Rapid economic growth in China has boosted its demand for commodities. At the same time, many commodity sectors have experienced declining demand from high-income northern economies. This paper examines two hypotheses of the consequences of this shift in final markets for the organization of...

This paper focuses on the impact of the Asian Driver (AD) economies (notably China and India) on the historic commitment by many low income economies to industrialisation. It focuses on recent experience in Sub-Saharan Africa (SSA) to show that (excluding South Africa) the only significant...

This paper analyzes the unit prices of imports into the EU, Japan, and the US during 1989–2006 of manufactured products in which China specializes. It finds that imports from middle income countries are in close price competition with those from China and that there has been price competition...