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  • The resurgence of bilateralism and Asia’s evolving FTA landscape
    15
    Feb
    2017

    The resurgence of bilateralism and Asia’s evolving FTA landscape

    Dorothea Ramizo

    Against the backdrop of rising bilateralism in the West, where does Asia stand? Is the region moving towards the same direction or is it charting its own unique course? Understanding the evolution of Asia’s FTA landscape holds the key to these questions.

  • What type of protectionism should we fear?
    30
    Jan
    2017

    What type of protectionism should we fear?

    Jong Woo Kang

    US President Donald Trump recently signed executive orders to withdraw the US from the Trans-Pacific Partnership (TPP) and renegotiate the North American Free Trade Agreement (NAFTA). Both moves suggest his pre-election rhetoric of criticizing the current international trade regime is being translated into concrete action.

  • What did we learn from the US election on globalization, trade?
    14
    Nov
    2016

    What did we learn from the US election on globalization, trade?

    Jong Woo Kang

    The outcome of the US presidential election on 9 November was historic in that it provides a yardstick against which to assess where popular sentiment is heading on important issues such as globalization, inequality, and international trade.

  • Rising tides of protectionism will cause more harm than good
    25
    May
    2016

    Rising tides of protectionism will cause more harm than good

    Jong Woo Kang1, Mitzirose Legal2

    It has yet to be probed whether the global economic slowdown has led to the rise of protectionist trade policies, or it’s the other way around. Either way, the fact that protectionism is growing around the world should concern economists and practitioners alike.

  • Structural reforms to sustain Asia’s growth
    2
    May
    2016

    Structural reforms to sustain Asia’s growth

    Juzhong Zhuang and Ganeshan Wignaraja

    The key to boosting the region’s potential growth is to continue structural reforms. These are policy actions that eliminate impediments to efficient resource allocation, reduce technical and managerial inefficiency, enhance an economy’s ability to respond to shocks, and lay the foundations for greater private investment and innovation.

  • Developing countries should not worry yet about Wall Street bashing
    28
    Mar
    2016

    Developing countries should not worry yet about Wall Street bashing

    Jong Woo Kang

    Wall Street bashing is always in vogue during election time, as we are observing in the run-up to the US presidential election. Is this because financiers and bankers deserve punishment for their greedy and reckless behavior that adds no value to the economy? Or are they simply political footballs?

  • Time to go back to the basics to benefit more from trade
    2
    Mar
    2016

    Time to go back to the basics to benefit more from trade

    Jong Woo Kang

    So what drives this new trend? ADB’s recent Asian Economic Integration Report 2015 highlights cyclical factors such as weak global demand, as well as potential structural factors like slower expansion of global value chains, and growth moderation and structural transformation in the People’s Republic of China (PRC).

  • Will Kaesong shutdown mark the end of a unique SEZ experiment?
    23
    Feb
    2016

    Will Kaesong shutdown mark the end of a unique SEZ experiment?

    Jong Woo Kang

    The decision of the Republic of Korea to shut down the Kaesong Industrial Complex on 10 February in the wake of North Korea’s nuclear test and subsequent long-range missile test rattled the Republic of Korea’s stock market.

  • Asia’s Free Trade Agreements continue to make progress
    9
    Sep
    2015

    Asia’s Free Trade Agreements continue to make progress

    Dorothea Ramizo

    FTAs appear to be the shape of things to come for Asia given the slow progress of the World Trade Organization (WTO) Doha Round in delivering a global trade deal.

  • Declining growth of output per worker in Asia: so what and what now?
    23
    Jul
    2015

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

    Ben Endriga

    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. This means that economic growth in these economies may also fall, along with the growth of workers’ incomes and standards of living.

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