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Asia's Changing Role in World Trade: Prospects for South-South Trade Growth to 2030

Asia's Changing Role in World Trade: Prospects for South-South Trade Growth to 2030

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This paper projects the world economy to 2030 to demonstrate the extent to which developing Asia’s rapid economic growth is likely to further shift the global industrial center of gravity away from the North Atlantic to Asia, increase the importance of Asia in world trade, and boost South-South trade.
This paper projects the world economy to 2030 to demonstrate the extent to which developing Asia’s rapid economic growth is likely to further shift the global industrial center of gravity away from the North Atlantic to Asia, increase the importance of Asia in world trade, and boost South-South trade.

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Published by: Asian Development Bank on Sep 02, 2013
Copyright:Attribution Non-commercial

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09/19/2013

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 ADB Economics Working Paper Series
Asia’s Changing Role in World Trade:Prospects for South–South Trade Growthto 2030
Kym Anderson and Anna StruttNo. 264 | July 2011
 
ADB Economics Working Paper Series No. 264
Asia’s Changing Role in World Trade:Prospects for South-South Trade Growthto 2030
Kym Anderson and Anna Strutt
July 2011
Kym Anderson is Professor in the School of Economics, University of Adelaide; Anna Strutt is Senior Lecturer in Economics at the University of Waikato. This paper was prepared as a background materialfor the Asian Development Bank’s (ADB)
 Asian Development Outlook 2011
. The authors are gratefulfor helpful interactions with Benno Ferrarini and Ernesto Valenzuela, and for funding from ADB andthe Australian Research Council. The very useful comments and suggestions from discussants andparticipants at the ADB Forum on South–South Economic Linkages, Manila, 10 February 2011 aregratefully acknowledged, particularly Myrna Austria, Jayant Menon, and Joseph Zveglich Jr. Thanks arealso due to Tom Hertel and Terrie Walmsley for their very helpful modelling suggestions. The authorsaccept responsibility for any errors in the paper.

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