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ISBN: 0821355147Издательство: World Bank Office of the Publisher
Emerging East Asian economies have seen their share of world exports more than triple during the past quarter-century, and intraregional trade has driven this growth. Broad measures of development in East Asia have improved at the same headlong pace. Whypush further integration now? Two economic events of historic proportions provide the context: strategic thinking of development in the region following the East Asian financial crisis of 1997-98 and the accession of China to the World Trade Organization. Policymakers interested in a stable, prosperous region are concerned by mildly rising inequality within countries and a widening gap between richer economies and the poorest economies. Increasingly, the development agenda in the region - with its focus on growth, jobs, and social stability - and the trade policy agenda - with its focus on market access and competitiveness - have become intertwined. East Asian policymakers seek to develop a coherent set of economic policies that can...