The Future of Asian Trade and Growth: Economic Development with the Emergence of China

ISBN-13: 9780415368117 / Angielski / Twarda / 2009 / 442 str.

Linda Yueh

Opis

This book presents a comprehensive analysis of current trends of trade and economic growth in Asia, assessing how they are likely to develop in the future. It examines the evolving patterns of Asian economic development with the emergence of China, including since China's accession to the World Trade Organisation (WTO) in 2001. It is written by experts specialising in economic growth and regional and global trade/investment issues, alongside country specialists who have examined the development path of Asian economies. It discusses the significance of a export-oriented growth strategy on the Asian region, and the likely patterns of intra-regional specialisation given China's rise. The book examines the degree to which the remarkable growth of China is likely to affect other Asian countries in terms of global market share, and growth prospects. The book explores how the rise of intra-industry trade is affecting patterns of specialisation in the region, and appraises the role of multinational corporations and foreign direct investment. Informed by the latest empirical economic thinking, this book is a rigorous examination of the influence of an emerging economic superpower, and the future for economic growth in Asia. Readers interested in the implications of the rise of China, the effect on the economic development path of the most successful developing nations of our time and the lessons to be heeded from China's integration with the global economy will find this a thorough yet accessible account of the influence of an emerging economic superpower.

This book presents a comprehensive analysis of current trends in the patterns of trade in Asia, assessing how they are likely to develop going forward. Informed by the latest technical economic thinking, the book is nonetheless written in an accessible way. It discusses the significance of export-oriented growth strategies on the region, examines the degree to which the remarkable growth of China is likely to affect other countries in the region, explores how the rise of intra-industry trade is affecting patterns of specialisation in the region, and appraises the role of multinational corporations.

Spis treści

1. Introduction Part I: The Emergence of China  2. The China Effect: How the Emergence of China Affects the Global Economy, Export-led Growth Models and Relations with the United States 3. China’s Trade Policy after WTO Accession: Focus on China-EU Relations  4. Vertical Specialization and Intra-industry Trade in China’s Exports, 1992-2003 5. A Computable General Equilibrium Model of Foreign Direct Investment Productivity Spillovers in China -6. Domestic Investment, Alternative Sources of Foreign Direct Investment and Economic Growth in China Part II: Impact on the Rest of Asia  7. The Role of China in Asia: Engine, Conduit, or Steamroller? 8. Overcoming the Middle Income Trap: Challenges for East Asian High Performers 9. How ASEAN Fits the Asian and China Emerging Trade Paradigm Part III: Cases Studies  10. The Rise of China: New Openings for Singapore? 11. In the Shadow of China: Integration and Internationalization in Lao PDR 12. Implications of the Growth of China and India for the Other Asian Giant: Russia Part IV: Resultant Global & Regional Trade Patterns  13. Growth and Trade Horizons for Asia: Long-Term Forecasts for Regional Integration 14. China and the Future of Asian Electronics Trade 15. The Evolution of Product Quality in Trade between China and ASEAN Experience 16. China’s Integration into Global Production Networks and its Implications for Export-led Growth Strategy in Other Countries in the Region

O autorze

Linda Yueh is Fellow in Economics at St Edmund Hall, University of Oxford. She is also an associate of the Centre for Economic Performance at the London School of Economics, UK.