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Examining the potential for cross-South Pacific trade: ASEAN and Latin America

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  • Mikic, Mia
  • Jakobson, Elias

Abstract

This paper discusses the potential for cross-South Pacific trade between selected Southeast Asian and Latin American economies. The objective of this discussion is to identify obstacles for more intensive trade between the observed countries. Firstly, the paper reviews trends in trade flows and trade patterns between the selected economies, and by using several trade performance indicators it finds the level of trade still relatively low. It then discusses the possible reasons for this state of affairs. It focuses on a review of tariffs, trading costs and other possible impediments to trade. Paper also considers how trade relations among these countries could be improved. It provides a background into the features of the trade agreements that have been signed among the countries belonging to these two sub-regions in an attempt to identify if any of them could be used as a “driver” for future integration.

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File URL: http://mpra.ub.uni-muenchen.de/27448/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 27448.

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Date of creation: 01 Dec 2010
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Handle: RePEc:pra:mprapa:27448

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Keywords: ASEAN; Latin America; trade entropy; complementarity; trade agreements; cross-Pacific trade; noodle bowl;

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  1. Mia Mikic & John Gilbert, 2007. "Trade Statistics In Policymaking - A Handbook Of Commonly Used Trade Indices And Indicators," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number tipub2491, December.
  2. Mia Mikic (ed.), 2010. "Rising Non-Tariff Protectionism and Crisis Recovery," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number tipub2587, December.
  3. Antoni Estevadeordal & Kati Suominen & Jeremy Harris & Matthew Shearer, . "Bridging Regional Trade Agreements in the Americas: Special Report on Integration and Trade," IDB Publications 20098, Inter-American Development Bank.
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