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By Paul J.J. Welfens, Franz Knipping, Suthiphand Chirathivat

Broadening and deepening of financial and political integration are hallmarks of the ecu and ASEAN. This e-book significantly analyses the industrial and institutional adjustments in either Europe and Asia. there's massive capability for instability, yet one additionally unearths nearby progress possibilities. Comparative coverage research and overview of assorted cooperation suggestions are offered. Emphasis is on banking, monetary industry dynamics, ICT, and macroeconomic rules in addition to exchange, power, and environmental concerns. felony elements are mixed with ancient and monetary views. Due emphasis is also at the influence of China and the function of foreign firms. The comparative research of ecu and ASEAN integration indicates very important coverage offerings, together with these on the multilateral level.

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Extra info for Integration in Asia and Europe: Historical Dynamics, Political Issues, and Economic Perspectives

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According to the WTO Report from 2002, only North Korea, Japan and Libya had not been involved in regional integration schemes at the beginning of the 21st century. Many motives stand behind regional integration schemes with economic aspects being a major element of the respective policy initiatives. Relatively poor countries are expected to gain from economic integration and to benefit from enhanced growth (BRETSCHGER, 2004). As regards economic growth, it is clear that not only integration and technological progress play a role but that monetary dynamics – including exchange rate changes (real appreciation in EU accession countries in the late 1990s vs.

This is basically the approach adopted in the EU and in many other countries. As regards mobile telecommunications government is involved in the allocation of spectrum which is a scarce resource. A critical question is the size of the relevant market and digital international market integration, respectively. If large international markets are relevant one should expect formation of large mobile telecommunication companies which in turn could be facilitated by secondary markets for mobile licenses.

Netherlands 52,4 61,4 3,5 76,8 20,0 46,7 110,9 2162,7 0,2 50,6 52,2 France 56,0 56,6 2,3 69,6 14,7 34,7 26,1 401,2 0,0 31,4 36,6 Luxembourg 57,1 54,4 6,6 106,1* 36,6 59,4 45,9 624,9 0,1 37,0 .. Malta 45,9 52,1 2,9 72,5 8,1 25,5 2,3 177,9 0,0 30,3 .. Unit. Kingdom 50,2 49,9 9,8 84,1* 20,1 40,6 75,0 545,3 0,1 42,3 .. Finland 54,3 48,8 20,1 90,1 23,2 44,2 416,7 2436,5 0,2 50,9 .. Ireland 36,3 48,6 4,4 84,5 18,3 42,1 37,3 394,6 0,0 28,0 31,3 Italy 43,3 48,4 6,8 101,8 8,4 23,1 13,1 114,0 0,0 35,2 33,7 Austria 47,8 48,1 4,8 87,9 16,4 37,4 67,1 713,4 0,1 41,5 46,2 Greece 49,4 45,4 2,6 78,0 3,3 8,2 7,4 170,5 0,0 13,5 15,0 Belgium 46,3 44,1 2,3 78,6* 17,8 24,1 30,3 202,6 0,0 32,8 ..

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