The rationale for South-South trade; An Alternative Approach
AbstractArguing that the theoretical literature on South-South trade is not satisfactory, the author provides an alternative framework and rationale for the South-South trade as a vehicle for industrialization and development of developing countries. He also applies this framework to developing countries in the Asia-Pacific region. In particular, showing that the low-income countries of the region are not benefiting much from the dynamism of the China market for their industrialization, he proposes, inter alia, industrial collaboration among the low-income countries as a necessary condition for benefiting from the potential role of China as a “pole” of industrialization and development of the countries of the region.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 26354.
Date of creation: Oct 2010
Date of revision:
International trade; South-South cooperation; industrial collaboration; production sharing; East Asia;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- F1 - International Economics - - Trade
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-11-27 (All new papers)
- NEP-INT-2010-11-27 (International Trade)
- NEP-SEA-2010-11-27 (South East Asia)
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