This paper examines how China's emergence as a major trading nation is affecting export performance of its East Asian neighbours. Following a stage-setting overview of trends and patterns of China's export performance, it probes China competition in third country markets and emerging patterns of...

The purpose of this paper is two-fold; to examine developments in trade and investment policy regimes in Malaysia following the on-set of the financial crisis, using the Trade Policy Review Malaysia: 2001 of the WTO as a reference point; and to evaluate the Review in terms of the objectives of...

The purpose of this paper is to examine trade policy regime and trade-related development issues in the Maldives on the basis of the Trade Policy Review Maldives 2003 of the WTO. The key theme of the paper is that, given the narrow resource base and small domestic market, openness to foreign...

Are currency crises caused by manias and panics in financial markets, or by unsustainable deteriorations in domestic macroeconomic conditions? This question is explored in the context of the recent Asian currency crisis. The theoretical concept of vulnerability is used to identify three...

The SPS Agreement and the related WTO dispute settlement mechanism are an important first step in strengthening the global trade architecture, bringing in greater transparency and orderly conditions to world food trade. However, implementation of the new trade rules has turned out to be a more...

The nexus of real exchange rate (RER) and capital inflows is examined through a comparative analysis of the experiences of emerging market economies in Asian and Latin America during the period 1985-2000. It is found that the degree of appreciation in RER associated with capital inflow is...

This paper examines the current state of the trade policy regime in Vietnam against the backdrop of market-oriented policy reforms undertaken over the past one-and-a-half decades. The core of the paper is an in-depth analysis of the structure of protection, focusing on both incentives for...