The Effect of Exchange Rate Volatility on International Trade: The Implication for Production Networks in East Asia

This paper is an empirical investigation of the relationship between exchange rate volatility and international trade, focusing on East Asia. It finds that intra-East Asian trade is discouraged by exchange rate volatility more seriously than trade in other regions because intermediate goods trade in production networks, which is quite sensitive to exchange rate volatility compared with other types of trade, occupies a significant fraction of trade. In addition, this negative effect of volatility is mainly induced by the unanticipated volatility and has an even greater impact than that of tariffs.

Descriptive analysis of the knowledge network formation in East Asia

This paper shows descriptively how the knowledge network in East Asia has been formed. In addition, the correlation between the knowledge network and economic growth is also examined. Evidence is provided to show that plugging into the knowledge network of developed countries could be a key for increasing innovativeness in a country.

Central Asia, 1908 (Raster Image)

This layer is a georeferenced raster image of the historic paper map entitled: Eastern Turkistan, specially prepared for the Foreign Department, from India ; published under direction of Colonel F. B. Longe, R. E., Surveyor General of India. It was published by Survey of India in Feb. 1908. Scale [1:2,027,520]. Covers a portion of Central Asia including Xinjiang Uygur Zizhiqu (also known as Chinese Turkestan) and portions of Afghanistan, India, Kyrgyzstan, Pakistan, and Tajikistan. The image inside the map neatline is georeferenced to the surface of the earth and fit to the a modified 'Asia Lambert Conformal Conic' projection with a central meridian of 84 degrees East projection. All map collar and inset information is also available as part of the raster image, including any inset maps, profiles, statistical tables, directories, text, illustrations, index maps, legends, or other information associated with the principal map. This map shows features such as drainage, cities and other human settlements, railroads, territorial boundaries, shoreline features, and more. Relief shown by spot heights. This layer is part of a selection of digitally scanned and georeferenced historic maps from the Harvard Map Collection as part of the Open Collections Program at Harvard University project: Islamic Heritage Project. Maps selected for the project represent a range of regions, originators, ground condition dates, scales, and purposes. The Islamic Heritage Project consists of over 100,000 digitized pages from Harvard's collections of Islamic manuscripts and published materials. Supported by Prince Alwaleed Bin Talal and developed in association with the Prince Alwaleed Bin Talal Islamic Studies Program at Harvard University.

Jihad vs The New Great Game: Paradoxes of militant Islamic threats in Central Asia. OSW Point of View (Policy Brief), January 2010

Threats linked to Islamic fundamentalism have been hanging over Central Asia for almost two decades. Many believe that militant Islam has played a significant part in each major political crisis in the region, and Central Asia is perceived as an almost perfect environment for its further development. Such a picture of this region is a result of serious abuses and manipulations. The real threat posed by militant Islam seems to be rather limited, and its roots lie outside Central Asia. This region is unlikely to become a key front of global jihad. Nevertheless, this does not guarantee peace and safety in Central Asia, as the Islamic threat remains an element of the geopolitical rivalry in the region – the ‘New Great Game’.

Xi's Real Test: Delivering on Reform and Maintaining Stability in 2014. Asia Policy Brief 2014/02, February 2014

Emerging signs of economic difficulties have greatly compounded the tasks facing new Chinese leader Xi Jinping in the year of horse. After his government rolled out a surprisingly ambitious blueprint for systemic economic reform in November last year, Xi, the general secretary of the Chinese Communist Party (CCP), now finds his agenda complicated by the urgent need to stabilize the overleveraged financial sector while taking the first steps to implement enough of his promised reforms to gain credibility.

The Electoral Verdict and After: The Road Ahead for India. Asia Policy Brief 2014/04, June 2014

The convincing victory of the BJP in the 2014 Indian general elections came as a surprise to many. Most opinion polls, which had predicted a win for the Bharatiya Janata Party (BJP) and the National Democratic Alliance (NDA) that it leads, had not anticipated the scale of the party’s victory. The BJP alone won 282 seats and the NDA 336 out of 543 seats in the Lok Sabha, the lower house of Parliament. Two things stand out in the verdict. This is the first time in 30 years that a party won a majority on its own; this is also the worst-ever showing by India’s grand old party, the Indian National Congress, which won a mere 44 seats, 70 less than its previous all-time low in 1999.

Asian Middle Classes - Drivers of Political Change? Asia Policy Brief 2014/06, November 2014

Asia watchers have been kept exceptionally busy by recent political developments in the region. An unprecedented landslide victory in India’s general elections, pro-democracy protests in Hong Kong, close elections in Indonesia, a coup in Thailand – the list goes on. As unrelated as these events appear, analysts may find a missing link among a social group that is currently exploding in numbers: Asia’s middle classes. Often discussed simply in terms of its economic potential, Asia’s middle-income population is also flexing its political muscle. A closer look at its influence throughout the region in recent months seems to confirm for the field of politics what economists have known for some time: The rise of the Asian middle classes constitutes one of the most fundamental transformations of our time. The consequences remain to be seen.

U.S. policy for the East Asia regional economic development program--what should it be? Department of State, Agency for International Development : report to the Congress /

Publication date stamped on cover.

Scientific results of a journey in Central Asia 1899-1902.

Edited by E. W. Dahlgren and Axel Lagrelius.

General trends of Chinese linguistic changes under communist rule.

Mode of access: Internet.

How does ownership structure affect capital structure and firm value?:Recent evidence from East Asia

The present paper examines the effects of ownership structures on capital structure and firm valuation. It argues that the effects of separation of control from cash flow rights on capital structure and firm value also depend on the separation of control from management as well as on legal rules and enforcement defining investors' protection. We obtain firm-level panel data (three stage least squares, 3SLS) estimates from four of the East Asian countries worst affected by the last crisis. There is evidence that the general wisdom that higher control than cash flow rights may lower firm value may be reversed among owner-managed family firms in the sample countries. © 2007 The Authors Journal compilation © 2007 The European Bank for Reconstruction and Development.