By Nguyen Manh Hung and Pham Sy An
The outbreak of the global financial crisis, the fluctuation of commodity prices, and the economic slowdown of the major trading partners in 2008 and the early 2009 has brought about one of the most difficult challenges to lower-income economies in the Greater Mekong Subregion (GMS, i.e. Vietnam, Lao PDR and Cambodia) since the Asian financial crisis of 1997-1998. Foreign trade, including both export and import, severely declined, leading to serious contraction of economic growth.
Asia-Pacific region has emerged as the growth pole of the world economy over the past decade.However, in the aftermath of global financial crisis, sustaining the dynamism of Asia-Pacific economies would require a rebalancing in favour of greater domestic consumption and exploiting the potential of regional economic integration. This paper argues that broader regional economic integration in Asia
Catastrophes caused by natural hazards that hit “without warning” serve as grim reminders of the challenge that governments and civil society face in identifying and protecting the areas that are at risk of extreme events. This paper presents a methodology to estimate the threshold of social and economic impact of disasters that indicate events that were the manifestation of high levels of risk. It shows the result of the application of the methodology to Desinventar dataset, which covers 20 countries/regions, and the change in the level of the threshold in the past forty years.
The Asia-Pacific Trade and Investment Report (APTIR) is a recurrent publication prepared by the Trade and Investment Division. It aims to deepen understanding of regional trends and developments in trade and investment; emerging issues in trade, investment and trade facilitation policies; and impacts of these policies on countries’ abilities to meet the challenges of achieving inclusive and sustainable development.
This book is a synthesis of the results and implications from a series of product-specific import and export process analyses conducted in selected Asian countries. It provides a unique set of micro-level information on the nature, as well as the time and cost, of trade procedures involved in moving goods from factory floor in an exporting country all the way to warehouses in an importing country.
Small and medium-sized enterprises (SMEs) have played an important role in South Asia and remain a critical source for employment creation as well as income generation. SMEs occupy an important position in the development strategy for inclusive economic growth and poverty reduction. In this respect, export-oriented SMEs, supplying competitive products and services with greater potential for backward and forward linkages, would substantially contribute towards higher national income and overall socio-economic progress of nations.
By D. R. Khanal
Rules of origin (ROO) define a condition under which preferential access to the product of an exporting country may be granted. Under the rules, a product must satisfy the fixed originating criteria they lay out. These rules are applied to determine whether particular exported products are eligible for preferential treatment based, for example, on the generalized system of preferences (GSP) when developed countries import the products.