The rationale for South-South trade; An Alternative Approach

Shafaeddin, Mehdi (2010): The rationale for South-South trade; An Alternative Approach.

Abstract

Arguing 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.

• Item Type: MPRA Paper
• Language: English
• Keywords: International trade, South-South cooperation, industrial collaboration, production sharing, East Asia
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development; F - International Economics > F1 - Trade; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O14 - Industrialization ; Manufacturing and Service Industries ; Choice of Technology

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