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the two largest markets. East Asia accounts for half of Chinas foreign trade and more than 70% of FDI inflow. Chinas trade … with South Asia is still small in volume, but high in growth rate. With the emergence of the Indian economy, trade and … East and South Asian regions through trade, investment, service, technology, as well as broad economic cooperation …
Persistent link: https://www.econbiz.de/10009363408
stands to gain from this decision. For our analysis, we consider the case of China’s trade, and investment relation in the … largely explained through elements of complementarities in trading and investment relationship. …
Persistent link: https://www.econbiz.de/10010712613
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
the beggar-thy-neighbor view: (i) undervaluation of the domestic currency improves the domestic trade balance; and most … importantly, (ii) undervaluation of the domestic currency negatively impacts the other countries’ trade balances. Starting from … currency undervaluation is robustly and significantly associated with an improvement of the domestic trade balance. We also …
Persistent link: https://www.econbiz.de/10010883833
We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … with heterogeneous firms. We show that increased TPU reduces investment in export entry and technology upgrading, which in … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO …
Persistent link: https://www.econbiz.de/10011083973
rate, and concluded more comprehensive free trade agreements (FTAs) with Asia's developing economies. India has attempted … switch to marketoriented commercial policies in the late 1970s drove trade-led growth in the giants, the PRC's reforms were … swifter and more coordinated. It has introduced an open door policy towards foreign direct investment (FDI), actively …
Persistent link: https://www.econbiz.de/10011283419
This study of regional South-South (S-S) trade and cooperation in East, South and South-East Asian countries (ESSEA …) aims to provide an economic rationale for S-S trade; shed some light on the extent and pattern of S-S trade in the ESSEA … region; examine the dynamic forces behind the expansion of such trade, and its shortcomings and vulnerabilities; propose …
Persistent link: https://www.econbiz.de/10005835384
The Information Technology Agreement (ITA), a pluri-lateral trade agreement, seeks to accelerate and deepen the … reduction of trade barriers for the critically important information and communication technology (ICT) industry. ITA thus … provides an interesting case study of how tariff reduction within an industry-specific trade agreement might affect gains from …
Persistent link: https://www.econbiz.de/10014129227
. It stresses the importance of the successful conclusion of the Doha Round of Multilateral Trade Negotiations and the role … engage the developed countries in the process of mutually beneficial across the board liberalization of trade in goods and …
Persistent link: https://www.econbiz.de/10014066836
prevent future economic crises, as well as to sustain economic growth. This paper examines the trade structure of the three … addressing imbalances in the trade structure. …
Persistent link: https://www.econbiz.de/10008564653