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Economic and Social Survey of Asia and the Pacific 1992

Recent Economic and Social Development

image of Economic and Social Survey of Asia and the Pacific 1992

The annual Survey provides an extensive annual review of current economic and social trends within the Asian region and analyzes these developments against the background of events in the world economy. This publication is invaluable to every multinational corporation intending to expand their business in Asia or to invest in the region.

English

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Constraints on intraregional trade and investment expansion

The uneven spread of the incidence and the beneficial effects of the trade-investment nexus in the Asian and Pacific region that has emerged from the analysis in the previous chapters suggests that there are constraints to the exploitation of this nexus in several developing countries of the region. This chapter accordingly seeks to explain why the spread of the trade-investment nexus has not been greater than it actually has and the factors that could, at least in part, account for the instances of failure to exploit this interlinkage. It also seeks to explain situations where not only has the virtuous circle proved elusive but the effort at approximating it has led to severe balance-of-payments difficulties.

English

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