Thẻ: East Asia

The export-dependent development model that fueled Asia’s economic rise is nearing its end

~ Trần Đình Hoành ~ 1 bình luận

East Asia Needs A New Growth Formula

The export-dependent development model that fueled Asia’s economic rise is nearing its end.

Female laborers work at a cloth factory in Huaibei city, Anhui province, east China on Jan. 19.
Female laborers work at a cloth factory in Huaibei city, Anhui province, east China on Jan. 19. PHOTO: © ZHENGYI XIE/CPRESSPHOTO/ZUMA PRESS
By
WSJ
JOHN LEE

Feb. 15, 2016 1:11 p.m. ET

The East Asian economic model is running out of steam. Demographics and slowing growth in world trade will force Asia’s developing countries to rely more on internal demand instead of the outward-oriented policies that made their neighbors rich. That will mean slower growth and prolonged regional inequality. Tiếp tục đọc “The export-dependent development model that fueled Asia’s economic rise is nearing its end” →

What Africa can learn from Asian supply chains

~ Đào Thu Hằng ~ Bình luận về bài viết này

Published on Tuesday, 15 December 2015

A woman sells coffee beans in Viet Nam.
A woman sells coffee beans in Viet Nam.

blogs.ADB.org – At this week’s 10th World Trade Organization (WTO) Ministerial Conference in Nairobi, Kenya, trade ministers are trying to advance 15 years of Doha Development Agenda talks to reduce trade barriers. The real issue, however, is whether African economies can follow East Asia’s success in global supply chains amid “new normal” growth and rising inequality.

Global supply chains refer to the geographical location of stages of production (design, production, marketing, and service activities) in a cost-effective manner and linked by trade in intermediate inputs and final goods. For instance, the Toyota Prius—a hybrid electric mid-size hatchback car—for the US market was designed in Japan and is presently assembled there, but some parts and components are made in Southeast Asia and the People’s Republic of China (PRC).
Tiếp tục đọc “What Africa can learn from Asian supply chains” →