1st Edition

Evolving Finance, Trade and Investment in Asia

Edited By Tomoo Kikuchi Copyright 2018
162 Pages
by Routledge

162 Pages
by Routledge

162 Pages
by Routledge

The year 2015 witnessed significant events in the area of finance, trade and investment, which brought Asia to the centre of the world stage. The Trans-Pacific Partnership reached its basic agreement among the 12 member countries in October; the Chinese Yuan was included into the Special Drawing Rights basket of currencies at the International Monetary Fund in November; the ASEAN Economic... Read more

Introduction: Evolving Finance, Trade and Investment in Asia Tomoo Kikuchi

1. The Role of China, Japan, and Korea in Machinery Production Networks Ayako Obashi and Fukunari Kimura

2. Global Value Chains and China’s Exports to High-income Countries Yuqing Xing

3. Rethinking the Exchange Rate Impact on Trade in a World with Global Value Chains Kevin C. Cheng, Gee Hee Hong, Dulani Seneviratne and Rachel van Elkan

4. Exchange Rates and Production Networks in Asia: A Twenty-first Century Perspective Willem Thorbecke

5. Mega-FTAs and the WTO: Competing or Complementary? Shujiro Urata

6. Heterogeneous Patterns of Financial Development: Implications for Asian Financial Integration Linh Bun and Nirvikar Singh

7. Regional Financial Integration in East Asia against the Backdrop of Recent European Experiences Ulrich Volz

8. Does Inflation Targeting in Asia Reduce Exchange Rate Volatility? Alice Y. Ouyang and Ramkishen S. Rajan

Biography

Tomoo Kikuchi is a Senior Research Fellow at Centre on Asia and Globalisation, Lee Kuan Yew School of Public Policy, National University of Singapore, and a Guest Research Fellow at the Keio Global Research Institute at Keio University, Tokyo, Japan.