Asia Regional Integration Center

Tracking Asian Integration

The Noodle Bowl Effect: Stumbling or Building Block?

Aug 2015

A proliferation of free trade agreements between individual countries, known as the “noodle bowl effect”, has negative effects on trade. Yet, basic game theory shows that they could instead be beneficial. This paper explores an economy’s incentive for entering a free trade agreement (FTA) rather than anticipating a global trade regime.

Aid for Trade in Asia and the Pacific: Thinking Forward About Trade Costs and the Digital Economy

July 2015

Aid for Trade (AfT) flows have increased each year since 2006 in the region. And while regional aggregate trade costs continue to fall, many subregions continue to struggle with trade costs that are substantially higher than the global average.

RCI Chat July-August 2015

Aug 2015

Grab a copy of July-August 2015 issue of RCI Chat! RCI Chat tracks regional cooperation and integration news in Asia focusing on cross-border infrastructure, trade and investment, money and finance, and regional public good

Declining growth of output per worker in Asia: so what and what now?

Jul 2015

Since the early 2000s, labor productivity growth, or the growth of output per worker (measured by GDP divided by employment), has been declining in most economies in Asia. Reducing the number of poor people typically requires a satisfactory rate of growth of the economic pie and has to be accompanied by rising incomes. So falling productivity may also jeopardize the efforts of governments to reduce poverty.

Calendar

04 Sep 2015

  • MAL  Exports
  • MAL  Imports
  • MAL  Trade Balance
  • FRA  Consumer Confidence
  • US  Unemployment
  • EA  Monetary Policy

06 Sep 2015

  • IND  Current Account

    07 Sep 2015

    • JPN  GDP
    • GER  IPI
    • JPN  Current Account
    • JPN  Leading Index
    • KAZ  IPI
    • PRC  Exports
    • PRC  Imports
    • PRC  Trade Balance
    • TAP  CPI
    • TAP  Exports
    • TAP  Imports
    • TAP  Trade Balance
    • TAP  WPI

    08 Sep 2015

    • EA  GDP
    • FRA  Exports
    • FRA  Imports
    • FRA  Trade Balance
    • GER  Current Account
    • GER  Exports
    • GER  Imports
    • GER  Trade Balance
    • PHI  Unemployment
    • KOR  Unemployment
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    Daily Market Watch

    Currency Per US$      Latest Closing1  %Chg2
    Euro 0.90 -0.93
    Japanese yen 120.07 0.22
    Bangladeshi taka 77.80 0.00
    • 1 3 Sep 2015
    • 2 From previous close
    • Depreciation(-) Appreciation (+)
    • Source: Datastream
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    Stock Indices      Latest Closing1  %Chg2
    US Dow Jones Ind Avg 16,374.76 0.14
    US Nasdaq 4,733.50 -0.35
    US S&P 500 1,951.13 0.12
    • 1 3 Sep 2015
    • 2 From previous close
    • Source: Datastream
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    Commodity Prices      Latest Closing1  %Chg2
    All Metals 190.79 0.00
    Aluminum 1,609.75 -1.95
    Brent Oil 49.97 0.54
    • 1 3 Sep 2015
    • 2 From previous close
    • Source: Datastream
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    Overnight
    Interbank rates
    +   
      Latest Closing1  %Chg2
    PRC 2.03 0.00
    Hong Kong, China 0.25 0.00
    India 7.15 -0.05
    • +Except for Hong Kong (1-Month HIBOR);
      Sri Lanka (1-Day SLIBOR)
    • 1 3 Sep 2015
    • 2 From previous close
    • Source: Datastream
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