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1. Regional cooperation, infrastructure and trade costs in Asia / Douglas H. Brooks -- 2. ASEAN open skies and the implications for airport development strategy in Malaysia / Tham Siew Yean -- 3. Transforming trade competition into coordination with the People's Republic of China / Li Shantong...
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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...
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We use a newly developed indicator of production sharing and processing trade to investigate the determinants of such trade in the context of a gravity model. The Network Trade Index measures countries' interdependence through the extent of trade in parts and components for further processing...
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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,...
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