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Yasuyuki Sawada

Open access

Edited by Elisabetta Gentile

Open access

Edited by Elisabetta Gentile

Open access

Skilled Labor Mobility and Migration

Challenges and Opportunities for the ASEAN Economic Community

Edited by Elisabetta Gentile

One of the primary objectives of the ASEAN Economic Community (AEC), established in 2015, was to boost skilled labor mobility within the region. This insightful book takes stock of the existing trends and patterns of skilled labor migration in the ASEAN. It endeavors to identify the likely winners and losers from the free movement of natural persons within the region through counterfactual policy simulations. Finally, it discusses existing issues and obstacles through case studies, as well as other sectoral examples.
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Kenneth Boutin

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Hongjun Zhao

This chapter discusses the background and significance of the study, and introduces the main subjects and basic concepts of the book, such as the peasant economy and governmental governance. The author presents an overview of the book, the research method used, and conclusion, and indicates the innovation and limitation of the study.

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Hongjun Zhao

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Takatoshi Ito, Satoshi Koibuchi, Kiyotaka Sato and Junko Shimizu

Chapter 1 introduces the theme of this book, exchange rate risk for the exporters, by showing the sensitivity of corporate earnings and stock prices to exchange rate fluctuations. When the yen appreciates, corporate earnings and the Nikkei Index tend to fall. Faced with a long-run trend of yen appreciation, Japanese exporting firms have taken many countermeasures to lessen the exchange rate impact on their sales and profits. By invoicing in yen, they can avoid the exchange rate risk. However, importers suffer from exchange risk and have to absorb the change in import costs by changing their profit margins. Hence, which currency exports should be invoiced in depends on the nature of the products, the relationship between exporter and importer, and whether the exported goods are for the local market or for re-exporting after assembly. The chapter introduces these concepts and sets up the questions to be answered in later chapters.

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Takatoshi Ito, Satoshi Koibuchi, Kiyotaka Sato and Junko Shimizu

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Edited by Young-Myon Lee and Bruce E. Kaufman