Major Trade Trends in East Asia : What are their Implications for Regional Cooperation and Growth?

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, an...

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Main Authors: Ng, Francis, Yeats, Alexander
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2003/06/2438509/major-trade-trends-east-asia-implications-regional-cooperation-growth
http://hdl.handle.net/10986/18171
id okr-10986-18171
recordtype oai_dc
spelling okr-10986-181712021-04-23T14:03:41Z Major Trade Trends in East Asia : What are their Implications for Regional Cooperation and Growth? Ng, Francis Yeats, Alexander REGIONAL TRADE REGIONAL COOPERATION REGIONAL INTEGRATION INTERDEPENDENCE ECONOMIC LINKAGES INTRAREGIONAL TRADE ADVERSE EFFECTS AGRICULTURAL PRODUCTS ANDEAN PACT CAPACITY BUILDING COAL COMPARATIVE ADVANTAGE COMPETITIVENESS CURRENCY CYCLICAL POLICIES DEVALUATION DEVELOPMENT DUTY DRAWBACK SCHEMES ECONOMIC CONDITIONS ECONOMIC EFFECTS ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC SIZE EROSION EXCHANGE RATE EXPORT OPPORTUNITIES EXPORT PERFORMANCE EXPORT SHARE EXPORT SHARES EXPORT VALUE EXPORTERS EXPORTS FINANCIAL CRISIS FISCAL POLICIES FREE TRADE FREE TRADE AREA FUELS GDP GEOGRAPHIC MARKETS GLOBAL EXPORTS GLOBAL IMPORTS GLOBAL MARKETS GLOBAL TRADE GROSS DOMESTIC PRODUCT GROWTH RATE INDUSTRY TRADE INTERNATIONAL PRODUCTION INTERNATIONAL TRADE MARKET SIZE MONETARY POLICIES MUTUAL TRADE NON-TARIFF BARRIERS NORTH AFRICA NORTH AMERICA OIL OPEC PETROLEUM POINT PREFERENTIAL TARIFFS PREFERENTIAL TRADE PREFERENTIAL TRADE ARRANGEMENTS PRICE INCREASES PRODUCTION PROCESSES REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS SCALE EFFECTS SHARE OF WORLD EXPORTS TARIFF BARRIERS TRADE TRADE AGREEMENT TRADE CLASSIFICATION TRADE DATA TRADE DIVERSIFICATION TRADE FLOWS TRADE INTENSITY TRADE ISSUES URUGUAY ROUND WESTERN EUROPE WORLD TRADE INTRAREGIONAL TRADE ADVERSE EFFECTS 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. 2014-05-05T20:11:26Z 2014-05-05T20:11:26Z 2003-06 http://documents.worldbank.org/curated/en/2003/06/2438509/major-trade-trends-east-asia-implications-regional-cooperation-growth http://hdl.handle.net/10986/18171 English en_US Policy Research Working Paper;No. 3084 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific East Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic REGIONAL TRADE
REGIONAL COOPERATION
REGIONAL INTEGRATION
INTERDEPENDENCE
ECONOMIC LINKAGES
INTRAREGIONAL TRADE ADVERSE EFFECTS
AGRICULTURAL PRODUCTS
ANDEAN PACT
CAPACITY BUILDING
COAL
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CURRENCY
CYCLICAL POLICIES
DEVALUATION
DEVELOPMENT
DUTY DRAWBACK SCHEMES
ECONOMIC CONDITIONS
ECONOMIC EFFECTS
ECONOMIC GROWTH
ECONOMIC IMPLICATIONS
ECONOMIC SIZE
EROSION
EXCHANGE RATE
EXPORT OPPORTUNITIES
EXPORT PERFORMANCE
EXPORT SHARE
EXPORT SHARES
EXPORT VALUE
EXPORTERS
EXPORTS
FINANCIAL CRISIS
FISCAL POLICIES
FREE TRADE
FREE TRADE AREA
FUELS
GDP
GEOGRAPHIC MARKETS
GLOBAL EXPORTS
GLOBAL IMPORTS
GLOBAL MARKETS
GLOBAL TRADE
GROSS DOMESTIC PRODUCT
GROWTH RATE
INDUSTRY TRADE
INTERNATIONAL PRODUCTION
INTERNATIONAL TRADE
MARKET SIZE
MONETARY POLICIES
MUTUAL TRADE
NON-TARIFF BARRIERS
NORTH AFRICA
NORTH AMERICA
OIL
OPEC
PETROLEUM
POINT
PREFERENTIAL TARIFFS
PREFERENTIAL TRADE
PREFERENTIAL TRADE ARRANGEMENTS
PRICE INCREASES
PRODUCTION PROCESSES
REGIONAL TRADE
REGIONAL TRADE ARRANGEMENTS
SCALE EFFECTS
SHARE OF WORLD EXPORTS
TARIFF BARRIERS
TRADE
TRADE AGREEMENT
TRADE CLASSIFICATION
TRADE DATA
TRADE DIVERSIFICATION
TRADE FLOWS
TRADE INTENSITY
TRADE ISSUES
URUGUAY ROUND
WESTERN EUROPE
WORLD TRADE
INTRAREGIONAL TRADE
ADVERSE EFFECTS
spellingShingle REGIONAL TRADE
REGIONAL COOPERATION
REGIONAL INTEGRATION
INTERDEPENDENCE
ECONOMIC LINKAGES
INTRAREGIONAL TRADE ADVERSE EFFECTS
AGRICULTURAL PRODUCTS
ANDEAN PACT
CAPACITY BUILDING
COAL
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CURRENCY
CYCLICAL POLICIES
DEVALUATION
DEVELOPMENT
DUTY DRAWBACK SCHEMES
ECONOMIC CONDITIONS
ECONOMIC EFFECTS
ECONOMIC GROWTH
ECONOMIC IMPLICATIONS
ECONOMIC SIZE
EROSION
EXCHANGE RATE
EXPORT OPPORTUNITIES
EXPORT PERFORMANCE
EXPORT SHARE
EXPORT SHARES
EXPORT VALUE
EXPORTERS
EXPORTS
FINANCIAL CRISIS
FISCAL POLICIES
FREE TRADE
FREE TRADE AREA
FUELS
GDP
GEOGRAPHIC MARKETS
GLOBAL EXPORTS
GLOBAL IMPORTS
GLOBAL MARKETS
GLOBAL TRADE
GROSS DOMESTIC PRODUCT
GROWTH RATE
INDUSTRY TRADE
INTERNATIONAL PRODUCTION
INTERNATIONAL TRADE
MARKET SIZE
MONETARY POLICIES
MUTUAL TRADE
NON-TARIFF BARRIERS
NORTH AFRICA
NORTH AMERICA
OIL
OPEC
PETROLEUM
POINT
PREFERENTIAL TARIFFS
PREFERENTIAL TRADE
PREFERENTIAL TRADE ARRANGEMENTS
PRICE INCREASES
PRODUCTION PROCESSES
REGIONAL TRADE
REGIONAL TRADE ARRANGEMENTS
SCALE EFFECTS
SHARE OF WORLD EXPORTS
TARIFF BARRIERS
TRADE
TRADE AGREEMENT
TRADE CLASSIFICATION
TRADE DATA
TRADE DIVERSIFICATION
TRADE FLOWS
TRADE INTENSITY
TRADE ISSUES
URUGUAY ROUND
WESTERN EUROPE
WORLD TRADE
INTRAREGIONAL TRADE
ADVERSE EFFECTS
Ng, Francis
Yeats, Alexander
Major Trade Trends in East Asia : What are their Implications for Regional Cooperation and Growth?
geographic_facet East Asia and Pacific
East Asia
relation Policy Research Working Paper;No. 3084
description 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.
format Publications & Research :: Policy Research Working Paper
author Ng, Francis
Yeats, Alexander
author_facet Ng, Francis
Yeats, Alexander
author_sort Ng, Francis
title Major Trade Trends in East Asia : What are their Implications for Regional Cooperation and Growth?
title_short Major Trade Trends in East Asia : What are their Implications for Regional Cooperation and Growth?
title_full Major Trade Trends in East Asia : What are their Implications for Regional Cooperation and Growth?
title_fullStr Major Trade Trends in East Asia : What are their Implications for Regional Cooperation and Growth?
title_full_unstemmed Major Trade Trends in East Asia : What are their Implications for Regional Cooperation and Growth?
title_sort major trade trends in east asia : what are their implications for regional cooperation and growth?
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2003/06/2438509/major-trade-trends-east-asia-implications-regional-cooperation-growth
http://hdl.handle.net/10986/18171
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