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Russia has long awaited the outcome of its accession process. The implications of accession will have both a positive and negative impact on Russia and its trade partners. The major consensus of this analysis, however, points to important long-term gains that are evident to the Russian economy and certain opportunities that accession will give trad...

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Brazil, Russia, India, China and South Africa have grouped themselves as a bloc and have met at the BRICS Summits since 2009. The Fourth Summit held in 2012 in New Delhi was perhaps the most important meeting of the bloc for 2012. The Summit came up with declarations aimed at strengthening and insulating the member countries from the global economi...

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China has moved from a fixed exchange rate regime to a floating rate by pegging its currency to a basket of currencies in 2005. Since then, the value of yuan has become a central issue affecting global trade environment, because the yuan is considered to be undervalued by China's major trading partners. Due to the global slowdown, China has given ...

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22 Aug 2011  |  Asia Pacific

Japan Earthquake: Economic Implications

 

Earthquake and tsunami that followed earthquake have caused severe damages to coastal areas and industrial centers in Japan. Several industries were affected including transportation, energy, agriculture, tourism, and manufacturing. This resulted in power shortages, supply chain disruption, reduction of business activity and tourism, and drop in co...

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Manufacturing sector accounts for 24 percent of the GDP in 2009. With an aim to become industrialized country by 2020, Vietnams manufacturing industry has been undergoing major changes as a result of government initiatives, WTO commitments and industrial liberalization. Industrial development strategy for the period 2011-2020 to focus on the devel...

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20 Apr 2009  |  Asia Pacific

Wind Energy Legislation in Developing Asian Economies

 

India, China, Pakistan, and Bangladesh can be expected to emerge as the future places for wind energy installation. Globally, sustainable renewable energy supplies is set to gain importance making wind as one of the fastest forms of energy generation in 2009. Analysis reveals that the respective governments of the four chosen Asian economies are ...

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