Regional Economic Cooperation in Asia: A Feasibility Study

Autor:	Atri Mukherjee, Rajeev Jain, Rajiv Ranjan
Rok vydání:	2009
Předmět:	Marketing business.industry Convergence (economics) International trade Monetary integration Economic cooperation Business cycle East Asia Business and International Management business Emerging markets China General Economics Econometrics and Finance Pace
Zdroj:	Foreign Trade Review. 44:3-25
ISSN:	0971-7625 0015-7325
DOI:	10.1177/0015732515090101
Popis:	The process of regional economic cooperation among emerging Asian economies has gathered pace especially after the East Asian crisis. Although efforts at various levels are underway, it is important to know whether economies of the region behave synchronically. Thus, the paper attempts to examine business cycle convergence among the select emerging economies of the Asian region. It is found that the biggest economies of the emerging Asian region, viz. China and India are one of the least synchronized economies. Empirical analysis also indicates that export baskets are less similar than the import basket of the emerging Asian economies. These have implications for current efforts being pursued in the direction of monetary integration in the region.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::b18251cdeb2b835c83ca0b7bd01228da https://doi.org/10.1177/0015732515090101 Zobrazit plný text záznamu