"Servicification" is most simply defined as an increased use of services in manufacturing processes. The impact of servicification on the competitiveness of the industrial sector has not been adequately addressed, especially in policy discussions, because of limited data availability. However,...

China has grown to become an economic powerhouse and engine of global demand. However, China's projected GDP growth rates are now anticipated to remain below 7% per annum over the next five years. This issue of Trade Insights examines how the ‘new normal' of lower economic growth in China will...

The recent collapse in international commodity prices has both positive and negative implications for Asia-Pacific economies, depending upon net commodity-trade positions. This paper focuses the impacts to net commodity-importing economies of Asia and the Pacific. It highlights that in addition...

Chapter VI synthesizes the findings and key messages emerging from this study and presents policy recommendations with regard to fostering IPN participation by countries that are still lagging behind. The recommendations hold important implications for India and other developing Asian countries...

While the IPN phenomenon has accelerated trade and investment linkages between countries in East and South-East Asia, the remainder of the region has not matched those countries in this process. The objective of this study is to explore the reasons for this by using India’s performance in the...

The Belt Road Initiative (BRI) suggested by China’s President Xi Jinping provides an ambitious vision encouraging a new level of cooperation among countries along several economic corridors spanning most of the Asian economies member of ESCAP. This paper reviews the trade and trade...