trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … consumer and less of an assembler. This provides ground for optimism about the prospects of trade with the PRC as a source of …

external trade and finance - including foreign direct investment, remittances, and aid - play a critical role. It is therefore …

trade channel. The PRC and its neighbors have collectively formed a regional production network, and the PRC is becoming an … deceleration in the PRC on other Asian economies: (i) a single-equation approach that captures the trade channel and (ii) a global … vector autoregressive model that captures the effects beyond just the trade channel. The results of both analyses confirm …

This paper provides new evidence of the effects of road construction on both domestic and international trade flows in … those supported by multilateral development banks. We find that road construction helped to reduce trade costs significantly … internal trade costs decreases by 20%, and the ad valorem rate of international trade costs decreases, on average, by 15 …