15:30-16:00 Registration (Room 2)

16:00-16:30 Welcoming Remarks by Organizers

Michael G. Plummer, Professor of Economics, The Johns Hopkins University, SAIS-Bologna; President, ACAES; RCEA

Gianluigi Pelloni, Professor of Economics, University of Bologna and Director, RCEA

17:00-18:30 Panels A-B (Rooms 4 - 5)

A. Business Cycles and Macroeconomic Volatility

Chair: Pradumna Rana, Nanyang Technological University

Business Cycle Co-movement between Japan, China and East Asian Countries
Wai-Mun Chia, Nanyang Technological University

The contribution of domestic, regional, and international factors to Latin America's business cycle
Melisso Boschi, University of Essex

The IT Revolution and Macroeconomic Volatility in Newly Developed Countries: ARCH/GARCH - VAR Approaches
Mei-Chu W. Hsiao and Frank S.T. Hsiao, University of Colorado, Boulder

B. Income Distribution and Inequality

Chair: Corrado Benassi, University of Bologna and RCEA

The Evolution of Income Inequality in Vietnam between 1993 and 2006
Dwayne Benjamin*, University of Toronto and RCEA, Loren Brandt,University of Toronto and Brian McCaig, University of Toronto

Evolution of Inequality in Vietnam: Intertemporal Changes from 1993-2002
Tadashi Kikuchi, Foundation for Advanced Studies on International Development

A Study on the Effects of Overseas Foreign Direct Investment of Korean Firms on Domestic Income Distribution
Minsik Choi, University of Massachusetts at Boston

* denotes the speaker

19:00-20:30 Reception (Hotel Card, Via Dante Alighieri 50, Rimini)

9:00-10:30 Plenary Session (Room 1)

Chair: Michael Plummer, Johns Hopkins University, ACAES and RCEA

Speaker: Giovanni Capannelli, Asian Development Bank

Emerging Asian Regionalism

10:30-11:00 Coffee (Ground Floor)

11:00-13:00 Panels: C-D (Rooms 4 - 5)

C. Asian Integration and the World

Chair: Giovanni Capannelli, Asian Development Bank

An EU-Asia FTA?
Michael Plummer, Johns Hopkins University, ACAES and RCEA

Regional Integration in Asia and Its Effects on the EU and North America
Hiro Lee, Osaka University

Gains from Free Trade: A Critical Review of the Literature and Evidence from the Afro-Asian Countries
Tapan K. Biswas*, Hull University and RCEA, and Jolian McHardy, Sheffield University and RCEA

Have Asian Trade Agreements reduced Trade Costs? And has this benefitted countries outside the region?
Richard Pomfret, University of Adelaide, and Patricia Sourdin, Johns Hopkins University- SAIS Bologna

D. Exchange-rate Regimes in Asia

Chair: Jerzy (Jurek) D. Konieczny, Wilfrid Laurier University and RCEA

On the Choice of Exchange-rate Regimes for East Asia
Ulrich Volz, German Development Institute

Shock-absorption Mechanisms for Asian Currency Areas
Pierfederico Asdrubali, John Cabot University

The ASEAN Dollar Standard in the Post-Crisis Era
Reid Click, George Washington University

How Much Intraregional Exchange Rate Variability Could A Currency Union Remove? The Case of ASEAN+3
Duo Qin, Queen Mary, University of London

Financial Crises and Exchange-rate Volatility for Asian Economies
Wolfgang Polasek, Institute for Advanced Studies, and Takashi Oga, Chiba University

13:00-15:00 Lunch (Ground Floor)

15:00-16:30 Panels E (Room 4)

E. External Adjustment and Financial Integration in East Asia

Chair: Frank Hsiao, University of Colorado and ACAES

Financial Integration in East Asia: Evidence from Panel Unit Root and Panel Cointegration Tests
Cyriac Guillaumin, CEPN, University of Paris

External Adjustments and Integration in Asia-Pacific
Eiji Ogawa, Hitotsubashi University and Kentaro Iwatsubo, Hitotsubashi University

Navigating the Trilemma: Capital Flows and Monetary Policy in China
Michael Hutchison, University of Santa Cruz and Reuven Glick, San Francisco Fed

US Current Account Debate: With Japan then, With China Now
Hiro Ito, Portland State University

16:30-17:00 Break (Ground Floor)

17:00-18:30 Panels: F-G (Room 5 - 4)

F. Environmental Issues

Chair: Yoko Sazanami, Keio University

Carbon Trading versus Carbon Taxes for CO2 Control: Evidence for Asian Countries
Carol D. Tallarico, Dominican University

Does Foreign Direct Investment Cause More Pollution in China? A Simultaneous Equation Estimation
Ligang Song, Australian National University

Intra-industry Trade Between Japan and East Asian Countries in the Agri-Food Sector: Patterns and Determinants
Kuo-I Chang, National Chung Hsing University,Taiwan

Outsourcing: Impact of Migration from China
Balan Alina, University of Suceava


G. Sources of Trade in Asia

Chair: Tapan K. Biswas, Hull University and RCEA

Measuring Trade Regionalization: The Case of Asia
Lelio Iapadre, University of L'Aquila

Intra-regional Trade in Asia: The Source of the World Growth
Yoko Sazanami, Keio University, Iwao Tanaka, City University of New York, and Cisheng Lin, Waseda University

Regionalisation or Globalisation: What Does China's Automotive Intra-Industry Trade Suggest
Yiping Zhu, Fudan University

Anatomy of Vietnam's Trade Performance
Shigeyuki Abe, Doshisha University

20:00 Dinner and Keynote Address ("Pic Nic" Restaurant, via Tempio Malatestiano 30, Rimini)

MC: Michael G. Plummer, Johns Hopkins University, ACAES and RCEA

Welcome: Corrado Benassi, Dean, Faculty of Economics-Rimini, University of Bologna

Chair: Sudipto Battacharya, London School of Economics

Speaker: Pranab Bardhan, University of California at Berkeley

Globalization, Inequality, and Poverty, with special reference to China and India

9:30 -11:00 Panels: H-I (Rooms 5 - 4)

H. ASEAN and the AEC

Chair: Shigeyuki Abe, Doshisha University

The Trade Impact of AFTA: A Disaggregated Analysis
David Cheong, Johns Hopkins University and RCEA

The Role of ASEAN Economic Community as a Commitment to Policy Certainty
David Green, Asian Development Bank and ACAES

I. A.South Asian Regionalization and Regionalism

Chair: Lelio Iapadre, University of L'Aquila

Development-driven Regionalization in South Asia: A Case of Pakistan and India
Saleem Khan, Bloomsburg University and ACAES

Linking South Asia with East Asia: Trends, Potential, and Policies
Pradumna Rana, Nanyang Technological University

Processes and Prospects of Asian Economic Integration : Emerging Role of India and China
Pradeep S.Chauhan, University of Oxford

11:30-13:00 Plenary Session (Room 1)

Chair: Richard Pomfret, University of Adelaide

Roundtable on the Future of Economic Cooperation Agreements in Asia
Pradumna Rana, Giovanni Capannelli, Eiji Ogawa, Michael Plummer

13:00-15:00 Lunch (Ground Floor)

15:00-16:30 Panels: J-K (Rooms 4 - 5)

J. Globalization and Southeast Asia

Chair: David Green, Asian Development Bank and ACAES

Alternatives to Export Led Industrialization in Asia: ASEAN and Globalization
Stephen E. Reynolds, Danupon Ariyasajjakorn, James P. Gander and Somchai Ratanakomut

AFTA, Distribution of Income, and Globalization
Danupon Ariyasajjakorn, James P. Gander, Somchai Ratanakomut and Steven Reynolds

Micro Economic Topics within the Context of ASEAN and Globalization
James P. Gander, Danupon Ariyasajjakorn, Somchai Ratanakomut and Stephen E. Reynolds

Dependency on Imports and the Rules of Origin in Southeast Asia: ASEAN and Globalization
Somchai Ratanakomut, Danupon Ariyasajjakorn, James P.Gander and Stephen E. Reynolds


K. Foreign Direct Investment

Chair: Gianluigi Pelloni, University of Bologna and RCEA

China's Post Economic Reform Growth: The Role of FDI and Productivity Progress
Chyau Tuan and Linda Ng

"China Effect" on crowding out of FDI from Asia-A case of Japanese FDI
Nimesh Salike

Foreign Direct Investment, Human Capital, and Non-linearities in Economic Growth
Thanasis Stengos, University of Guelph and RCEA