INDEX
2SHI see econometric models, 2SHI
(two-stage hierarchical information)
AFTA see ASEAN Free Trade Area
agglomeration
and IFT 87
for Japanese firms 136–7, 141, 145,
146
reasons for 151
see also neoclassical theory; new
trade theory
AIA (ASEAN Investment Area) 272, 287
Aitken, B. 125
Aizenman, J. 277, 279
Akiyama, S. 283
Allen, R.G.D. 186
Amiti, M. 43, 157, 160, 163
analytical techniques, for less
developed countries 192
Anderson, K. 351
Anderson, T.W. 181, 189, 190
Anselin, L. 167
Aoki, M. 4, 124, 125, 126
APEC see Asia–Pacific Economic
Cooperation
APEF (Asia–Pacific Economic Forum) 199
Archibugi, D. 53
Arrow, K.J. 85
Artus, P. 286
ASEAN (Association of Southeast Asian
Nations)
Domestic Car policy 145, 146
exchange rates 283
exports 183–4
FDI 211, 272, 285
Free Trade Area see ASEAN Free Trade
Area
Industrial Cooperation Scheme (AICO)
145, 147
international trade 182–4
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ASEAN Free Trade Area (AFTA)
formation 146
importance 287
institutional regional integration 429
Korean requirements of 199
see also trade bloc membership
ASEAN Investment Area (AIA) 272, 287
ASEAN+3 199, 438
see also Chiang Mai Initiative
ASEAN4 (Indonesia, Malaysia, the
Philippines, Thailand)
FDI and 142, 146, 281
mergers and acquisitions 215
ASEM (Asia–Europe Meeting) 376
Asia
asset sell-off 204
capital account liberalization 231
capital markets introduction 207
economic recession 205
FDI
Chinese competition for 206, 225–6
distribution 211
and domestic investment 232
future prospects 224
GDP, relation to 212
and growth 232
impact 203, 282
regional composition 224
role 212
sectoral composition 217, 224
financial stability 220
foreign loans 205–6
insensitivity to US economic growth
244
IT production significance 214–15
mergers and acquisitions 206, 215–17,
220, 224
recovery requirements 199
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Asia, East
definition 146
exchange rates 129, 135–6
FDI, main contributors 403
financial market turmoil (after 1997)
142
'flying geese' growth hypothesis 223,
227
industrial structure 218–19
integration into global economy 236
IT industries 219
mergers and acquisitions 236
nationalistic sentiment 8, 225, 253,
262
technology diffusion 339
see also China; Korea, South;
Malaysia; Philippines; Singapore; Taiwan;
Thailand
Asia, Northeast (with and without Taiwan
and Hong Kong)
Asian financial crisis 424
definitions 12, 367, 439
economic characteristics 343–4
growth 339–40
intra-regional interdependence 350–352
intra-regional trade 340–341, 365–7
expansion 423–4
intensity 355–6
pattern changes 345–7, 352–5
specialization changes 347–51
North Korean isolation 425
prospects 435–9
World War II ongoing impact 425–6
see also China; Japan; Korea, South;
Northeast Asian Development Bank;
Taiwan
Asia–Europe Meeting (ASEM) 376
Asia–Pacific Economic Cooperation (APEC)
future establishment of Free Trade
Area 376
Korean requirements of 199
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Asia–Pacific Economic Forum (APEF) 199
Asian financial crisis (1997–98)
causes 221, 428
chaebol 257, 428
FDI 129–32, 232, 403, 405–6, 428
IMF & WTO inability of to resolve 199
IMF response 207
Japan 4, 432
Korea 181, 207
PFI response 237
regional integration 427–9
resulting financial liberalization 207
Thailand 207
Asian Monetary Fund (proposed) 199, 429,
433
Association of Southeast Asian Nations
see ASEAN
Audretsch, B.D. 43
Aw, B.-Y. 105
Aziz, I.J. 160
Bailey, M. 279
Balassa, B. 369, 392
Balasubramanyam, V.N. 234
Baldone, S. 103
Baldwin, R.E. 422
Baltagi, B.H. 147
Baltic States 320, 324–1, 328, 331
Baranchik, A.J. 181, 188, 189, 190
Barrell, R. 97
Barro, R. 23, 249
Bayoumi, T. 134, 145, 273, 274, 278, 282
Beeson, M. 256
Belsley, D.A. 167
Benassy-Quéré, A. 275, 277, 279, 280
Beng, G.W. 135
Bergsten, C.F. 391, 434, 435
Bernard, A.B. 105, 106
Bernard, M. 223
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Bhagwati, J.N. 439
Blanc, H. 53
Blomström, M. 125, 316
Blonigen, B. 274, 278
Borensztein, E. 223, 233, 234, 236, 240
Bosworth, B.P. 222, 236
Bowen, H.P. 368
Branstetter, L. 18
Brenton, P. 321
Broder, A. 299
Broll, U. 276
Brouwer, E. 38
Brülhart, M. 43, 157
Buckley, P.J. 405
Bulgaria 326–7
see also SEE2
Burgstaller, J. 319
Bush, George W. 430
Caballero, R. 279
Caetano, J.M. 297
Calderon-Rossell, J. 276
Callejón, M. 45
Cantwell, J. 52, 54, 55, 56
capital account liberalization 231
capital accumulation 234–5
capital cities, attractive to French FDI
42
Carlin, W. 321
Casson, M.C. 405
Caves, R.E. 275, 278
CEB (Central Europe and Baltic) 323
see also Baltic States
CEE (Europe, Central and Eastern) 10,
312, 319
centralization versus decentralization
of R&D 58
CEPT (Common Effective Preferential
Tariff) 147, 420
CGE see econometric models, Computable
General Equilibrium
chaebol
Asian financial crisis (1997–98) 257,
428
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