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.
Bibliographic Details
| Main Authors: |
Ng, Francis,
Yeats, Alexander |
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| Format: | Policy Research Working Paper
biblioteca
|
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| Language: | English
en_US |
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| Published: |
World Bank, Washington, DC
2003-06
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| Subjects: | 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 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, |
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| 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
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