The Impact of Trade Conflict on Developing Asia
Abiad, Abdul; Baris, Kristina; Bernabe, John Arvin; Bertulfo, Donald Jay; Shiela Camingue-Romance, Paul Neilmer Feliciano; Mariasingham, Mahinthan Joseph; Mercer-Blackman, Valerie | December 2018
Abstract
This working paper estimates the effects of tariffs on gross domestic product, exports, and employment across countries and sectors, using the Asian Development Bank’s Multiregional Input–Output Tables. The 2018 trade conflict between the United States and the People’s Republic of China presents a stumbling block to the global manufacturing and international trade that has driven growth and prosperity in Asia. Findings suggest that if all documented threats and retaliations were to be carried out, gross domestic product would fall by around 1% in the People’s Republic of China and by 0.2% in the United States over a period of 2–3 years.
Citation
Abiad, Abdul; Baris, Kristina; Bernabe, John Arvin; Bertulfo, Donald Jay; Shiela Camingue-Romance, Paul Neilmer Feliciano; Mariasingham, Mahinthan Joseph; Mercer-Blackman, Valerie. 2018. The Impact of Trade Conflict on Developing Asia. © Asian Development Bank. http://hdl.handle.net/11540/9454. License: CC BY 3.0 IGO.ISSN
2313-6537 (print)
2313-6545 (electronic)
Keywords
Free Trade
Trade Facilitation
Trade
Economic integration
Regional Economic Integration
Intraregional Trade
Macroeconomic
Macroeconomic Analysis
Macroeconomic Framework
Macroeconomic Models
Macroeconomic Performance
Macroeconomic Planning
Macroeconomic Policies
Macroeconomic Reform
Macroeconomic Stabilization
Economic planning
Economic structure
Growth policy
Trade relations
Trade policy
Trade policy
Economic development
Economies in transition
International economy
Border integration
Economic integration
Gross domestic product
Trade policy
Trade Regulations
Exchange Rate
Regional economics
Economic forecasting
Economic development projects
Success in business
Business
Free trade
Business
Economics
Communication in economic development
Restraint of trade
International economic integration
Trade blocs
East-West
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