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Working Paper
The new regionalism and Asia: impact and options
New regional initiatives abound, both outside Asia and within. Free Trade Areas in the West - notably NAFTA, its possible enlargement into an FTA of the Americas, and the European Union - have implications for Asia. Asian manufacturers will experience trade diversion, especially in textiles and apparel. Balancing such losses is the likelihood of gains from higher import demand caused by stronger economic growth in the Americas and Europe. ; New estimates of the gravity model of bilateral trade confirm the presence of implicit or de facto trade blocs in Asia and the Pacific, as in Europe ...
Journal Article
A Pacific economic bloc: is there such an animal?
Working Paper
Monetary regime choices for a semi-open country
Working Paper
The cost of capital in Japan: a survey
Working Paper
Financial links around the Pacific Rim, 1982-1992
Conference Paper
Financial links around the Pacific Rim, 1982-1992