Regional Productive Complementarity and Competitiveness

Publication:
Regional Productive Complementarity and Competitiveness

dc.contributor.author	Baumann, Renato
dc.contributor.author	Ng, Francis
dc.date.accessioned	2013-05-10T17:28:56Z
dc.date.available	2013-05-10T17:28:56Z
dc.date.issued	2012-08-21
dc.description.abstract	A positive international environment favors growth of the several economies in a given region, but it does not assure that the differences in the economic potential of the several countries are reduced in this process. Alternatively, the presence of productive complementarities might foster competitiveness and contribute to increasing the degree of homogeneity, even in situations of adverse terms of trade. This article reviews the experience of six sub-regional groups in Asia and Latin America in the last two decades. Latin America has recently benefitted from significant improvement in terms of trade and yet the economies in that region remain as different in their relative economic potential as they were in the beginning of the 1990s. In Asia, however, the negative impact of terms of trade has not blocked a quite fast pace of GDP growth; furthermore, productive complementarity has led to an increasing convergence of the several economies, with a sharp increase in their share of the international market. There are clear lessons from the Asian experience.	en
dc.identifier.citation	The International Trade Journal
dc.identifier.doi	10.1596/13362
dc.identifier.issn	0885-3908
dc.identifier.uri	https://hdl.handle.net/10986/13362
dc.language.iso	en_US
dc.publisher	Taylor and Francis
dc.relation.ispartofseries	The International Trade Journal;26(4)
dc.rights	CC BY-NC-ND 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subject	regional integration
dc.subject	international trade
dc.subject	productive complementarity
dc.subject	export competitiveness
dc.subject	trade and GDP growth
dc.title	Regional Productive Complementarity and Competitiveness	en
dspace.entity.type	Publication
okr.date.disclosure	2012-08-21
okr.date.doiregistration	2025-05-06T11:18:11.199588Z
okr.doctype	Publications & Research::Journal Article
okr.doctype	Publications & Research
okr.externalcontent	External Content
okr.globalpractice	Trade and Competitiveness
okr.language.supported	en
okr.peerreview	Academic Peer Review
okr.region.geographical	Asia
okr.region.geographical	Latin America
okr.topic	International Economics and Trade
okr.volume	26(4)