The rationale for South-South trade; An Alternative Approach
Mehdi Shafaeddin ()
MPRA Paper from University Library of Munich, Germany
Abstract:
Arguing that the theoretical literature on South-South trade is not satisfactory, the author provides an alternative framework and rationale for the South-South trade as a vehicle for industrialization and development of developing countries. He also applies this framework to developing countries in the Asia-Pacific region. In particular, showing that the low-income countries of the region are not benefiting much from the dynamism of the China market for their industrialization, he proposes, inter alia, industrial collaboration among the low-income countries as a necessary condition for benefiting from the potential role of China as a “pole” of industrialization and development of the countries of the region.
Keywords: International trade; South-South cooperation; industrial collaboration; production sharing; East Asia (search for similar items in EconPapers)
JEL-codes: F1 O1 O14 (search for similar items in EconPapers)
Date: 2010-10
New Economics Papers: this item is included in nep-int and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:26354
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