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Implications Of The Economic Rise Of The PRC For Asean and India: Trade and Foreign Direct Investment

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  • Ramkishen S. Rajan

    ()

  • Sadhana Srivastava

    ()

Abstract

An important and vigorous policy debate ongoing in Asia concerns the impact of the economic rise of the PRC on the rest of the region. This paper examines the relative performances of the PRC, selected ASEAN countries (Indonesia, Malaysia, the Philippines, Singapore and Thailand), and India over time, as well as the intensity and changing dynamics of their intra-regional economic interactions. Focus is on trends and patterns in merchandise trade, trade in commercial services, and FDI flows the last two decades and potential impact of the PRC’s continued economic emergence on ASEAN and India. [Working Paper No. 14]

Suggested Citation

  • Ramkishen S. Rajan & Sadhana Srivastava, 2010. "Implications Of The Economic Rise Of The PRC For Asean and India: Trade and Foreign Direct Investment," Working Papers id:2680, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:2680 Note: Institutional Papers
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    References listed on IDEAS

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    1. Will Martin & Elena Ianchovichina, 2001. "Implications of China's Accession to the World Trade Organisation for China and the WTO," The World Economy, Wiley Blackwell, vol. 24(9), pages 1205-1219, September.
    2. C. H. Kwan, 2002. "The Rise of China and Asia's Flying-Geese Pattern of Economic Development: An Empirical Analysis Based on US Import Statistics," Discussion papers 02009, Research Institute of Economy, Trade and Industry (RIETI).
    3. T.N. Srinivasan, 2001. "India's Reform of External Sector Policies and Future Multilateral Trade Negotiations," Working Papers 830, Economic Growth Center, Yale University.
    4. World Bank, 2002. "World Development Indicators 2002," World Bank Publications, The World Bank, number 13921.
    5. Ianchovichina, Elena, 2001. "Trade Liberalization in China’s Accession to WTO," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 16, pages 421-445.
    6. S.M. Shafaeddin, 2002. "The Impact Of China´S Accession To Wto On The Exports Of Developing Countries," UNCTAD Discussion Papers 160, United Nations Conference on Trade and Development.
    7. Sadhana Srivastava & Rahul Sen, 2004. "Competing for Global FDI: Opportunities and Challenges for the Indian Economy," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 5(2), pages 233-260, September.
    8. Ted Tschang, 2003. "China's Software Industry and Its Implications for India," OECD Development Centre Working Papers 205, OECD Publishing.
    9. Jagdish Bhagwati, 1997. "The Global Age: From a Sceptical South to a Fearful North," The World Economy, Wiley Blackwell, vol. 20(3), pages 259-283, May.
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    Keywords

    vigorous policy; debate; Asia; Economic Rise; ASEAN; Indonesia; Malaysia; Philippines; Singapore; Thailand; intra-regional; economic interactions; commercial services; potential impact;

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