Assessing agricultural trade comparative advantage of Myanmar and its main competitors: Findings from UN Comtrade

Assessing agricultural trade comparative advantage of Myanmar and its main competitors: Findings from UN Comtrade PDF Author: Zhang, Huaqi
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 47

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Book Description
This paper aims to provide a better understanding of Myanmar’s agricultural export performance against its competitors in different regions and determine the policy actions for improving Myanmar’s export performance. The normalized revealed comparative advantage (NRCA) index is computed to compare the agricultural competitiveness between Myanmar and its competitors from 2007 to 2016. The results show that: 1) Myanmar’s agricultural export sector enjoys comparative advantage in the global market, but it is not competitive when compared with its major competitors; 2) Myanmar reveals a high level of NRCAs in black gram & pigeon peas, natural rubber, sesame seeds, rice, and frozen fish, while it has low NRCAs in crustaceans and dried fruits; and reveals no comparative advantage in bananas, fish fillets, maize, nuts, and watermelon in certain years. Three major policy implications are drawn, including diversifying Myanmar’s export portfolio, strengthening export promotion and development, and attracting foreign direct investment to upgrade the cross-border value chain.

Assessing agricultural trade comparative advantage of Myanmar and its main competitors: Findings from UN Comtrade

Assessing agricultural trade comparative advantage of Myanmar and its main competitors: Findings from UN Comtrade PDF Author: Zhang, Huaqi
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 47

Get Book Here

Book Description
This paper aims to provide a better understanding of Myanmar’s agricultural export performance against its competitors in different regions and determine the policy actions for improving Myanmar’s export performance. The normalized revealed comparative advantage (NRCA) index is computed to compare the agricultural competitiveness between Myanmar and its competitors from 2007 to 2016. The results show that: 1) Myanmar’s agricultural export sector enjoys comparative advantage in the global market, but it is not competitive when compared with its major competitors; 2) Myanmar reveals a high level of NRCAs in black gram & pigeon peas, natural rubber, sesame seeds, rice, and frozen fish, while it has low NRCAs in crustaceans and dried fruits; and reveals no comparative advantage in bananas, fish fillets, maize, nuts, and watermelon in certain years. Three major policy implications are drawn, including diversifying Myanmar’s export portfolio, strengthening export promotion and development, and attracting foreign direct investment to upgrade the cross-border value chain.

Assessing Agricultural Trade Comparative Advantage of Myanmar and Its Main Competitors

Assessing Agricultural Trade Comparative Advantage of Myanmar and Its Main Competitors PDF Author: Huaqi Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Market Integration with ASEAN and Beyond

Market Integration with ASEAN and Beyond PDF Author: Manmeet Ajmani
Publisher:
ISBN:
Category :
Languages : en
Pages :

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An Analysis of Export Competitiveness in Myanmar

An Analysis of Export Competitiveness in Myanmar PDF Author: Mie-Jung Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Book Description
This paper explores export competitiveness from the perspectives of Revealed Comparative Advantage (RCA) initiated by Balassa (1965) using trade statistics between 2010 and 2015 under HS code. It is to examine which commodities or industries Myanmar has gained RCA in over 6 years and how these trends have changed since 2010. The analysis was conducted based on HS code (Harmonized System Code) at the 4 digits headings to reach a deeper understanding since Myanmar in general is expected to have its export industries focus in primary products, such as natural resources and agricultural sectors. Results revealed consistent findings that Myanmar has had a large portion of export shares in primary products and gained RCAs in most primary sectors. In more detail, the results of RCA acknowledged that even in primary sectors, most commodities in natural resources, agriculture, fishery and livestock were showing downward trends for values of RCA over the period. The large extent of RCA consistently lies in natural resources such as mining, precious stones, natural gas, beans and pulps in the agricultural industry and garments in the manufacturing industry. Moreover, in order to understand RCA correlation with GDP growth in major trading partners, correlation analysis was also conducted.

Agricultural Trade between China and the Greater Mekong Subregion Countries

Agricultural Trade between China and the Greater Mekong Subregion Countries PDF Author: Jayant Menon
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 9815011138
Category : Business & Economics
Languages : en
Pages : 331

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Book Description
“This book provides new insights into the important and developing agricultural value chains, including on current constraints and the enormity of opportunities, emanating in the dynamic GMS, especially through to their main giant market of China. Analysis in the GMS countries forms comparable case studies of major crops using mappings of their key processes and actors, as well as both qualitative and quantitative data, including primary data collection such as from new surveys. The analysis uses understandable methodologies, such as graphical cross-country comparisons, and established ratios, such as on comparative advantage, to provide useful insights into GMS agricultural value chains. A particular focus in the case studies is better understanding of the role Non-Tariff Measures (NTMs) might play in constraining agricultural exports to China and approaches to addressing these that are more inclusive and economically rewarding. I recommend this valuable book to those interested in agricultural trade in GMS countries and China, as well as the characteristics of their agricultural value chains, and their contribution to these countries’ development.” -- Dr Ray Trewin, Former Fellow, ANU and editor of Crucial Agricultural Policy (World Scientific, 2016). “The Greater Mekong Subregion encompasses several open, dynamic, latecomer economies. Over the past thirty years, they have benefited immensely from the restoration of peace, their re-engagement with the regional and global economies, and the rise of China. The region as a whole is a net food exporter with a strong comparative advantage in agriculture. How they manage their international commercial relations, with China in particular, will significantly influence their future socio-economic dynamics. The authors and contributors, all leading researchers in the field, are to be congratulated for this timely and authoritative volume that comprehensively examines the issues and charts a productive way forward. A must-read for anybody interested in these important issues and countries.” -- Professor Hal Hill, H.W. Arndt Professor Emeritus of the Southeast Asian Economies, ANU

Global Trends 2040

Global Trends 2040 PDF Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158

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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Myanmar

Myanmar PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292546236
Category : Business & Economics
Languages : en
Pages : 405

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Book Description
After 3 years of historic reforms, Myanmar has entered a pivotal stage in its socioeconomic development. Natural, cultural, and demographic advantages are positioning the country for long-term success, but many challenges and potential pitfalls lie ahead. This publication examines how to leverage the opportunities and offers solutions to the challenges. For Myanmar to achieve its economic transition, considerable investments will have to be made in infrastructure and developing human capital, and progress made on building institutional capacity, a regulatory environment for the private sector to flourish, and a modern finance sector. In all reform efforts, the government should embrace good governance, and strive for inclusive, environmentally sustainable, and regionally connected growth. Ensuring that the benefits of growth are shared broadly and regionally balanced stands out in a crowded development agenda.

China's Changing Trade and the Implications for the CLMV

China's Changing Trade and the Implications for the CLMV PDF Author: Mr.Koshy Mathai
Publisher: International Monetary Fund
ISBN: 1475531710
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.

Globalisation, Comparative Advantage and the Changing Dynamics of Trade

Globalisation, Comparative Advantage and the Changing Dynamics of Trade PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264113088
Category :
Languages : en
Pages : 351

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Book Description
This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.

Informal Trade and Underground Economy in Myanmar

Informal Trade and Underground Economy in Myanmar PDF Author: Winston Set Aung
Publisher: Institut de recherche sur l’Asie du Sud-Est contemporaine
ISBN: 2355960240
Category : Political Science
Languages : en
Pages : 100

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Book Description
At present, collecting and analyzing data from inside Myanmar remains notoriously difficult. There is, therefore, a non-Myanmar approach towards the majority of studies on Myanmar. This is especially the case when dealing with informal or illegal trade within the country’s territory. IRASEC and the Observatory on Illicit Trafficking wanted to fill this gap by giving the floor to Professor Winston Set Aung, the founder and the director of the Asia Development Research Institute, and director of the Asia Language and Business Academy in Myanmar. He is also an MBA lecturer at the Institute of Economics in Yangon and is involved in several international and regional research programs in partnership with various research institutes including the Institute of Asian Studies, Chulalongkorn University, Thailand; Tokyo University, Japan; and the Institute for Security and Development Policy of Sweden, Stockholm Environmental Institute. The focus of Professor Winston Set Aung’s study is to provide a Myanmar-centric perspective on informal or illegal trade. The author offers an analysis regarding the process of informal exchanges through a pragmatic and non-contextualized critique. The causes of informal and illegal exchanges are identified and described without commenting on their origins. This intentional, measured, and calculated conservative perspective enables us to think on how to best use these flows in the current political situation in Myanmar. It seems therefore useful and relevant to make this data available to our readers.