Major trade trends in East Asia: what are their implications for regional cooperation and growth?

By: Contributor(s): Material type: TextTextSeries: Policy Research Working Paper, no. 3084Publication details: Washington, D.C. The World Bank 2003Description: 93 pSubject(s): DDC classification:
  • 382 N4M2
Summary: This study's empirical findings have positive implications for further efforts to expand East Asian regional trade and cooperation initiatives. Since the mid-1980s regional intra-trade has grown at a rate roughly double that of world trade, and at a rate far higher than the intra-trade of the North America Free Trade Agreement (NAFTA) member countries or the European Union. Evidence based on intra-industry trade ratios or statistics on international production sharing show economic linkages and the interdependence of East Asian economies have considerably strengthened over the past two decades. On a global scale, East Asia (excluding Japan) now originates 19 percent of world trade, which is approximately the same share as the NAFTA member countries. https://openknowledge.worldbank.org/handle/10986/18171
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Books Vikram Sarabhai Library KLMDC Move to KLMDC 382 N4M2 (Browse shelf(Opens below)) Available 155914

This study's empirical findings have positive implications for further efforts to expand East Asian regional trade and cooperation initiatives. Since the mid-1980s regional intra-trade has grown at a rate roughly double that of world trade, and at a rate far higher than the intra-trade of the North America Free Trade Agreement (NAFTA) member countries or the European Union. Evidence based on intra-industry trade ratios or statistics on international production sharing show economic linkages and the interdependence of East Asian economies have considerably strengthened over the past two decades. On a global scale, East Asia (excluding Japan) now originates 19 percent of world trade, which is approximately the same share as the NAFTA member countries.

https://openknowledge.worldbank.org/handle/10986/18171

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