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1.
Fragmentation‐based specialisation has become an integral part of the economic landscape of East Asia. Dependence on this new form of international specialisation is proportionately larger in East Asia, in particular in the Association of Southeast Asian Nations, than in North America and Europe. In this regard, an important recent development has been the rapid integration of China into regional production networks. This development is a counterpoint to the popular belief that China's global integration would crowd out other countries' opportunities for international specialisation. The rise of product fragmentation has strengthened the case for a global, rather than a regional, approach to trade and investment policymaking. Given the global orientation of the region's economies, we question whether there would be a significant benefit from current efforts to promote regional cooperation, unless the principle of ‘open regionalism’ is recognised. With both the Doha Round and APEC floundering, this is one of the major multilateral policy challenges of our time.  相似文献   

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The history of Burma, like that of many Southeast Asian countries, can be viewed in terms of the interaction between coastal regions and kingdoms, on the one hand, and more densely populated inland agrarian states on the other. In the case of Burma this division also largely coincides with ethnic differences between the Mon and the Arakanese in the former category and the Burmans and the Shans in the latter. External influences have typically been transmitted through overseas contact, with India and Ceylon as in the case of the pervasive cultural force of Buddhism, and later with the impact of firearms introduced by the Portuguese during the 16th century, that formed the background to the protracted conflicts between the Burmese Toungoo, Ava and Konbaung kingdoms and the Thai kingdom of Ayuthia. The beginning of the 19th century saw the start of the three wars between the Konbaung Dynasty and India‐based British imperialism in which the major role was played by disputes over trade and the Bengal‐Arakan frontier. British rule in Lower Burma after 1826 and 1854 transformed the economic system of the country even before the complete occupation after 1885 by integrating it with the expanding world economy through rice and teak exports. Between 1885 and the Japanese invasion of 1942 the impact of international trade, foreign direct investment and immigration was the major force of both expansion and contraction of the economic system, as well as of social and political change and instability, eventually culminating after 1945 in the achievement of independence. The economic policy of independent Burma, during both the civilian and subsequent military regimes, was largely shaped by the fraught legacy of overseas contact in Burmese history as noted above. The recent change of the capital from the commercial port of Rangoon to the new inland ‘city’ of Naypyidaw is thus of more than merely symbolic significance since it may reflect a desire to return to the apparently safe isolation of the interior ‘heartland’ over the vicissitudes of international trade and overseas contacts. But is that a wise choice in the increasingly globalized world of the 21st century?  相似文献   

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This article aims to analyse the effects of plague on the long‐term development of Italian cities, with particular attention to the 1629–30 epidemic. By using a new dataset on plague mortality rates in 56 cities covering the period c. 1575–1700, an economic geography model verifying the existence of multiple equilibria is estimated. It is found that cities severely affected by the 1629–30 plague were displaced to a lower growth path. It is also found that plague caused long‐lasting damage to the size of Italian urban populations and to urbanization rates. These findings support the hypothesis that seventeenth‐century plagues played a fundamental role in triggering the process of relative decline of the Italian economies.  相似文献   

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The paper examines the contribution made by the establishment and operation of a local stock exchange to the economic development of Southeast Asian (SEA) countries. The paper informs investors and policymakers about the current status of SEA stock market development and the associated positive and negative effects of such initiatives. Policymakers have placed a clear focus on SEA stock markets as a primary driver of regional economic growth. However, it is questionable whether SEA is ready for such an ambitious economic initiative, particularly given the reported negative effects of lesser developed stock markets. Despite these negative implications, the benefits appear to outweigh the costs for SEA stock markets. It is perceived that SEA stock markets will drive further economic reform, financial liberalisation, and market integration, promising tremendous benefits for both the region and the international investment community. The paper concludes with questions regarding the efficiency of stock markets in SEA and offers recommendations for further empirical research.  相似文献   

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Using new statistics, this article analyses financial development in Southeast Asia over the seven decades 1870–1939. The region experienced substantial, and in some instances rapid, vent-for-surplus economic growth based on a narrow range of primary commodities. But in 1939 all Southeast Asian countries still had relatively undeveloped financial infrastructures dominated by metropolitan interests, considerably reliant on informal finance, and geared towards primary commodity exports. The article suggests that a lack of opportunities and a variety of country-specific considerations were more important explanations than weak financial development for an absence of greater industrialization and agricultural modernization in Southeast Asia.  相似文献   

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This article presents value added estimates for the Italian regions, in benchmark years 1891–1951, which are linked to those from official figures available from 1971 on, in order to offer a long‐term picture of Italy's regional development. Regional activity rates and productivity are also discussed and compared. Some basic questions about Italy's economic history are briefly considered, including the origins and extent of the north–south divide, the role of migration and regional policy in shaping the pattern of regional inequality, and the positioning of Italy in the international debate on regional convergence, where it stands out because of the long‐run persistence of its disparities.  相似文献   

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6月10日,为期5天的第17届昆交会成功闭幕。本届昆交会外经贸业务成交总额20.71亿美元,其中,进出口成交10.8亿美元;利用外资签约9.2亿美元;对  相似文献   

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李恂 《中国经贸》2009,(13):85-85
6月10日,为期5天的第17届昆交会成功闭幕。本届昆交会外经贸业务成交总额20.71亿美元,其中,进出口成交10.8亿美元:利用外资签约9.2亿美元:对外经济技术合作合同金额0.71亿美元。本届昆交会主要有以下几个特点。昆交会与南亚展同期举办,其区域地位进一步凸显。今年与昆交会同时举办的还有第二届南亚国家商品展。由中国商务部、云南省政府和阿富汗商工部、巴基一斯坦商务部、马尔代夫商工部、孟一加拉国商务部、  相似文献   

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Conclusion In this note we considered the relationship between trade integration and the cross-country correlation of business cycle activity in southeast Asia. We found a positive and significant relationship between the degree of bilateral trade intensity and the cross-country bilateral correlation of business activity over the period 1986–1996, a period when trade integration was proceeding rapidly. Thus, the Frankel and Rose (1997) finding that more trade integration between industrialized countries tends to result in more highly synchronized business cycles, appears to be robust to a sample of countries which have diverse income levels and economic structures and are likely to have less bilateral intraindustry trade.  相似文献   

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This paper places today's spectacular boom in foreign investment throughout Southeast Asia in its appropriate historical perspective. It contrasts the most authoritative statistical evidence pertaining to the late 1930s and the late 1980s and identifies features of change and continuity between the late-colonial period and today. It is observed that nationalities of investors and targets of foreign investment have changed dramatically whereas the hierarchy of recipients, the investment climate and the function of foreign investment in the host country economy all display a certain continuity. The salient question is whether the impact of contemporary foreign investment on economic growth in the host country will be more lasting than was the case in colonial days.  相似文献   

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This article analyses demographic change in Southeast Asia's main cities during and soon after the Second World War Japanese occupation. We argue that two main patterns of population movements are evident. In food‐deficit areas, a search for food security typically led to large net inflows to main urban centres. By contrast, an urban exodus dominated in food surplus regions because the chief risk was to personal safety, especially from Japanese and Allied bombing. Black markets were ubiquitous, and essential to sustaining livelihoods in cities with food‐deficit hinterlands. In Rangoon and Manila, wartime population fluctuations were enormous. Famines in Java and northern Indochina severely impacted Jakarta and Hanoi through inflows of people from rural areas. In most countries, the war's aftermath of refugees, revolution, and political disruption generated major rural–urban population relocations. Turmoil in the 1940s had the permanent consequences of augmenting the primacy of Southeast Asia's main cities and promoting squatter settlement.  相似文献   

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In recent years, India has concluded several bilateral and regional agreements with countries in East and Southeast Asia. This paper discusses four motivating factors underlying these initiatives: (i) the recognition by other Asian countries of India's growing importance as an investment and export market, as a supplier of manpower, and as a counterbalance to China's growing regional dominance; (ii) India's recognition of Asia's growing importance in the world economy; (iii) India's desire to prevent its marginalisation and to create a sphere of political and economic influence within East and Southeast Asia; and (iv) geo-political considerations such as securing energy interests, and addressing transport and connectivity concerns and long-term political and sub-regional stability objectives. India's approach to these integration efforts has been largely defensive and its future integration initiatives are likely to be more geo-political and strategic in nature.  相似文献   

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