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.

ASEAN-India Development and Cooperation Report 2015

ASEAN-India Development and Cooperation Report 2015 PDF Author: Aseanndia Centre
Publisher: Routledge
ISBN: 1351223801
Category : Business & Economics
Languages : en
Pages : 189

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Book Description
India‘s engagement with the Association of Southeast Asian Nations (ASEAN) is at the heart of its Look East Policy. As a regional bloc, ASEAN has developed much faster than any of the other blocs in the Asia-Pacific. With ASEAN and India working towards establishing a Comprehensive Free Trade Area through Regional Comprehensive Economic Partnership Agreement (RCEP), their cooperation will be key to promoting economic stability, competitiveness, growth and integration in the region. This Report: provides a comparative analysis of the global and regional economies; examines the impact and implications of India ASEAN integration; assesses policy priorities, effectiveness, implementation imperatives and challenges; and discusses themes central to the economic sustainability of the region, including public and foreign policy, trade facilitation, financial and scientific cooperation, food security, energy cooperation, and productivity and opportunities in the manufacturing and service sectors. It will be invaluable to scholars and researchers of economics, international relations, development studies, area studies, as well as policy-makers, administrators, private sector professionals, and non-governmental organisations in the field.

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

Get Book Here

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.

India’s Relations with Neighboring South and South East Asian Countries

India’s Relations with Neighboring South and South East Asian Countries PDF Author: Lipi Ghosh
Publisher: Springer Nature
ISBN: 9819946107
Category : History
Languages : en
Pages : 206

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Book Description
This book presents a holistic perspective across various facets of culture, history, politics, economics and strategy in India’s relations with neighbouring South and Southeast Asian countries. This book not only analyses various issues of India’s foreign policy diplomacy but also explores the perspectives of neighbouring countries towards India. It engages experts from India and its South and Southeast Asian neighbours to discuss topics, such as overland linkages, people-to-people interactions, opportunities and implications of India’s Act East policy on its neighbours in changing geopolitical backdrop. The book emphasises on the responses to the COVID-19 pandemic and suggests a greater scope of regional cooperation on emergencies such as health crises in the Bay region. This rich collection of essays has strategic and scholarly relevance for researchers working on a wide range of topics related to development studies, cultural studies, Asian studies as well as policy makers and general readers.

JAIR Journal of International Relations

JAIR Journal of International Relations PDF Author: Dhananjay Tripathi
Publisher: IndraStra Global e-Journal Hosting Services
ISBN:
Category : Political Science
Languages : en
Pages : 86

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Book Description
JAIR Journal of International Relations (JAIR J. Int. Relat.) is a biennial, peer-reviewed, refereed journal of International Relations published by The Jadavpur Association of International Relations with the financial assistance from the Indian Council of Social Science Research (ICSSR), New Delhi.

India-ASEAN Relations

India-ASEAN Relations PDF Author: Dr. Tripti Sharma
Publisher: K.K. Publications
ISBN:
Category : Political Science
Languages : en
Pages : 304

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Book Description
The changes in the global environment such as the demise of the socialist system, initiation of globalization, the declining position of international organizations and reduction in the importance of forums like NAM have made it imperative for India to review its old foreign policy nuances. For long, India hardly regarded the countries of Southeast Asia and South Pacific as priority areas despite the latter's cultural, political, economic and strategic significance. The long spell of mutual alienation understandably gave way to mutual distrust and suspicion. This dark period in India's relations with the countries of Southeast Asia and South Pacific was, however, brought to an end following the reshaping and reorientation of India's foreign policy, manifest in the vigorous pursuit of 'Look East' policy, it was Prime Minister Narasimha Rao who concentrated on forging links and enhancing cultural, economic, political and strategic cooperation with Southeast Asia and transformed this important urge into India's foreign policy initiative that culminated in 'Look East' policy. India's engagement with the Association of Southeast Asian Nations (ASEAN) started with its Look East Policy in the year 1991. ASEAN has a membership of 10 countries, namely Brunei Darussalam, Cambodia, Indonesia, Laos PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. India became a sectoral dialogue partner of ASEAN in 1992 and full dialogue partner in 1996. In November 2001, the ASEAN-India relationship was upgraded to the summit level. Consequently, the latter had already registered impressive progress in the field of economy, strategy and cultural relations between India and ASEAN.

International Economics: Theory And Policy

International Economics: Theory And Policy PDF Author: Dwivedi D.N.
Publisher: Vikas Publishing House
ISBN: 9325969238
Category : Business & Economics
Languages : en
Pages : 561

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Book Description
International Economics: Theory and Policy is a comprehensive, authentic and up-to-date textbook on the subject, which meets the study requirements of undergraduate and post-graduate students of international economics, international business management and those appearing for competitive examinations. The book presents the complex theories of international economics in a technically simple and comprehensible manner without sacrificing the analytical precision and sophistication of the theories. The purpose is to facilitate the students’ entry into the complex subject matter of international economics. FEATURES/BENEFITS • Covers the undergraduate and post-graduate syllabuses of international economics • Technically simple and comprehensible presentation of complex theories • Non-mathematical treatment of the theoretical aspects • Extensive use of graphical technique as an analytical tool • Standard analytical models used to present complex trade theories • Real examples of foreign trade problems used to introduce a topic • Covers India’s foreign trade and balance of payment

Greater Mekong Subregion

Greater Mekong Subregion PDF Author: Omkar Lal Shrestha
Publisher: Institute of Southeast Asian Studies
ISBN: 9814379689
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
The large market size and abundant resources of the Greater Mekong Subregion (GMS), including a large, motivated and cheap workforce, a rich agricultural base, extensive timber and fisheries resources, considerable potential mineral resources, and vast energy resources have seen the subregion increasingly recognized as a new frontier of Southeast Asian economic strength. This book aims to assess the recent economic, social and political developments in the GMS and identify emerging opportunities and challenges facing the successful transition towards a market-driven economy. The countries of the GMS are at a critical juncture where subregional efforts and cooperation must be made to fully address the rapidly evolving issues that are vital to appropriate policy formation, yet which remain widely debatable. The deliberations here shed light on the development stages and offer policy recommendations for pushing forward subregional cooperation.

Thirty Years of ASEAN-India Relations

Thirty Years of ASEAN-India Relations PDF Author: Prabir De
Publisher: Taylor & Francis
ISBN: 1003806260
Category : Political Science
Languages : en
Pages : 641

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Book Description
India and the Association of Southeast Asian Nations (ASEAN) are civilisational partners and belong to a shared geography. They not only share land and maritime borders, engagements between India and ASEAN have expanded from trade and investment to culture, science and technology, connectivity and sustainable development. The year 2022 marks the 30 years of partnership between ASEAN and India. In the last three decades, ASEAN and India have elevated their relations from the sectoral level to summit level to comprehensive strategic partnership level. The book Thirty Years of ASEAN-India Relations: Towards Indo-Pacific, presents rich prescriptions for the future. It covers a wide range of topics in the fields of economics, geography, history, archaeology, international trade, tourism, migration, and infrastructure for transport. The authors of the chapters are from diverse fields of academic disciplines from India and the ASEAN. Published to commemorate the 30th anniversary of ASEAN-India relations, this book is a valuable resource for practitioners and scholars who are interested in economic integration. Print edition not for sale in South Asia (India, Sri Lanka, Nepal, Bangladesh, Pakistan and Bhutan)

Rising India and Indian Communities in East Asia

Rising India and Indian Communities in East Asia PDF Author: K Kesavapany
Publisher: Flipside Digital Content Company Inc.
ISBN: 9814517607
Category : Social Science
Languages : en
Pages : 482

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Book Description
This edited volume containing thirty-five chapters focuses on three main contemporary issues: the phenomenon of "e;new Indians"e; in the past five decades, the impact of rising India on settled Indian communities, and the recent migrants. By examining these interrelated aspects, this study seeks to address questions like: what does "e;Rising India"e; mean to Indian communities in East Asia? How are members of Indian communities responding to India's rise? Will India pay greater attention to people of Indian origin? And last but not least, will Indians in East Asia identify themselves with their ancestral land or view such identification as problematic?

Myanmar

Myanmar PDF Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1484349180
Category : Business & Economics
Languages : en
Pages : 34

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Book Description
This Selected Issues paper analyzes banking sector developments in Myanmar. It highlights that latent banking sector risks are surfacing, following a period of rapid credit growth and as banks adjust to updated financial regulations. Over time banks will need to enhance their credit risk management, and reduce the over-reliance on collateral values to safeguard lending. A banking system action plan has been developed, to enhance the banking system’s resilience, as well as strengthen the supervisory and resolution framework. The ongoing overhaul of the prudential framework and financial sector reforms will strengthen the banking sector and its role in supporting the economy.