The authors recount East Asia's experience with foreign direct investment (FDI). They document that, contrary to the Rybczynski theorem, capital flows in the region cause the host country's labor-inte...
On 04 Jul 2011 This paper considers how exchange rates affect East Asian trade. The evidence indicates that exports produced within regional production networks depend on exchange rates throughout the region while l...
On 01 Jul 2011 This paper traces the effects of the “East Asian Miracle,” the 1997–1998 Asian Crisis, the recovery, and the 2008–2009 global financial crisis on ASEAN countries. It also considers how ASEAN countries...
On 28 Sep 2010 Enormous trade surpluses are problematic for the People’s Republic of China (PRC) and the
rest of the world. They primarily stem from processing trade. This paper investigates how
exchange rate ch...
On 30 Jun 2010 |