• East Asian Economic Review
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• v.20 no.3
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• pp.339-363
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• 2016

This paper analyzes why the global financial crisis in 2008 severely affected Asia's trade. Asia has been suffering from the falls in export demand from developed countries. However the abrupt trade declines in Asia are not fully explained by reactions to this as in previous experiences. The question is why the financial crisis in 2008 brought about the abrupt and deep collapse in world trade, while other world-wide recessions had more moderate effects on world trade. This paper shows that the dynamic relationship between trade and trade finance is one important factor in explaining this question. This paper also applies the Granger (causality) test to uncover different relationships in the developed and developing economies and show different results for different countries in Asia. We employ a Markov-Switching FAVAR (Factor Augmented VAR) to show that global liquidity shocks are important factors in explaining the huge and abrupt trade drops in Asia.

• Acta Via Serica
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• v.4 no.2
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• pp.79-95
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• 2019

This article presents a brief reconstruction of the historic journey of Benedict the Pole and John of Pian de Carpine, the first known Europeans after A.D. 900 who completed a successful return journey east of Baghdad and gave surviving accounts of their travels. The article, which focuses mainly on the role of Benedict the Pole, is divided into five parts: the reasons and organization of the deputation sent to the Mongols by Pope Innocent IV from 1245-1248, the route travelled by the Papal envoys, the existing versions of the two surviving accounts of the mission, the role of Benedict the Pole as the secretary and translator to the papal legate Pian de Carpine, and the outcome of the journey as seen from the perspective of Europe-Asia contacts.

• Journal of the Korean Data and Information Science Society
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• v.21 no.6
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• pp.1337-1341
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• 2010

The paper investigates linkages between the Korea stock market and each of the major Asia-Pacific stock markets, namely those of the Japan, China, Australia, New-Zealand, We employs the Johansen technique to test for pairwise cointergration between the Korea stock market and each of the major Asia-Pacific stock markets. The major stock indices of the markets are used, from 1 September 2006 to 31 August 2010. The results from the test implies that the Korea market is not cointergrated with any of the major Asia-Pacific markets during the period. Our study implies that there are no long-run linkages between the Korea and any of the major Asia-Pacific stock markets.

• Acta Via Serica
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• v.5 no.1
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• pp.187-198
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• 2020

This paper is devoted to the examination of the identity of the Sogdian descendants and their historical role in the second millennium CE. More specifically, it discusses the Sogdian connection to the later Iranic-speaking peoples of Central Asia, namely, the Sarts and the Tajiks. It then discusses the symbiotic relationship between the Sogdian descendants and the Mongols and the Mongol descendants (Chaghatays and Uzbeks) in Central Asia. In sum, this paper argues that the Sogdians did not perish after the Arab conquest of Central Asia in the eighth century CE. They survived under new exonyms Sart and Tajik. Like the Sogdians in pre-Islamic Central Asia, the Tajiks or Sarts played important historical roles in the Mongol and post-Mongol states of Central Asia, maintaining a symbiotic relationship with the nomad elites.

• SUVANNABHUMI
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• v.11 no.1
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• pp.71-100
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• 2019

The region between mainland China on the east and the Indian sub-continent on the west is referred to as Southeast Asia since the conclusion of the Pacific War (1941-1945). As a region, Southeast Asia appears as a hodgepodge of disparity and diversity, but a closer scrutiny reveals numerous common attributes and characteristics. This study attempts to identify and examine the cohesive and shared characteristics across the Southeast Asian region from a historical and sociocultural perspective. The intention is to differentiate an identity borne of the underlying commonalities of shared characteristics whether physical, experiential, emotive, and/or in terms of heritage. Subsequently, Southeast Asia has more grounds to claim itself as a distinct region, and an "area of study," besides the political expediency of ASEAN.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.122-126
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• 2015

Credit enhancement is absolutely essential for financing Independent Power Producer (IPP) projects in Asia particularly for countries whose sovereign credit rating is on non-investment grade and foreign investment is difficult to achieve. Due to nexus of agreements among varies parties in IPP project, it is hard to clearly visualize the roles of these agreements. Examples are: What credit enhancement factors are most influential to minimize the associated risks of IPP projects? Why are they powerful? What are their roles? Who are less powerful and what are the obstacles that causes them less powerful? A research is conducted to identify the credit enhancement factors for IPP projects in Asia. IPP professionals validated 27 out of 28 identified credit enhancement factors, and five factor groupings were made through factor analysis. Afterwards, network theory is applied to find the unanswered questions, which by graphical and mathematical representations show that the host government's credit enhancement, MDBs, ECAs and other parties' credit enhancement are prominent and of great importance to handle the associated risks of IPP projects in Asia

• SUVANNABHUMI
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• v.9 no.1
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• pp.7-52
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• 2017

This paper analyzes the scholarly approaches to the problem of "local" vs. "cosmopolitan" in the context of the cultural transfers between South and Southeast Asia. Taking the "localization" paradigm advanced by Oliver Wolters as its pivot, it reviews the "externalist" and "autonomous" positions, and questions the hermeneutical validity of the fuzzy and self-explanatory category of "local." Having discussed the geo-environmental metaphors of "Monsoon Asia" and "Maritime Asia" as alternative paradigms to make justice to the complex dynamics of transregional interaction that shaped South and Southeast Asian societies, it briefly presents two case studies highlighting the tensions between the "local" and "cosmopolitan" approaches to the study of Old Javanese literature and Balinese Hinduism.

• Pallet News
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• s.71
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• pp.3-5
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• 2013

본 원고는 지난 2013년 7월 18일 일본 'Tokoy Metropolitan Industrial Trade Center'에서 열린 Asia Seamless Logistics Forum 발표 원고로 APSF, JPA, JPR의 회장인 Sumihiro Yamazaki가 발표하였습니다.

• Proceedings of the KOR-KST Conference
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• 1998.09a
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• pp.204-211
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• 1998

This paper reviewed the East Asia financial crisis, how China reacts to its impact, and what lessons should be learned from the crisis.

• Atmosphere
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• v.17 no.1
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• pp.55-68
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• 2007

Future climate changes over East Asia are projected by anthropogenic forcing of greenhouse gases and aerosols using ECHO-G/S (ECHAM4/HOPE-G). Climate simulation in the 21st century is conducted with three standard SRES scenarios (A1B, B1, and A2) and the model performance is assessed by the 20th Century (20C3M) experiment. From the present climate simulation (20C3M), the model reproduced reliable climate state in the most fields, however, cold bias in temperature and dry bias of summer in precipitation occurred. The intercomparison among models using Taylor diagram indicates that ECHO-G/S exhibits smaller mean bias and higher pattern correlation than other nine AOGCMs. Based on SRES scenarios, East Asia will experience warmer and wetter climate in the coming 21st century. Changes of geographical patterns from the present to the future are considerably similar through all the scenarios except for the magnitude difference. The temperature in winter and precipitation in summer show remarkable increase. In spite of the large uncertainty in simulating precipitation by regional scale, we found that the summer (winter) precipitation at eastern coast (north of $40^{\circ}N$) of East Asia has significantly increased. In the 21st century, the warming over the continents of East Asia showed much more increase than that over the ocean. Hence, more enhanced (weakened) land-sea thermal contrast over East Asia in summer (winter) will cause strong (weak) monsoon. In summer, the low pressure located in East Asia becomes deeper and the moisture from the south or southeast is transported more into the land. These result in increasing precipitation amount over East Asia, especially at the coastal region. In winter, the increase (decrease) of precipitation is accompanied by strengthening (weakening) of baroclinicity over the land (sea) of East Asia.