Trade Policy Issues in Asian Development

This study examines issues of trade and policy in the light of the experience of developing Asian economies including those of Sri Lanka, Malaysia, India, Indonesia, Pakistan, South Korea, Taiwan and Thailand.

List of figures

xi

(1)

List of tables

xii

(3)

Preface

xv

Introduction

1

(2)

1 Trade policy and economic development: background and overview

3

(14)

State of the debate

3

(6)

Scope and outline of the book

9

(4)

Notes

13

(4)

PART 1 Trade policy and development

17

(94)

2 Trade policy reforms and industrial restructuring in Sri Lanka

19

(30)

Policy context

21

(10)

Industrial growth and adjustment

31

(14)

Conclusion

45

(2)

Notes

47

(2)

3 Export-oriented industrialisation, growth and equity in Malaysia

49

(20)

Policy context

50

(4)

Growth and structural change

54

(4)

Employment and equity

58

(7)

Conclusion

65

(2)

Notes

67

(2)

4 Structural adjustment reforms, saving and investment in India

69

(21)

Saving and investment behaviour in india: an overview

71

(3)

The intriguing behaviour of household physical investment

74

(5)

Determinants of private corporate investment

79

(4)

Results

83

(2)

Conclusion

85

(1)

Notes

86

(1)

Appendix

87

(3)

5. Linkages and gains from export growth: issues and evidence from Indonesia

90

(21)

Conceptual issues

92

(4)

Methodology and data

96

(3)

Results

99

(4)

Conclusion

103

(1)

Notes

104

(1)

Appendix

105

(6)

PART II Foreign investment and export-oriented industrialisation

111

(58)

6. Export-oriented foreign direct investment: a typology with evidence from Sri Lanka

113

(22)

Export-oriented foreign direct investment: a typology

114

(5)

Foreign investment climate

119

(4)

Trends and patterns of EOFDI

123

(10)

Conclusion

133

(1)

Notes

133

(2)

7. Multinationals and export performance: analytical issues and empirical evidence

135

(13)

Theory and hypotheses

137

(2)

Methodology and data

139

(4)

Results and conclusions

143

(3)

Notes

146

(2)

8 Multinationals, employment and real wages in Malaysian manufacturing

148

(21)

Multinationals and employment: an overview

150

(3)

Overall wage trends

153

(2)

MNEs and real wage growth

155

(8)

Conclusion

163

(1)

Notes

164

(1)

Appendix

165

(4)

PART III Export orientation and the world economy

169

(53)

9 Demand and supply factors in agricultural exports

171

(22)

Policy context

172

(5)

Export performance

177

(6)

Determinants of exports: an econometric analysis

183

(6)

Conclusion

189

(1)

Notes

190

(2)

Appendix

192

(1)

10 The demand for NIC exports: does the small country assumption hold?

193

(15)

Analytical framework

195

(1)

Data and econometric procedure

196

(5)

Results

201

(4)

Conclusion

205

(1)

Notes

206

(1)

Appendix

206

(2)

11 Terms of trade for manufactured exports from developing countries

208

(14)

Existing evidence

210

(1)

Data and method

211

(3)

Results

214

(5)

Conclusion

219

(1)

Notes

220

(1)

Appendix

221

(1)

References

222

(15)

Index

237

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Trade Policy Issues in Asian Development

Summary

Table of Contents

Supplemental Materials