Does China바카라 사이트™s Economic Rise Help or Hinder the Development of its Neighbours?
Abstract
The impact of China바카라 사이트™s rapid economic growth is felt globally via international trade. Particularly among China바카라 사이트™s less-developed neighbours trying to develop their own industries, one of the most pressing questions is: does China바카라 사이트™s economic rise help or hinder the industrial development of its neighbours?
Recent literature argues that the answer to the above question depends to a considerable extent on the status of the country. According to these authors, Asia바카라 사이트™s more advanced nations benefit from the complementary effects of Chinese industrialisation.
China바카라 사이트™s rise as a platform for labour-intensive international trade helps the industrial development of these countries because Chinese exports depend to a great extent on capital equipment and components sourced from such countries. China바카라 사이트™s less-developed neighbours however suffer from the competitive effects of its growth. China바카라 사이트™s rise often hinders the industrial development of these countries as they specialise in labour-intensive industries in which China has come to play a dominant global role.
This study acknowledges the above distinction as an important starting point, but attempts to take the debate one step further. A critical element missing from the existing literature is the dynamics of change over time. To date, limited empirical research has shed light on how the impact of China바카라 사이트™s economic rise has shifted over time, and why it has done so. The present research paper seeks to fill these knowledge gaps, which it attempts by engaging in a longitudinal analysis of the Vietnamese motorcycle industry.
Citation
Fujita, M. Does China’s Economic Rise Help or Hinder the Development of its Neighbours? IDS, Brighton, UK (2013) 33 pp. [Evidence Report 45]
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