Summary This paper documents the diverging patterns of capital accumulation, profit rates, investment rates, capital productivity, and technological progress of China and India between 1980 and 2003. The two Asian economies have followed very different growth patterns and, today, they face...

The sharp decline in trade volume and value during the current economic crisis has contributed to lower transportation costs and reduced waiting times at border crossings, reducing the urgency of progress on trade facilitation. Meanwhile, greater trade is expected to play a key role in recovery,...

This presentation discusses topics of trade dynamics within developing Asia. It begins describing the context of Asian trade, particularly, intraregional trade and production fragmentation. Then, it covers what, and how large, are trade costs, and finally it addresses infrastructure's role in...

The primary objectives of this presentation are to compare and contrast the experiences of China and India in financing infrastructure investment; quantify the macroeconomic impacts of public infrastructure investment; and focus on the different modes of financing. It was presented at the Third...

International trade has played an essential role in Asia’s remarkable growth, development, and integration in recent decades. Infrastructure, both hard and soft, has played an integral part in facilitating that trade, primarily through reducing the associated transaction costs. Regional...

In the run-up to the 2008 global financial crisis, there was frequent discussion of Asia having decoupled from economic shock transmission originating in Europe or North America. Much of the basis for these arguments was related to the rapid expansion of intraregional trade in Asia. This paper...

We analyze the relationship between food security and trade by computing a bilateral import penetration index (BIPI), which gauges the degree to which a country depends on another or a small set of others for food imports. Food trade maps are then drawn by application of a force-directed...

The primary objectives of this presentation are to compare and contrast the experiences of China and India in financing infrastructure investment; quantify the macroeconomic impacts of public infrastructure investment; and focus on the different modes of financing. It was presented at the Third...