Uncertainty
remains as regional ties form
Lim Hua Sing, Professor, Waseda
University, Asahi.com, May 25 2007
Asia, as a dynamic region, has attracted the world's attention again.
Simultaneously, over the last few years, through the signing of
Free Trade Agreements (FTAs) and Economic Partnership Agreements
(EPAs) among Asian countries, economic cooperation and integration
have been further promoted and stimulated within the region.
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A
Galloping India and China
Ranabir Ray Choudhury, Business
Line, 21 May 2007
A recent survey of the intentions of international investors in
the years ahead indicates that India and China will be far outpacing
their other two compatriot-economies in the so-called BRIC grouping
— Brazil and Russia.
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India's
`Madness' Is Worthy of Attention in Asia
William Pesek, Bloomberg, May 10,
2007
A quiet revolution is unfolding in India and it could say much about
the future of Asia's fast- growing economies.
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EU
launches free trade talks with ASEAN
ICTSD, Bridges Main Weekly page,
Volume 11, No.16, 9 May 2007
The EU and the Association of Southeast Asian Nations have launched
talks aiming at a free trade agreement (FTA), kicking off one of
the largest regional trade negotiations in the world.
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http://www.ictsd.org/weekly/07-05-09/inbrief.htm
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Asia`s
own IMF
Business Standard, May 07, 2007
The decision by Japan, China and South Korea to partially pool their
foreign exchange resources, with a view to preventing a repetition
of the Asian financial crisis of 1997, marks the first major regional
economic initiative in decades. The move is significant precisely
because there is no immediate prospect of such a crisis being repeated;
indeed, most of the major Asian economies have learnt the lessons
of 1997 and have accumulated foreign exchange as an act of insurance.
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Asean
spirit just fades away
Michael Vatikiotis, Bangkok Post.com,
6 May 2007
To be fair, Asean has also been hijacked by more powerful geopolitical
forces. As China and India vie for regional supremacy, the arena
of cooperation and integration has been greatly expanded. Asean
is now part of a greater East Asian whole.
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http://www.bangkokpost.com/topstories/topstories.php?id=118574
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Asia
Needs a Euro? It's Still a Laughing Matter
William Pesek, Bloomberg, 4 May
2007
At last month's Boao Forum for Asia, the gathering's secretary-general,
Long Yongtu, offered a sobering guesstimate: Asia needs at least
50 years to integrate its economies the way Europe has.
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Asia
Threatened by Global Financial Imbalances, Contemplates Integrated
Future
Huliq.com, 4 May 2007
Asia's economic development is a success story that has been decades
in the making. But in the past decade, the region has become a key
factor in a global imbalance marked by too much
reliance on exports by countries in one part of the world and excessive
consumption by countries in another part, such as the United States.
As senior officials from the Asian Development Bank gather in Kyoto,
Japan, some say the way to end this imbalance is through regional
economic integration.
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http://www.huliq.com/20793/asia-threatened-by-global-financial-imbalances-contemplates-integrated-future
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