Trade Policy Reform in the East Asian Transition Economies

Martin, Will

World Bank, Washington, DC

关键词: AGREEMENT ON TRADE;    AGRICULTURAL PRODUCTS;    AGRICULTURAL TRADE;    AGRICULTURE;    ANTIDUMPING;   

DOI  :  10.1596/1813-9450-2535
RP-ID  :  WPS2535

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The performance of the East Asiantransition economies in export and income growth has beenstrikingly better than that of countries in Eastern Europeand the former Soviet Union. The East Asian economies haveachieved remarkably high growth rates in outputs and exportswithout the often large declines in output and exportsobserved in Eastern Europe and the former Soviet Union. EastAsian reformers have successfully made many of the parallelchanges needed in both domestic and trade policies to secureexport and income growth. (It makes no sense, for example,to introduce the trade policy instruments of a marketeconomy when the domestic economy is still based on centralplanning.) But there has been no single magic formula fortheir success. The author discusses what each of theeconomies (Cambodia, China, Lao People's DemocraticRepublic, and Vietnam) has done. China experienced anextended transition process; the transition ws much shorterin other East Asian transition economies--especiallyCambodia. Several of the East Asian transition economiesused accession to a regional arrangement as part of theirreform strategy. China focused mainly on unilateral reformsand, more recently, reforms associated with its accession tothe World Trade Organization. Most have made extensive useof policies to attract foreign investment and to mitigatethe burden of protection on manufacturing exporters. Most ofthe remaining trade policy problems, although difficult,appear to be problems more of development than of transition.