Abstract

Asia-11 comprises ASEAN-5, Taiwan Province of China, Korea, Hong Kong SAR, China, India, and Japan.

Table 1.

Intraregional Exports

(In billions of U.S. dollars)

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Sources: CEIC database; and IMF, Direction of Trade Statistics (CD-ROM).

Asia-11 comprises ASEAN-5, Taiwan Province of China, Korea, Hong Kong SAR, China, India, and Japan.

Table 2.

Export Destinations of Various Trading Blocs, 2005

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Sources: CEIC database; and IMF, Direction of Trade Statistics (CD-ROM).

Asia-11 comprises ASEAN-5, Taiwan Province of China, Korea, Hong Kong SAR, China, India, and Japan.

Table 3.

Standard Deviations of Monthly Exchange Rate Fluctuations Against the U.S. Dollar

(In percent)

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Sources: Bloomberg; and Monetary Authority of Singapore.
Table 4.

Average Correlations of Currencies with Increasing Flexibility

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Sources: Bloomberg; and Monetary Authority of Singapore.

Philippine peso, Thai baht, Korean won, Indonesian rupiah, and new Taiwan dollar.

Figure 1.
Figure 1.

Intraregional Exports as Share of Total Exports

(In percent)

Sources: CEIC database; and IMF, Direction of Trade Statistics (CD-ROM).*Asia-11 comprises ASEAN-5, Taiwan Province of China, Korea, Hong Kong SAR, China, India, and Japan.
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