European Economy. Economic Papers
Jean Pisani-Ferry and Jérémie Cohen-Setton, Bruegel
Asia-Europe: the third link - Jean Pisani-Ferry and Jérémie Cohen-Setton(800 kB)
(European Economy. Economic Papers. 352. December 2008.
Luxembourg. 36pp. Tab. Graph. Ann. Bibliogr. Free.)
KC-AI-08-352-EN ISBN: na ISSN: 1735-3187
The report provides a comprehensive analysis of Europe-East Asia interdependences (in terms of relative economic weights, trade and financial integration, trade and financial flows, exchange rate and wealth transfers). The prime motivation of the paper is that linkages between Europe and East Asia remain frequently underestimated. While the “third link” between them is in many respects as important as the linkages between the two regions and North America, it is too often regarded only as of secondary importance.
JEL classification: E00, F1, F3, F4, F5