South-South Trade: An Asian Perspective
This paper finds that growth of South–South trade of Asian economies has not lagged behind and that the South–South trade is largely complementary to South–North trade.
This paper examines trends and patterns of South–South trade in Asian economies, with emphasis on the implications of the growing importance of global production sharing and the rise of the People's Republic of China. The findings suggest that growth of South–South trade of Asian economies has not lagged behind what one would expect in terms of the standard determinants of trade potential, and that South–South trade is largely complementary to, rather than competing with, South–North trade.
- The Debate on South-South Trade: A Historical Perspective
- Trends and Patterns of South-South Trade
- Determinants of Trade Flows
- Concluding Remarks