9 August 2019, Friday, 3.00-5.00pm, Lecture Theatre 2, Level UG, Sunway University.
Abstract: The importance of NIE-4 and ASEAN-4 economies is rapidly increasing in the global economy. These economies have experienced rapid economic growth, regional integration, diverse responses to global economic turmoil as well as changing trade structure. They display considerable trade interdependence with dramatic increases since the 1997 Asian crisis. Of the four main driver regions/economies examined for Asian countries, China has displaced the EU and Japan as the most dominant connection, although the US remains the most important.
In this presentation, Dr Mala Raghavan will consider speciﬁcally the time-varying nature of trade patterns in transmitting shocks to and from ASEAN-4 and NIE-4 economies and the G4 (US, EU, Japan and China). Her study identifies the signiﬁcance of trade interdependencies over time in the dissemination of trade shocks, and highlights the challenges and opportunities for economies with complex trade links within the Asian region.
Dr Mala Raghavan is Lecturer of Economics at the Tasmanian School of Business and Economics, University of Tasmania, an associate with the Asia Institute of Tasmania and a Visiting Research Fellow to Bank Negara. Her research interests are in the areas of Macroeconomic Policies, Monetary Economics, International Economics and Asian Economies. Dr Raghavan specialises in building prediction systems that can pinpoint moments of financial instability around the world.