economy will be one of the key economic stories of the early twenty-first century, and the world will need China as a source of innovation in the decades ahead. The aim of this book is to help build a better framework for policymakers to find a new equilibrium in negotiating the terms of an oncoming shift in geopolitics.

Download or read book Asian Economic Integration Report 2017 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-10-01 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Economic Integration Report 2017 is the annual report on Asia's progress in regional cooperation and integration (RCI) of the Asian Development Bank (ADB). It covers ADB's 48 regional members and analyzes regional and global economic linkages. This year's special theme chapter, "The Era of Financial Interconnectedness: How Can Asia Strengthen Financial Resilience?" examines the region's ability to absorb financial shocks and avoid instability. The report introduces an RCI composite index to help monitor and evaluate RCI progress in the region. The Asia-Pacific Regional Cooperation and Integration Index combines six RCI components: trade and investment, money and finance, regional value chains, infrastructure connectivity, movement of people, and institutional and social integration.

Download or read book The Emerging Markets Century written by Antoine van Agtmael and published by Simon and Schuster. This book was released on 2008-09-04 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new breed of powerhouse companies from the emerging markets is catching their Western competitors off-guard. Household names of today - IBM, Ford, Wal-Mart - are in danger of becoming has-beens as these more innovative superstars rise to dominance, representing both an urgent competitive challenge and an unprecedented investment and business opportunity. Understanding how they have become world-class market leaders - and where they are going next - is crucial to an understanding of the future of globalization. Training his brilliant investor's eye on the top twenty-five of these emerging market companies, visionary international investment analyst Antoine van Agtmael takes readers into the boardroom suites and labs where they are outmanoeuvring their Western competitors. He reveals how these companies have made it to the top of the global heap, profiling major players such as China's Haier appliance manufacturer; Korea's Samsung; Brazil's Embraer jet maker; and India's Infosys. Divulging their strategies for future growth, he analyses how their rise to prominence will change our lives. His unique insights reveal both how we in the West can capitalize on the opportunities these companies represent while also mobilizing a powerful response to the challenges they present.

Download or read book The Paradox of Power written by David C. Gompert and published by Department of the Army. This book was released on 2011-12-27 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Looking deeply into the matter of strategic vulnerability, the authors address questions that this vulnerability poses: Do conditions exist for Sino-U.S. mutual deterrence in these realms? Might the two states agree on reciprocal restraint? What practical measures might build confidence in restraint? How would strategic restraint affect Sino-U.S. relations as well as security in and beyond East Asia?

Download or read book Southeast Asian Economic Outlook 2011 12 written by OECD and published by OECD Publishing. This book was released on 2012-01-18 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of the Southeast Asian Economic Outlook examines the macroeconomic situation and medium-term growth prospects for countries in the region; structural challenges; green growth strategies, policies and institutions; and environmental taxes.

Download or read book Post Pandemic Asia written by Axel Berkofsky and published by Ledizioni. This book was released on 2021-03-03 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2020, the way we define “insecurity” has drastically changed. Insecurity can now also be invisible and all around us, in the shape of a virus that disrupts people’s lives, upends the economy, subverts the core functions of national governments and jeopardises the foundations of international cooperation. At the same time, the SARS-CoV-2 pandemic has not made traditional security challenges disappear, especially in and around Asia.This Report presents short- and long-term scenarios for each of the hotspots that challenge peace and stability in Asia, a region that, after the pandemic, has become even more crucial for a swift global recovery.

Download or read book Asian Contagion written by Karl Jackson and published by Routledge. This book was released on 2018-03-05 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: For much of the second half of the twentieth century, the Asian economic "miracle" has fueled the greatest expansion of wealth for the largest population in the history of mankind. In the summer of 1997, thirty years of economic boom came crashing back to earth. The reality of unrestrained speculation, inefficiently regulated currency exchange, banking instability and bad loans have struck the much-vaunted "Asian Tigers" like Thailand, Indonesia, Korea, and, finally, Japan, casting a shadow of uncertainty on a region recently to the fore in the world economic system. Recovery depends largely on reform within the Asian economies themselves and a cold assessment of the structural weaknesses that lay under the surface, but only now have come to light. The implications for world economies and, more broadly, the dynamics of world politics, are tremendous.

Download or read book ASEAN 2030 written by ADBI and published by Brookings Institution Press. This book was released on 2016-03-08 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mix—including domestic structural reforms and bold initiatives for regional integration—ASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study’s main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.

Download or read book Asian Regionalism in the World Economy written by Masahiro Kawai and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: The structure and policy architecture of the world economy, as it emerges from the historic challenges now underway, will be affected by the dramatic rise of Asian economies and deepening connections among them. This important book examines the dramatic transformation of the Asian economy, the challenges it faces, emerging regional solutions, and how Asia can play a more constructive role in the global economy. Asia is becoming not just the world's factory, but also its leading creditor, and one of its key sources of dynamism and stability. Key questions are identified and addressed in three areas: Asia's growth and productivity, financial stability, and regional economic integration. In each of these areas, the contributing authors evaluate current trends and the forces shaping the future. They consider whether the regions progress is sustainable and what it will take to make it so. How is Asia reshaping its economy in response to the changing global landscape? More urgently, how can Asia weather the severe, global financial and economic stormoriginating from the global credit crisis? How will it extend its gains to people left behind? And how can it contribute to better governance and greater prosperity in the world economy? This book covers new ground by connecting theory, assembling detailed evidence on trends and challenges, and offering forwardlooking policy prescriptions. This timely book will appeal to Asian economic policymakers as well as postgraduate students interested in Asian economics, international economics and regional integration. Staff of international and regional organizations interested in Asian economics will also find this book invaluable.

Download or read book Monetary and Currency Policy Management in Asia written by Masahiro Kawai and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian economies strengthened their monetary and currency management after the Asian financial crisis of 19971998, and came through the global financial crisis of 20072009 relatively well. Nevertheless, the recent global crisis has presented new challenges. This book develops recommendations for monetary and currency policy in Asian economies aimed at promoting macroeconomic and financial stability in an environment of global economic shocks and volatile capital flows. Monetary and Currency Policy Management in Asia draws lessons from crises and makes concrete macroeconomic policy recommendations aimed at minimizing the impacts of an economic and financial downturn, and setting the stage for an early return to sustainable growth. The focus is on short-term measures related to the cycle. The three main areas addressed are: monetary policy measures, both conventional and unconventional, to achieve both macroeconomic and financial stability; exchange rate policy and foreign exchange reserve management, including the potential for regional cooperation to stabilize currency movements; and ways to ease the constraints on policy resulting from the so-called 'impossible trinity' of fixed exchange rates, open capital accounts and independent monetary policy. This is one of the first books since the global financial crisis to specifically and comprehensively address the implications of the crisis for monetary and currency policy in emerging market economies, especially in Asia. Presenting a broad menu of policy options for financial reform and regulation, the book will be of great interest to finance experts and policymakers in the region as well as academics and researchers of financial and Asian economics as well as economic development.

Download or read book From Asia Pacific to Indo Pacific written by Robert G. Patman and published by Springer Nature. This book was released on 2021-11-24 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together a unique team of academics and practitioners to analyse interests, institutions, and issues affecting and affected by the transition from Asia-Pacific to Indo-Pacific. The Indo-Pacific has emerged as the world’s economic and strategic centre of gravity, in which established and rising powers compete with each other. As a strategic space, the Indo-Pacific reflects the rise of geo-political and geo-economic designs and dynamics which have come to shape the region in the early twenty-first century. These new dynamics contrast with the (neo-)liberal ideas and the seemingly increasing globalisation for which the once dominant ‘Asia-Pacific’ regional label stood.