Pub Date : 2007-02-01DOI: 10.1355/9789812306555-012
T. Le
The fact that the Republic of Korea (ROK) and the Associate of Southeast Asian Nations (ASEAN) officially became Dialogue Partners at the Twenty-fourth ASEAN Ministerial Meeting (AMM) in Kuala Lumpur in July 1991 did not surprise regional commentators. It had been widely known that no effort was spared to gear this bilateral relationship onto higher planes. Many researchers, including Kwon Yul, state that this relationship has witnessed consistent growth over the past four decades. It should also be noted that this success "largely derives from the complementarities between both sides." There are undoubtedly common interests and potentials for further development between Korea and ASEAN. More importantly, Korea-ASEAN co-operation has led to the adoption of an inclusive approach, which attaches importance to the development of the new members of ASEAN, namely Cambodia, Laos, Myanmar and Vietnam (CLMV for short). This chapter argues that such an approach is not only beneficial to the new members of ASEAN, the other ASEAN members, and Korea, but also East Asia as a whole.
{"title":"ASEAN-Korea Co-Operation in the Development of New ASEAN Members","authors":"T. Le","doi":"10.1355/9789812306555-012","DOIUrl":"https://doi.org/10.1355/9789812306555-012","url":null,"abstract":"The fact that the Republic of Korea (ROK) and the Associate of Southeast Asian Nations (ASEAN) officially became Dialogue Partners at the Twenty-fourth ASEAN Ministerial Meeting (AMM) in Kuala Lumpur in July 1991 did not surprise regional commentators. It had been widely known that no effort was spared to gear this bilateral relationship onto higher planes. Many researchers, including Kwon Yul, state that this relationship has witnessed consistent growth over the past four decades. It should also be noted that this success \"largely derives from the complementarities between both sides.\" There are undoubtedly common interests and potentials for further development between Korea and ASEAN. More importantly, Korea-ASEAN co-operation has led to the adoption of an inclusive approach, which attaches importance to the development of the new members of ASEAN, namely Cambodia, Laos, Myanmar and Vietnam (CLMV for short). This chapter argues that such an approach is not only beneficial to the new members of ASEAN, the other ASEAN members, and Korea, but also East Asia as a whole.","PeriodicalId":341166,"journal":{"name":"PSN: Trade Relationships (Topic)","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123617934","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this paper is to investigate the impact of exchange rate volatility on exports among 14 Asia Pacific countries, where various measures to raise the intra-region trade are being implemented. Specifically, this paper estimates a gravity model, in which the dependent variable is the product of the exports of two trading countries. In addition, it also estimates a unilateral exports model, in which the dependent variable is not the product of the exports of two trading countries but the exports from one country to another. By doing this, the depreciation rate of the exporting country's currency value can be included as one of the explanatory variables affecting the volume of exports. As the explanatory variables of the export volume, the gravity model adopts the product of the GDPs of two trading counties, their bilateral exchange rate volatility, their distance, a time trend and dummies for the share of the border line, the use of the same language, and the APEC membership. In the case of the unilateral exports model, the product of the GDPs is replaced by the GDP of the importing country, and the depreciation rate of the exporting country's currency value is dded. In addition, considering that the export volume will also depend on various onditions of the exporting country, dummies for exporting countries are also included as an explanatory variable. The empirical tests, using annual data for the period from 1980 to 2002, detect a significant negative impact of exchange rate volatility on the volume of exports. In addition, various tests using the data for sub-sample periods indicate that the negative impact had been weakened since 1989, when APEC had launched, and surged again from 1997, when the Asian financial crisis broke out. This finding implies that the impact of exchange rate volatility is time-dependent and that it is significantlynegative at least in the present time. This phenomenon is noticed regardless which estimation model is adopted. In addition, the test results show that the GDP of the importing country, the depreciation of the exporting country's currency value, the use of the same language and the membership of APEC have positive impacts on exports, while the distance between trading countries have negative impacts. Finally, it turns out that the negative impact of exchange rate volatility is much weaker among OECD countries than among non-OECD counties.
{"title":"Exchange Rate Volatility and Trade Among the Asia Pacific Countries","authors":"Saangjoon Baak","doi":"10.2139/ssrn.3079180","DOIUrl":"https://doi.org/10.2139/ssrn.3079180","url":null,"abstract":"The purpose of this paper is to investigate the impact of exchange rate volatility on exports among 14 Asia Pacific countries, where various measures to raise the intra-region trade are being implemented. Specifically, this paper estimates a gravity model, in which the dependent variable is the product of the exports of two trading countries. In addition, it also estimates a unilateral exports model, in which the dependent variable is not the product of the exports of two trading countries but the exports from one country to another. By doing this, the depreciation rate of the exporting country's currency value can be included as one of the explanatory variables affecting the volume of exports. As the explanatory variables of the export volume, the gravity model adopts the product of the GDPs of two trading counties, their bilateral exchange rate volatility, their distance, a time trend and dummies for the share of the border line, the use of the same language, and the APEC membership. In the case of the unilateral exports model, the product of the GDPs is replaced by the GDP of the importing country, and the depreciation rate of the exporting country's currency value is dded. In addition, considering that the export volume will also depend on various onditions of the exporting country, dummies for exporting countries are also included as an explanatory variable. The empirical tests, using annual data for the period from 1980 to 2002, detect a significant negative impact of exchange rate volatility on the volume of exports. In addition, various tests using the data for sub-sample periods indicate that the negative impact had been weakened since 1989, when APEC had launched, and surged again from 1997, when the Asian financial crisis broke out. This finding implies that the impact of exchange rate volatility is time-dependent and that it is significantlynegative at least in the present time. This phenomenon is noticed regardless which estimation model is adopted. In addition, the test results show that the GDP of the importing country, the depreciation of the exporting country's currency value, the use of the same language and the membership of APEC have positive impacts on exports, while the distance between trading countries have negative impacts. Finally, it turns out that the negative impact of exchange rate volatility is much weaker among OECD countries than among non-OECD counties.","PeriodicalId":341166,"journal":{"name":"PSN: Trade Relationships (Topic)","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115049658","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The unofficial two-way contraband trade between Sri Lanka and India overshadows the official trade and capital transfers between the two countries. Quantitative estimates of this unofficial trade and transfer of capital are, however, hard to come by. This article attempts to make some estimates of contraband trade and unofficial capital transfers and proposes some solutions to the problem that this poses to the economies of the two countries.
{"title":"Contraband Trade and Unofficial Capital Transfers between Sri Lanka and India","authors":"M. Sarvananthan","doi":"10.2139/SSRN.2653350","DOIUrl":"https://doi.org/10.2139/SSRN.2653350","url":null,"abstract":"The unofficial two-way contraband trade between Sri Lanka and India overshadows the official trade and capital transfers between the two countries. Quantitative estimates of this unofficial trade and transfer of capital are, however, hard to come by. This article attempts to make some estimates of contraband trade and unofficial capital transfers and proposes some solutions to the problem that this poses to the economies of the two countries.","PeriodicalId":341166,"journal":{"name":"PSN: Trade Relationships (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1994-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129058675","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper analyzes the effect of uncertainty on output and export of a price-discriminating firm which sells its produce both in domestic and world markets. It is shown that under some conditions exports increase when uncertainty is introduced. In the presence of forward markets a "separation theorem" holds and total output increases to the competitive firm level, while exports are larger than those of the competitive firm. Copyright 1987 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
{"title":"Discriminating Monopoly, Forward Markets and International Trade","authors":"Rafael Eldor, I. Zilcha","doi":"10.2307/2526737","DOIUrl":"https://doi.org/10.2307/2526737","url":null,"abstract":"This paper analyzes the effect of uncertainty on output and export of a price-discriminating firm which sells its produce both in domestic and world markets. It is shown that under some conditions exports increase when uncertainty is introduced. In the presence of forward markets a \"separation theorem\" holds and total output increases to the competitive firm level, while exports are larger than those of the competitive firm. Copyright 1987 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.","PeriodicalId":341166,"journal":{"name":"PSN: Trade Relationships (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1987-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115712054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Portuguese Abstract: O primeiro objetivo deste artigo é efetuar uma revisão sobre a literatura teórica mais relevante em matéria de diplomacia económica. Em seguida, o estudo sobre a literatura especializada no assunto será completado com uma abordagem específica ao caso português. Para o efeito, a análise será dividida em duas partes. Na primeira (Parte I), vai procurar avaliar-se em que medida a atividade diplomática se transformou nas últimas décadas. Não se restringirá a análise a uma lógica estatocêntrica. Esta incidirá também no papel dos atores não estaduais, especialmente as empresas multinacionais. Na segunda (Parte II), a abordagem prosseguirá com um estudo específico sobre o caso português. O principal objetivo será avaliar em que medida as tendências detetadas na literatura teórica e na prática diplomática de outros Estados, se refletem, também, nas dinâmicas de organização da atual diplomacia estadual portuguesa.
English Abstract: The first objective of this paper is to provide an overview of the most relevant theoretical literature on economic diplomacy. The study will be completed with a specific approach to the Portuguese case. For this purpose, the analysis is divided into two parts. The first (Part I) will seek to assess the extent to which diplomatic activity was transformed in recent decades. The approach is not restricted to a state-centered view. It will also address the role of non-state actors, especially multinational companies in economic diplomacy. In the second part (Part II), the paper will continue with a specific study on the Portuguese case. The main objective is to find in what extent the trends detected in the theoretical literature, and the diplomatic practice of other states, are also reflected in the current organization of the Portuguese state diplomacy.
{"title":"A diplomacia económica mum mundo multicêntrico: notas sobre o caso português (Parte II) (Economic Diplomacy in a Multicentric World: Notes on the Portuguese Case - Part II)","authors":"José Pedro Teixeira Fernandes","doi":"10.2139/ssrn.3382742","DOIUrl":"https://doi.org/10.2139/ssrn.3382742","url":null,"abstract":"<b>Portuguese Abstract:</b> O primeiro objetivo deste artigo é efetuar uma revisão sobre a literatura teórica mais relevante em matéria de diplomacia económica. Em seguida, o estudo sobre a literatura especializada no assunto será completado com uma abordagem específica ao caso português. Para o efeito, a análise será dividida em duas partes. Na primeira (Parte I), vai procurar avaliar-se em que medida a atividade diplomática se transformou nas últimas décadas. Não se restringirá a análise a uma lógica estatocêntrica. Esta incidirá também no papel dos atores não estaduais, especialmente as empresas multinacionais. Na segunda (Parte II), a abordagem prosseguirá com um estudo específico sobre o caso português. O principal objetivo será avaliar em que medida as tendências detetadas na literatura teórica e na prática diplomática de outros Estados, se refletem, também, nas dinâmicas de organização da atual diplomacia estadual portuguesa.<br><br><b>English Abstract:</b> The first objective of this paper is to provide an overview of the most relevant theoretical literature on economic diplomacy. The study will be completed with a specific approach to the Portuguese case. For this purpose, the analysis is divided into two parts. The first (Part I) will seek to assess the extent to which diplomatic activity was transformed in recent decades. The approach is not restricted to a state-centered view. It will also address the role of non-state actors, especially multinational companies in economic diplomacy. In the second part (Part II), the paper will continue with a specific study on the Portuguese case. The main objective is to find in what extent the trends detected in the theoretical literature, and the diplomatic practice of other states, are also reflected in the current organization of the Portuguese state diplomacy.","PeriodicalId":341166,"journal":{"name":"PSN: Trade Relationships (Topic)","volume":"143 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132247043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：