China Type Asian Economic System

Economic System Reform in China

Asian Economic and Social Society

The paper econometricallyestimate investors‘ optimal portfolios are independent of their investmenthorizon. When ex ante diversification is investigated there appears to be no evidence of increased demand for equity over a longer investment horizons in India. That is, in India we obtain a flat equity profile over the investment horizons.Therefore, the mean-aversion in fixed-income explains the ...

A new type of socio-economic system

Existing models of our socio-economic system have proved to be of rather limited predictive usefulness. This is particularly true with respect to predictions about the effects of alternative governmental actions and with respect to any predictions of a long-range character. It is even the case with respect to very short-run forecasting. In addition, it is recognized that current models of our s...

China and the Asian Economies: mutual acceptance, economic interaction and interactive dynamics

The objective of this article is to explore the economic relationship between China and the surrounding dynamic Asian economies. It delves into China’s influence over the Asian economies and whether this relationship has evolved in a marketand institution-led symbiotic manner. The three principal channels of regional integration analyzed in this article are trade, FDI and vertically integrated ...

Cautionary Notes on Asian Economic Integration

Introduction Economic integration and cooperation in Asia has traditionally been more market-driven and institution-lite. The Asian Financial Crisis (AFC) in 1997/98 and the Great Recession in 2008 changed that. As the number of Free Trade Agreement (FTA) in Asia increases, intraregional trade has intensified and it continues to grow. In the financial side, the cross-border holding of financial...