Asian Trade: Long-Term Patterns And Key Policy Issues

Date Added: Sep 2009
Format: PDF

This paper offers an analytical interpretation of Asian trade patterns since the late 1960s, in the context of three general, conditioning factors: rapid growth and structural change, host country commercial policy environments, and institutional and technological factors governing global trade and investment patterns. Highlighting the diversity of trade structures and export performance across Asia, the paper documents the successive waves of policy reforms leading to the adoption of export-oriented strategies first in Japan and the four NIEs, then the ASEAN Four, followed by China and the Indo China states, and most recently India.