Author Krumm, Kathie
Title East Asia Integrates : A Trade Policy Agenda for Shared Growth
Imprint Washington : World Bank Publications, 2004
©2004
book jacket
Descript 1 online resource (402 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Series World Bank Trade & Development
World Bank Trade & Development
Note Cover -- Title Page -- Contents -- Foreword -- Acknowledgments -- Authors and Their Affiliations -- Overview -- Why Push Integration Now? -- Context: Recent Trends in Trade -- Widening Opportunities in Trade Arrangements -- China's Role in the Region -- What WTO Accession Means for China: Sectoral Shifts -- What WTO Accession Means for China: Ways of Doing Business -- What WTO Accession Means for the Rest of East Asia: On Balance, More Opportunity -- Regional Interdependence -- Scope for Gains from Regionalism -- Making East Asian Arrangements a Stepping-stone to Global Integration -- Expanding Market Access Globally -- Trade in Textiles and Clothing -- Agricultural and Rural-Based Trade -- Development Orientation for a Behind-the-Border Agenda -- Technical Barriers and Standards: Balancing Trade with Consumer Interests -- Transport and Logistics -- Services Sector Liberalization -- Investment and Competition Policies -- Intellectual Property Rights: Nurturing Domestic Innovation -- Environment and Labor Standards -- Reinforcing Social Stability through Broad Sharing of Benefits -- Impact of Trade Reforms on Households -- Sectors Important to Social Stability: Specific Micro Interventions -- Trade and Stability -- Conclusions -- Endnotes -- References -- PART 1 Widening Opportunities in Trade Arrangements -- 1 China's Accession to the WTO: Impacts on China -- Introduction -- Policy Reforms Associated with Accession -- Nondiscrimination -- Market Opening -- Transparency and Predictability -- Undistorted Trade -- Preferential Treatment for Developing Countries -- Intellectual Property Rights -- Sectoral Impacts of Accession -- Agriculture -- Industrial Products -- Motor Vehicles -- Policy Concerns -- Services -- Restrictions on Service Activities -- Logistics -- Telecommunications -- Financial Services -- Impacts of Reforms on the Economy
Exports -- Imports -- Employment -- Welfare Gains -- Effects of WTO Accession at the Household Level -- Effects on Rural and Urban Households -- Effects on Poverty -- Social Protection -- Conclusions -- Endnotes -- References -- 2 Regional Impact of China's Accession to the WTO -- Introduction -- Channels of Impact -- Increased Access to China's Domestic Markets -- Increased Imports from China -- Increased Competition in Third-Country Markets -- Shifts in Investment Patterns -- Impact of WTO Accession on Newly Industrializing East Asia and Japan -- Impact of WTO Accession on the Middle-Income Developing Countries of East Asia -- Indonesia -- Malaysia -- The Philippines -- Thailand -- Impact of WTO Accession on the Low-Income Countries of East Asia -- Cambodia -- Lao People's Democratic Republic -- Vietnam -- Conclusions -- Endnotes -- References -- 3 New Regionalism: Options for East Asia -- Introduction -- Reasons for New Regionalism -- Organization of This Chapter -- Regional Trade Agreements in East Asia -- ASEAN Free Trade Area -- Proposed Regional Arrangements Involving China -- Other ASEAN Proposals -- Regional Financial Cooperation -- Costs and Benefits of Economic Regionalism -- Free Trade or a Bloc-ed Up World? -- Distribution of Benefits: Hubs and Spokes -- Assessing the Alternatives -- ASEAN and China -- ASEAN-China Economic Relations -- Proposed ASEAN-China Free Trade Area: The Goals and Means to Achieve Them -- Conclusions: The Way Forward -- Endnotes -- References -- 4 Market Access Barriers and Poverty in Developing East Asia -- Introduction -- Products and Markets of Export Interest to the Poor -- Agricultural and Agroprocessed Exports -- Markets for the Key Agroproducts -- Market Access Barriers -- Domestic Support -- Tariff Barriers -- Tariff Escalation -- Preferential Rates -- Nontariff Measures -- Conclusions -- Endnotes
References -- PART 2 Development Orientation for a Behind-the-Border Agenda -- 5 Trade and Logistics: An East Asian Perspective -- Introduction -- Trade and Logistics Nexus -- Country Group Perspective -- Group 1: Outward-Oriented, Highly Accessible -- Group 2: Outward-Oriented, Accessible -- Group 3: Less Open and Accessible -- Remote Regions within Countries -- Benefits from Improved Logistics -- Reduced "Wedge" between Consumer and Producer Prices -- Insurance against Regional Price Fluctuations -- Reduced Inventory Costs -- More Developed Markets -- Moving Up the Value Chain -- Regional Transport and Logistics Issues -- Maritime Issues -- Multimodal Transport -- Ports and Land Access -- Air Freight -- Policy Recommendations -- Domestic Integration -- Private Sector -- Regulatory Environment -- Transport -- Cross-Border Facilitation -- Urban Land Use and Management -- Security -- Regional Cooperation -- Endnotes -- References -- 6 Protecting Industrial Inventions, Authors' Rights, and Traditional Knowledge: Relevance, Lessons, and Unresolved Issues -- Introduction -- Did Korea's Stronger Patent Laws Contribute to Its Success in Foreign Patenting? -- Factors Contributing to the Rise in Korean Patenting -- Fertile Technology Pull -- Friendly Court Pull -- Industrial Upgrading Push -- Corporate Management Push -- Technology Trajectory -- Innovation Performance: Korean Firms and Worldwide Leaders -- Why Semiconductors and Not Pharmaceuticals or Chemicals? -- Conclusions -- Will Stronger Copyright Protection Encourage the Development of Copyright-Sensitive Businesses in Indonesia? -- Legal Structure and Enforcement -- Effects of Copyright Law on Specific Industries -- Software -- Recorded Music -- Film -- Print Publishing -- Conclusions -- What Are the Problems in Protecting Traditional Knowledge in Genetic Resources?
A Framework for R&D in the Biological Sciences -- Evolution in R&D Management -- A Brief History of Global Policies Affecting Genetic Resources -- Is There an Optimal Property Rights Institution? -- Practical Concerns -- Conclusions -- Overall Conclusions and Lessons -- Endnotes -- References -- 7 Trade and Competitiveness Aspects of Environmental and Labor Standards in East Asia -- Introduction -- Labor Standards: Background and Institutions -- Evidence on Labor Standards, Trade, and Competitiveness -- Effects of Openness on Labor Standards and Conditions of Work -- Effects of Changes in a Country's Trade and Investment Regulations on Labor Standards -- Labor Standards in Export Processing Zones -- Evidence on the Effects of Labor Standards on Trade Performance and FDI -- Environmental Protection: Background and Institutions -- Evidence on Environmental Protection, Trade, and Competitiveness -- How Does Openness Affect Environmental Protection and Use? -- Evidence on Environmental Standards and Competitiveness -- Past Evidence -- Evidence from East Asia -- Environmental Protection and the Doha Round -- Policy Implications -- Endnotes -- References -- PART 3 Reinforcing Social Stability Through Broad Sharing of Benefits -- 8 Household Welfare Impacts of China's Accession to the WTO -- Introduction -- Measuring the Welfare Impacts of Trade Reform -- Our Approach in This Chapter -- Results -- Measured Welfare Impacts of WTO Accession -- Incidence of Gains and Losses -- Conclusions -- Endnotes -- References -- 9 Trade in Sectors Important to the Poor: Rice in Cambodia and Vietnam and Cashmere in Mongolia -- Introduction -- Rice and the Poor in Cambodia and Vietnam -- Rice Exports -- Value Chain Analysis: Constraints on Production and Trade, and Policy Options -- Cambodia -- Vietnam -- Overview of Recommendations -- Aggregate Effects
Effects on Farmers and the Poor -- Cashmere and the Poor in Mongolia -- Potential Gains for the Poor from Trade in Cashmere -- Value Chain Analysis: Constraints on Production and Trade, and Policy Options -- Herders -- Traders and Marketing and Distribution Channels -- Processors -- Cashmere Trade Policies -- Overview of Recommendations -- Conclusions -- Endnotes -- References -- 10 Trade and Labor Market Vulnerability in Indonesia, Republic of Korea, and Thailand -- Introduction -- Overview of Trade Liberalization and Labor Market Volatility -- Measures of Trade Liberalization -- Volatility of Some Aggregate Indicators -- Trends in Earnings and Employment in Synthetic Panels -- Indirect Estimation of Changes in Workers' Vulnerability to Poverty from Cross-Sectional Data -- A Simple Model -- Findings -- Conclusions -- Endnotes -- References -- Index -- Back Cover
Emerging East Asian economies have seen their share of world exports more than triple during the past quarter-century, and intraregional trade has driven this growth. Broad measures of development in East Asia have improved at the same headlong pace. Why push further integration now? Two economic events of historic proportions provide the context: strategic thinking of development in the region following the East Asian financial crisis of 1997-98 and the accession of China to the World Trade Organization. Policymakers interested in a stable, prosperous region are concerned by mildly rising inequality within countries and a widening gap between richer economies and the poorest economies. Increasingly, the development agenda in the region - with its focus on growth, jobs, and social stability - and the trade policy agenda - with its focus on market access and competitiveness - have become intertwined. East Asian policymakers seek to develop a coherent set of economic policies that can deliver stability, growth, and regional integration. Without attempting to be comprehensive, East Asia Integrates offers fundamental strategies that promote cross-border flows of trade, along with domestic policies on logistics, trade facilitation, standards and institutions to maximize the impact of these flows on development and distribute the gains from trade widely. As the authors demonstrate, multilateral and regional trade initiatives must provide a compelling vision of how integration can deliver broadly shared growth and prosperity if they are to succeed. In addition, they must use the momentum offered by trade agreements to address the links between trade on the one hand, and social stability, poverty reduction, and growth on the other
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Link Print version: Krumm, Kathie East Asia Integrates : A Trade Policy Agenda for Shared Growth Washington : World Bank Publications,c2004 9780821355145
Subject World Trade Organization -- China.;Regionalism -- East Asia.;East Asia -- Commercial policy.;East Asia -- Commerce.;East Asia -- Economic integration.;East Asia -- Economic conditions
Electronic books
Alt Author Kharas, Homi
Kharas, Homi J