East Asia Integrates : A Trade Policy Agenda for Shared Growth

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dc.contributorKrumm, Kathie
dc.contributorKharas, Homi
dc.creatorKrumm, Kathie
dc.creatorKharas, Homi
dc.date2013-08-12T21:09:45Z
dc.date2013-08-12T21:09:45Z
dc.date2004
dc.date.accessioned2026-07-01T01:26:15Z
dc.descriptionRapid and sustained growth in international trade has long been a hallmark of successful growth and development strategies in East Asia. Some success stories are well known: those of the newly industrializing economies (NIEs) such as the Republic of Korea, as well as middle-income economies such as Malaysia and the transition economy of China. More recent entrants to world markets that have seen rapid export growth include low-income economies such as Cambodia and Vietnam. Trade has been an important factor in growth in the region, enabling progress in poverty reduction. Although the 1997-98 financial crisis interrupted this progress, recovery since then has brought poverty rates in every emerging economy in the region to record lows, and in economies like that of Vietnam, trade growth has brought with it a rapid reduction in poverty. Intraregional trade in East Asia has grown faster than trade with any other market, and while the largest economies account for the bulk of this trade, the regional trade of most smaller economies has also grown. Trade integration has been marketled, stemming from a combination of unilateral reforms, fulfillment of multilateral commitments, and a pattern of relocation of production processes (see Kawai and Urata 2002). Intraregional trade has been driven not only by growing demand but increasingly by improved competitiveness in regional markets, as reflected in increased market shares (Figure 1). China has been particularly dynamic, but almost all countries increased their competitiveness in regional markets during 1995-2001.9 This increase was accomplished without loss of competitiveness in other markets; East Asia continued to expand its market shares in the European Union (EU) and North American Free Trade Agreement (NAFTA) markets in the same period.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2004/01/3003191/east-asia-integrates-trade-policy-agenda-shared-growth
dc.identifier0-8213-5514-7
dc.identifierhttps://hdl.handle.net/10986/15038
dc.identifierhttps://doi.org/10.1596/0-8213-5514-7
dc.identifier.urihttp://hdl.handle.net/123456789/418085
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC: World Bank and Oxford University Press
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectAGRICULTURAL PROTECTION
dc.subjectAGRICULTURE
dc.subjectAPPLIED TARIFF
dc.subjectAVERAGE TARIFFS
dc.subjectBILATERAL AGREEMENTS
dc.subjectBILATERAL TRADE
dc.subjectCAPITAL ACCUMULATION
dc.subjectCENTRAL BANKS
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCOUNTRY MARKETS
dc.subjectCURRENCY
dc.subjectCUSTOMS
dc.subjectCUSTOMS CLEARANCE
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC WELFARE
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPLOYMENT
dc.subjectENVIRONMENTAL POLICY
dc.subjectENVIRONMENTAL STANDARDS
dc.subjectEXCHANGE RATE
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKETS
dc.subjectEXPORT ORIENTATION
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectFINANCIAL CRISIS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFREE TRADE
dc.subjectFREE TRADE AREA
dc.subjectGDP
dc.subjectGLOBAL LIBERALIZATION
dc.subjectGLOBAL TRADE
dc.subjectGROWTH RATES
dc.subjectHUMAN CAPITAL
dc.subjectIMPORT PROTECTION
dc.subjectIMPORT TARIFFS
dc.subjectIMPORTS
dc.subjectINCOME INEQUALITY
dc.subjectINTEREST GROUPS
dc.subjectINTERNATIONAL PRODUCTION
dc.subjectINTERNATIONAL TRADE
dc.subjectINTRAREGIONAL TRADE
dc.subjectINVESTMENT FLOWS
dc.subjectINVESTMENT POLICIES
dc.subjectINVESTOR CONFIDENCE
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLABOR STANDARDS
dc.subjectLEGAL STATUS
dc.subjectLIBERALIZATION OF TRADE
dc.subjectLIQUIDITY
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET ACCESS
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMARKET SIZE
dc.subjectMTN
dc.subjectMULTILATERAL COMMITMENTS
dc.subjectNEGOTIATING POSITIONS
dc.subjectNONTARIFF BARRIER
dc.subjectNONTARIFF BARRIERS
dc.subjectNONTARIFF MEASURES
dc.subjectOPENNESS
dc.subjectPATENTS
dc.subjectPOLICY INTEGRATION
dc.subjectPOLLUTION
dc.subjectPREFERENTIAL TRADING
dc.subjectPREFERENTIAL TRADING ARRANGEMENTS
dc.subjectPRODUCER SERVICES
dc.subjectPRODUCERS
dc.subjectPRODUCTION NETWORKS
dc.subjectPRODUCTION PROCESSES
dc.subjectPRODUCTIVITY
dc.subjectQUANTITATIVE RESTRICTIONS
dc.subjectREAL INCOME
dc.subjectREAL WAGES
dc.subjectREGIONAL INSTITUTIONS
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL MARKETS
dc.subjectREGIONAL TRADE
dc.subjectREGIONAL TRADE ARRANGEMENTS
dc.subjectREGIONAL TRADING ARRANGEMENTS
dc.subjectREGIONALISM
dc.subjectSAFETY NETS
dc.subjectSAVINGS
dc.subjectSHARE OF WORLD EXPORTS
dc.subjectSOCIAL STABILITY
dc.subjectSUBSIDIARY RIGHTS
dc.subjectTARIFF LEVELS
dc.subjectTARIFF RATES
dc.subjectTAX REVENUE
dc.subjectTELECOMMUNICATIONS
dc.subjectTHIRD-COUNTRY MARKETS
dc.subjectTRADE AGREEMENT
dc.subjectTRADE BARRIERS
dc.subjectTRADE CLASSIFICATION
dc.subjectTRADE COMPETITIVENESS
dc.subjectTRADE FACILITATION
dc.subjectTRADE GROWTH
dc.subjectTRADE INTEGRATION
dc.subjectTRADE NEGOTIATIONS
dc.subjectTRADE POLICY
dc.subjectTRADE PROTECTION
dc.subjectTRADE STRUCTURE
dc.subjectTRADE TREATIES
dc.subjectTRADING PARTNERS
dc.subjectTRANSITION ECONOMY
dc.subjectTRANSPORT COSTS
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.subjectWELFARE IMPACTS
dc.subjectWORKER RIGHTS
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO TRADE POLICY
dc.subjectSHARED GROWTH
dc.subjectTRADE AGREEMENTS
dc.subjectEXPORT DATA
dc.subjectEXPORT MARKETS
dc.subjectAGRICULTURAL ASPECTS
dc.subjectWELFARE ECONOMICS
dc.subjectTRANSPORT COSTS
dc.subjectLIBERALIZATION
dc.subjectINVESTMENTS
dc.subjectPROPERTY RIGHTS
dc.subjectENVIRONMENTAL STANDARDS
dc.subjectTRADE REFORM
dc.subjectHOUSEHOLDS
dc.subjectSOCIAL STABILITY
dc.subjectINCOMES
dc.subjectSOCIAL PROTECTION
dc.subjectFREE TRADE AGREEMENTS
dc.subjectPORT ACCESS
dc.subjectAIR FREIGHT
dc.titleEast Asia Integrates : A Trade Policy Agenda for Shared Growth

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