ASEAN countries are important targets for the United States to promote the “Indo–Pacific” minilateral framework. Their official, think tank, and media opinions regard this as an important opportunity to enhance the...ASEAN countries are important targets for the United States to promote the “Indo–Pacific” minilateral framework. Their official, think tank, and media opinions regard this as an important opportunity to enhance their national status and promote their national interests, which will be beneficial to peace and stability in the “Indo–Pacific” region. However, they are worried that it will damage the “ASEAN centrality.” ASEAN has responded positively and is committed to reshaping its “central position” and regional leadership and improving regional governance capabilities, but there are differences in the responses of various countries. In the future, ASEAN countries will seek to achieve direct and practical interests through the US “Indo–Pacific” minilateral framework, but they are more wor ried that the “central position of ASEAN” will be replaced and its “neutral and balanced” position will be threatened.展开更多
We used panel data analysis to evaluate the relative purchasing power parity(PPP)hypothesis of the ten ASEAN member countries between 1973 and 2015.We incorporated the cross-sectionally augmented panel unit root test ...We used panel data analysis to evaluate the relative purchasing power parity(PPP)hypothesis of the ten ASEAN member countries between 1973 and 2015.We incorporated the cross-sectionally augmented panel unit root test as proposed by Pesaran(J Appl Econ 22:265-312,2007).For panel cointegration analysis,we employed the four error-correction-based Westerlund(Oxf Bull Econ Stat 69:709-748,2007)panel cointegration tests.The Westerlund(Oxf Bull Econ Stat 69:709-748,2007)tests are general enough to permit a large degree of heterogeneity,both in the long-run cointegrating relationship and in the short-run dynamics,and dependence within as well as across the cross-sectional units.To check the robustness of the results,we further estimated the cointegration test excluding Indonesia and Brunei.The findings support our initial results.Further,all the results overwhelmingly support the relative PPP hypothesis.Consequently,the monetary authority would be able to implement a self-regulating monetary policy.It would also be able to control the exchange rates.展开更多
Singapore is an important and close neighbor of China.Over a long period of time,this set of bilateral relations has stayed at the forefront of cooperation between China and ASEAN countries.Since the launch of the Suz...Singapore is an important and close neighbor of China.Over a long period of time,this set of bilateral relations has stayed at the forefront of cooperation between China and ASEAN countries.Since the launch of the Suzhou Industrial Park(SIP)and other projects,cooperation between the two countries has continuously improved in both quantity and quality.China’s high-level opening up has continuously fostered regional synergies and injected new impetus into bilateral cooperation.In recent years,China-Singapore cooperation has deepened across multiple dimensions,from high-level governmental engagement and strategic alignment to grassroots initiatives such as social partnerships and personnel exchanges.展开更多
基金a phased result of a project supported by the National Social Science Fund of China in 2020 entitled “The Reconstruction of ‘ASEAN Centrality’ in the Context of ‘Indo–Pacific’ Strategy”(Grant Number:20CGJ029)。
文摘ASEAN countries are important targets for the United States to promote the “Indo–Pacific” minilateral framework. Their official, think tank, and media opinions regard this as an important opportunity to enhance their national status and promote their national interests, which will be beneficial to peace and stability in the “Indo–Pacific” region. However, they are worried that it will damage the “ASEAN centrality.” ASEAN has responded positively and is committed to reshaping its “central position” and regional leadership and improving regional governance capabilities, but there are differences in the responses of various countries. In the future, ASEAN countries will seek to achieve direct and practical interests through the US “Indo–Pacific” minilateral framework, but they are more wor ried that the “central position of ASEAN” will be replaced and its “neutral and balanced” position will be threatened.
基金We do not receive any financial assistance from any agency.All the cost associated with preparing article bear by authors solely.
文摘We used panel data analysis to evaluate the relative purchasing power parity(PPP)hypothesis of the ten ASEAN member countries between 1973 and 2015.We incorporated the cross-sectionally augmented panel unit root test as proposed by Pesaran(J Appl Econ 22:265-312,2007).For panel cointegration analysis,we employed the four error-correction-based Westerlund(Oxf Bull Econ Stat 69:709-748,2007)panel cointegration tests.The Westerlund(Oxf Bull Econ Stat 69:709-748,2007)tests are general enough to permit a large degree of heterogeneity,both in the long-run cointegrating relationship and in the short-run dynamics,and dependence within as well as across the cross-sectional units.To check the robustness of the results,we further estimated the cointegration test excluding Indonesia and Brunei.The findings support our initial results.Further,all the results overwhelmingly support the relative PPP hypothesis.Consequently,the monetary authority would be able to implement a self-regulating monetary policy.It would also be able to control the exchange rates.
文摘Singapore is an important and close neighbor of China.Over a long period of time,this set of bilateral relations has stayed at the forefront of cooperation between China and ASEAN countries.Since the launch of the Suzhou Industrial Park(SIP)and other projects,cooperation between the two countries has continuously improved in both quantity and quality.China’s high-level opening up has continuously fostered regional synergies and injected new impetus into bilateral cooperation.In recent years,China-Singapore cooperation has deepened across multiple dimensions,from high-level governmental engagement and strategic alignment to grassroots initiatives such as social partnerships and personnel exchanges.
