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EU integration and its implications for Asian economies: What we know and what not

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dc.creator Langhammer, Rolf J.
dc.creator Schweickert, Rainer
dc.date 2006
dc.date.accessioned 2013-10-16T06:18:17Z
dc.date.available 2013-10-16T06:18:17Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/3770
dc.identifier ppn:50663017X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3770
dc.description In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be significant especially for countries like the old EU members which are already highly integrated in terms of trade and factor mobility. The potential discrimination effect against trade with third countries tends to increase with new member states entering EMU and could also affect Asian economies? exports to Europe. At the same time, so-called overlap or similarity indices for trade patterns show an increasing similarity between EU, US, and Japanese exports to Asia on the one hand and Asian and European exports to industrialized countries on the other hand. These observations are consistent with recent policy responses, i.e., the focus of European contingent protection on Asian competitors, the desire of Asian countries to negotiate free trade agreements (FTA) with the US and Japan, and the EU?s response by probably entering into FTA negotiations with Asian countries, including ASEAN.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1264
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F13
dc.subject F31
dc.subject F15
dc.subject O52
dc.subject O53
dc.subject ddc:330
dc.subject Trade
dc.subject Monetary Integration
dc.subject Protection
dc.subject FTA
dc.subject Overlap Index
dc.subject Europe
dc.subject Asia
dc.subject Europäische Integration
dc.subject Europäische Wirtschafts- und Währungsunion
dc.subject Außenhandelseffekt
dc.subject Internationale Wirtschaftsbeziehungen
dc.subject Protektionismus
dc.subject Freihandelszone
dc.subject EU-Staaten
dc.subject Asien
dc.title EU integration and its implications for Asian economies: What we know and what not
dc.type doc-type:workingPaper

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