China and Asia: Economic and Financial Interactions Book

Introduction Yin-Wong Cheung and Kar-yiu Wong Part 1: China Flying Geese or Sitting Ducks? China’s Impact on the Trading Fortunes of other Asian Countries Alan Ahearne, John Fernald, Prakash Loungani, and John Schindler. A Decade of Flow of Funds in China (1995-2006) Lin Guijun and Ronald M. Schramm. China’s Approach to Capital Flows since 1978: A Brief Overview Juann Hung. The Estimation of Domestic Value-Added and Employment Induced by Exports: An Application to Chinese Exports to the United States Chen Xikang, Leonard K. Cheng, K. C. Fung, and Lawrence J. Lau. Part 2 : Economic Interactions External Shocks, Transmission Mechanisms and Deflation in Asia Hans Genberg. External Balances in Five Asian Countries Jaewoo Lee. What Drives Business Cycle Synchronization in the Pacific Rim Countries? Jakob de Haan, Richard Jong-A-Pin and Mark Mink Part 3: Foreign Exchange Rates Have Exchange Rate Regimes in Asia Become More Flexible Post Crisis? Re-Visiting the Evidence Tony Cavoli and Ramkishen S. Rajan. The Evolution of the East Asia Currency Baskets — Still Undisclosed and Changing Gunther Schnabl. Effective Exchange Rates in Asia with Entrepôt and Growing Intra-Regional Trade San Sau Fung, Marc Klau, Guonan Ma and Robert McCauley Part 4: Financial Markets Foreign Intermediation in Japan During the Lost Decade Jose A. Lopez and Mark M. Spiegel. The Core-AMU denominated Asian Bonds for Local Investors in East Asia Eiji Ogawa and Junko Shimizu. A New Framework for Analyzing Adequate and Excessive Reserve Levels under High Capital Mobility Jie Li, Ozan Sula and Thomas D. Willett. Financial Liberalization and Corporate Debt Maturity in Thailand, 1993-97 Federico Guerrero and Elliott Parker. Foreign Lending Under Limited Enforcement Nedim M. Alemdar, Sibel Sirakaya and Stephen J. Turnovsky