Navigating a Changing World Economy: ASEAN, the People’s Republic of China, and India
Petri, Peter A.; Zhai, Fan | January 2013
Abstract
Most projections envision continued rapid growth in the members of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India (collectively, ACI) over the next two decades. By 2030, they could quadruple their output, virtually eliminate extreme poverty, and dramatically transform the lives of their more than 3 billion citizens. The impact will be felt across the world. This study—a background paper to an Asian Development Bank report—used a Computable General Equilibrium model to examine the likely effects of the region's growth on trade, resources and the environment, as well as the implications of the many risks the region's growth path faces from its internal and external environment.
Citation
Petri, Peter A.; Zhai, Fan. 2013. Navigating a Changing World Economy: ASEAN, the People’s Republic of China, and India. © Asian Development Bank Institute. http://hdl.handle.net/11540/1166. License: CC BY-NC-ND 3.0 IGO.Keywords
Environmental Resources
Policy Environment
Regulatory Environments
Sustainable Development
Environmentally Sustainable Development
Ecodevelopment
Development Challenges
Natural resources policy
Show allCollapse
Citable URI
http://hdl.handle.net/11540/1166Metadata
Show full item record
Users also downloaded
-
Tax Administration Reform in the Maldives
(Asian Development Bank, 2015-06-01)In 2009, the Government of the Maldives and the Asian Development Bank (ADB) linked arms to push an economic recovery program. The outcome, validated as successful by independent evaluation in 2014, was greater fiscal space in the budget and ... -
Industrial competitiveness - The challenge for Pakistan (ADBI-PRM seminar paper)
(Asian Development Bank, 2004-10-15)This study examines the international competitiveness of Pakistan's industrial sector by 'benchmarking' various indicators of national capability and performance against competitors and by highlighting key lessons from the experience of successful Asian ... -
Local Public Finance Management in the People’s Republic of China: Challenges and Opportunities (English)
(Asian Development Bank, 2014-07-01)The People’s Republic of China is a highly decentralized unitary state with local governments having a dominant share of public service delivery responsibility. Local governance is critically linked to a local public finance system that creates incentives ...
Related items
-
The People’s Republic of China’s Growth, Stability, and Use of International Reserves
(Asian Development Bank Institute, 2014-01-24)In the run-up to the financial crisis, the world economy was characterized by large and growing current account imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of gross domestic ... -
The People’s Republic of China and Global Imbalances from a View of Sectorial Reforms
(Asian Development Bank Institute, 2012-11-02)"This paper examines the impact of sectorial reforms on current account imbalances, with a special focus on the People’s Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social protection, ... -
Impact of Production Linkages on Industrial Upgrading in ASEAN, the People’s Republic of China, and India: Organizational Evidence of a Global Supply Chain
(Asian Development Bank Institute, 2012-11-30)"This paper presents a simple model of industrial upgrading as a result of backward and forward information linkages between upstream and downstream relations. It also serves as an empirical investigation of the impact of mutual knowledge exchange on ...