Business in ASEAN: Practical Aspect
The Association of Southeast Asian Nations (ASEAN) uniting ten states of the sub-region is a major participant in economic regionalism processes in East Asia, which is tirelessly mounting trade, investment, technological and other relations with foreign partners as a token of sustainable and conflict-free development of the region as a whole.
A collection of papers of the international conference “Security and Cooperation in the South China Sea” incorporates the presentations of its participants – the most prominent and authoritative world-class specialists from the United States, Japan, India, Australia, the European Union and Russia who have long been studying the problems of this region. They examine the situation in Southeast Asia and the South China Sea from variousstandpoints, analyse the history of the conflict, its juridical and political aspects, and the involvement of great powers therein. The common element that unites the texts offered to the reader is the authors’ desire to find the mostoptimal ways to resolve the dangerous standoff, to make available for the governments of the countries of the region a sort of a “roadmap” to a world of stability and cooperation.
For the first time since World War II, the U.S. seem to lose leadership at the multilateral trade talks shifting accents to bilateral and regional trade cooperation. The main reason for the shift is a deadlock at the WTO Doha-round negotiations where the U.S. face opposition of the steadily growing economies of India, China and Brazil.
Торговые переговоры, ГАТТ, ВТО, США, многосторонняя торговая система, ЕС, Япония, ИНДИЯ, КИТАЙ, Бразилия, Дж. Буш-мл., Б. Обама, М. Баррозу, Р. Зеллик, П. Лами, Р. Кирк, Л. да Силва, Карел де Гюхт, АТЭС, НАФТА, АСЕАН, трансатлантическое партнерство, "двадцатка", trade talks, GATT, WTO, U.S., Multilateral Trading System, Eu, Japan, India, China, Brazil, G.-W. Bush, B. Obama, M. Barrozo, R. Zoellick, P. Lamy, R. Kirk, L. da Silva, Karel de Gucht, APEC, NAFTA, ASEAN, Transatlantic Partnership, G 20
In recent years, relations between Russia and the Association of Southeast Asian Nations (ASEAN) have seen positive trends, but no qualitative shift to a new level of cooperation. Nevertheless, Moscow’s increasing economic and diplomatic reorientation towards Asia, coupled with a confluence between their priorities in regional politics and security, have the potential to make Russia–ASEAN cooperation more versatile and multidimensional.
This chapter is devoted to ASEAN’s Leading Role in East Asian Multilateral Dialogue on Security Matters of Asia-Pacific region.
In 2012, Russia assumes the Chairmanship of APEC, and is keen to build on its memberships of both the East Asia Summit (EAS) and the Asia-Europe Meeting (ASEM). Russia is geographically and historically part of Asia and the Asia Pacific, and has been a dialogue partner of ASEAN since 1996. Still, the obstacles of distance and languages have led ASEAN member states and Russia to know and interact little between both sides. As growth poles in the world economy, there is much benefit in greater interaction between their rich economies. To commemorate the 15th Anniversary of the Russia-ASEAN dialogue partnership in 2011, the ASEAN Studies Centre at ISEAS and its counterpart from MGIMO-University, Moscow co-organized a two-day conference that year, in which papers were presented offering perspectives from Russia and the ten ASEAN member states. Representatives from academia, and the public and private sectors offered insights on topics including geopolitics, bilateral relations, business and economics, and culture and education. This is a timely book that affords the reader insights into where ASEAN-Russia relations currently stand and suggests how they can improve and move forward.
In this capture, the authors try to forecast changings which will be able to occur during the next 20 years in Pacific Asia
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.