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
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.
CitationAbiad, 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.
Regional Economic Integration
Economies in transition
Gross domestic product
Economic development projects
Success in business
Communication in economic development
Restraint of trade
International economic integration